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The statement that PaaS allows customers to build applications without managing the underlying infrastructure is indeed accurate. Platform as a Service (PaaS) is designed to provide a platform allowing developers to create, test, and deploy applications quickly and efficiently. This means that customers can focus on the development and management of their applications without needing to worry about the maintenance and operation of the underlying hardware and software infrastructure required to run their applications.

This allows for greater agility and speed in application development, as users can take advantage of pre-built application components, tools, and services provided by the PaaS provider.

The other statements do not accurately reflect the purpose of PaaS. While hardware is an important component of the service, PaaS goes beyond merely providing hardware and includes platform and development tools. Additionally, PaaS does not limit itself to offering only database services, as it encompasses a range of development-related services and features. Lastly, while security is a crucial aspect of any platform service, PaaS is not exclusively focused on network-level security controls; it also addresses application security and other aspects of the platform, thereby providing a broader range of security features.