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Computer security set to cost billions: analysis
From: InfoSec News <isn () C4I ORG>
Date: Tue, 9 Jan 2001 16:14:49 -0600
http://news.ninemsn.com.au/sci_tech/story_6918.asp AAP 21:38 AEDT Tuesday 9 January 2001 Computer users will spend more than $US3 billion over the next three years on security software to combat a rise in computer-related offenses such as hacking, a computer analysis company said Tuesday. A report by International Data Corporation said the market for security software was set to reach $US3.397 billion in 2004, up from $US266 million in 1999, as enterprises rush to protect themselves from a rise in corporate espionage and computer hacking. It said security breaches such as vandalised Web sites, computer viruses, information theft and denial of service at electronic commerce and support sites were the main problems for corporations. Last year, computer viruses Melissa and the Lovebug swept the computer world and closed down infected computers until programs were written to combat them. "IDC predicts a whole new range of viruses and malicious applets, which will creep into many enterprises," said Natasha David, a senior analyst at IDC. The report said most computer users would concentrate their security dollars on intrusion detection and finding out how vulnerable their systems were. - AP ISN is hosted by SecurityFocus.com --- To unsubscribe email LISTSERV () SecurityFocus com with a message body of "SIGNOFF ISN".
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