Computer content security industry to boom, says report
Published: 10 Jul 2000 10:03 BST
The content security industry is due for a major value explosion over the next few years, according to a study by research group IDC, Monday.
It predicts this section of the security industry, which helps defend companies against malicious computer hacking, viruses and organised cyber crime, will see a staggering 1400 percent growth over the next four years. That could turn $66m (£43.5m) from 1999 to around $952m (£627m) by 2004.
High profile cyber attacks like the LoveBug have significantly increased public awareness and commercial concerns over security, according to the study.
Businesses are also becoming more conscious of the legal liability they have for inappropriate and illegal content such as abusive email, spam and pornographic material.
"The IDC report defines the full depth and breadth of the content security market for the first time," says David Guyatt, chief executive of market leading company Content Technologies.
"For a long time it has been obvious that content security is about much more than just stopping viruses or blocking web sites. This report underpins the need for solutions that help businesses protect themselves against all content security threats to the integrity of their business and IT network."
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