Cashing in on "CIH"

Published: 27 April 1999 y., Tuesday
As hundreds of computer viruses appear each month, anti-virus firms stay busy. The threat of a computer meltdown by the looming "Chernobyl" virus has many people rushing to secure their PCs, and they are turning to a handful of companies that keep a watch on the estimated 300 new viruses created every month. The Chernobyl, or "CIH," virus, which comes on the heels of the Melissa e-mail virus about a month ago, threatens to wreak techno-havoc by destroying files on a computer_s hard drive. April 26 is the 13th anniversary of the Chernobyl nuclear disaster in Ukraine. Variants of the virus already have been detected in Asia and elsewhere, where in some cases the virus is activated on the 26th of every month. Most personal computers already have anti-virus programs installed. But users are being warned that they need to update their software with new programs to ward off the new strains. To get this software, users are directed to the Web sites of a number of companies, mainly Symantec Corp. (SYMC), Network Associates Inc. (NETA), maker of the Norton anti-virus that is installed on many PCs, and Trend Micro. When these headline-making scares hit, anti-virus companies see more business, but they don_t necessarily get a huge boost, analysts said, since about 75 percent of personal computers on the market already have anti-virus equipment installed. Anti-virus software accounts for at least $700 million in revenue each year, estimates Richard W. Davis, of Richard W. Davis & Co. And whenever there is a hyped-up virus such as Chernobyl, Melissa, or Michelangelo -- a virus that struck several years ago -- people become more cognizant of the problem, he said. "I think it makes people aware that there are people out there that like to wreak havoc," he said. "That makes a good basic market for anti-virus products."
Šaltinis: Internet
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

RealNetworks patches video server vulnerability

Streaming media giant RealNetworks Friday morning posted a patch for a flaw in its video servers that leaves them vulnerable to crippling attacks. more »

Intel delays Celerons because of manufacturing crunch

Intel has pushed back the release of two desktop processors because of a manufacturing crunch that has created shortages. more »

Eastman-Kodak Loses Trademark Suit

The Russian representative office of Eastman Kodak on Friday lost a suit in Moscow Arbitration Court. more »

A testing area's pictures

Pictures of the US secret base, known as Area 51, are available on the Internet now. more »

Linux company plans spinoff to rival Microsoft, Sun

A company known by few outside the Linux community is planning to spin off a division that will try to take on Microsoft and Sun Microsystems. more »

Media Metrix: Six Types of Online Consumer Identified

Apr 19 2000: There are six distinct categories of online consumers and Internet marketers should focus on one or two of these groups rather than spreading their efforts too thinly. more »

search.lt news

search.lt presents newest links more »

Accused Hacker's Father Charged by Canadian Police

Canadian police said on Saturday they had charged the father of an alleged 15-year-old hacker, known online as ``Mafiaboy,'' of conspiring with another man to commit assault in an unrelated hacking case. more »

Apple not flattered by another iMac look-alike

Apple is debating how to deal with another iMac look-alike, this time from a company Down Under. more »

Daiei eyes home delivery of goods ordered on Net

The nation's largest retail chain operator, Daiei Inc., plans to start a nationwide home delivery service for merchandise ordered via the Internet, it was learned Thursday. more »