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

Google Makeover Gets 'Personal'

Looking to stave off aggressive competition from rivals such as Yahoo and Microsoft, search technology powerhouse Google has started testing a personalized Web search feature more »

search.lt news

search.lt presents newest links more »

Ballmer rues Web-search decision

Internet searching is a hot technology business, but you wouldn't know it from looking at Microsoft more »

Lindows plans US gov backed global assault on Windows trademark

Lindows.com intends to use a US Department of Commerce programme to have Microsoft's trademarks of Windows invalidated worldwide more »

CeBIT'2004: All in One Screen

Why have two or more screens when you can make do with just one? more »

Sony Ericsson banks on 3G appeal

The future looks bright for third generation mobiles, according to the boss of phone maker Sony Ericsson more »

New Standard Would Let Devices Communicate by Touch

Visa has already distributed millions of so-called contactless credit cards cards that can be read by simply waving them in front of small machines more »

The "Swissmemory USB Victorinox"

It's got everything from a toothpick to a bottle opener and screw driver more »

No Bigger than A Pen

German company Siemens introduced its latest contribution to the mini phone rage: the PenPhone more »

Dancing Robots

Kunitake Ando, President of Sony, unveils the Japanese company's contribution to artificial intelligence: a dancing robot more »