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

Japan Plans to Enhance GPS System

Around the world, governments, soldiers and civilians have come to rely on the Global Positioning System for all sorts of navigational uses more »

Microsoft Reveals Greenwich Pricing

Microsoft Monday unveiled the pricing of its forthcoming Live Communications Server more »

The policy shift

Merrill Lynch on Friday will ban access to outside e-mail services from popular sites such as America Online, Yahoo and MSN more »

EU Offers Microsoft Last Chance

The European Union Wednesday said it will give Microsoft one final opportunity to comment before it wraps up the antitrust probe it launched against the software titan nearly four years ago more »

Terrorist Futures Site Sinks Poindexter

Dr. John M. Poindexter, director of the Dept. of Defense's Information Awareness Office (IAO), is expected to resign within the next few weeks according to senior Pentagon officials more »

Pentagon Folds Hand in Online Terrorism Futures Scheme

The Pentagon has agreed to stop a new program of the Defense Advanced Research Projects Agency (DARPA) to predict terrorist events through the online selling of "futures" in terrorist attacks more »

Credit card hackers swap tricks online

Chatrooms used for sharing hints and tips in growing business of ID theft more »

Spam fighters need better tech

A new approach to fighting spam includes the use of better technology to tackle the problem, according to a panel of government officials more »

RADAR for productivity in the workplace

DARPA to invest in digital butlers more »

Microsoft pitches voice spec

SALT support trumps Voice XML as Speech Server sounds return of enterprise voice more »