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

New service

Austrians can use mobiles to monitor Czech, Slovak radiation more »

Antivirus companies consider 'Coronex' a low threat

New e-mail worm exploits SARS anxiety more »

First Ever Linux Summit In Finland A Success

The Linux Summit 2003, arranged by SOT in co-operation with HP, Oracle and F-Secure was a declared a success for both organizers and attendees more »

ITAA Calls for Cybersecurity Czar

The Information Technology Association of America is calling for the appointment of a "cyber czar" in the wake of the resignations of key White House cybersecurity advisors more »

search.lt news

search.lt presents newest links more »

Estonia Blazes Internet Trail Back

Banking is actually booming in Estonia - via Internet more »

Poland snubs EU by buying US fighter jets

The $6.2b deal with Lockheed sparks outcry from not just European governments but also American unions more »

search.lt news

search.lt presents newest links more »

IBM Plans Sneak Attack On Microsoft Office

There will soon be another entrant in the lopsided Office wars more »

What Windows Server 2003 Will Mean for IT

There will be performance improvements and cool features in Microsoft's new server, but if an enterprise is a volume licensing customer or an NT 4.0 shop, the choice to upgrade may be no choice at all more »