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

Iraq, its domain and the 'terrorist-funding' owner

The war against Iraq may be drawing to a close but the war over its Internet future is just beginning more »

Windows CE to outship PCs in five years - researcher

In five years' time, more Windows CE devices will be shipping than Windows PCs more »

Government surveillance of online phone calls sparks controversy

Wiretapping takes on a whole new meaning now that phone calls are being made over the Internet, posing legal and technical hurdles for the FBI more »

Hidden cost

The high price of piracy more »

Sex takes backseat to Al-Jazeera site in Internet searches

In spite of being mostly knocked offline, the Web site of Arab satellite news network Al-Jazeera was among the most sought-after on the Internet last week more »

Canada becomes first to ratify NATO expansion

Canada has become the first nation to ratify expansion of the NATO defense alliance, which Latvia and six other nations have been invited to join more »

HP Thinks in 3D for Web Browsing

Hewlett-Packard's future vision of shopping online more »

Writers of Viruses Get Politics Bug

The war hasn't spawned new viruses. Instead, the same old viruses are being sent with new subject lines in the e-mail. more »

Web swarm gathers in the Netherlands

Eyebees, a Dutch-based start-up, has launched a beta version of a software application bearing the company's name that allows users to become either part of or lead an on-line "swarm" as they navigate the Internet more »

search.lt news

search.lt presents newest links more »