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

12 New Mobile Processors

CeBIT: AMD Jump-Starts Competition In Thin-And-Light Notebook Market; Unveils 12 New Mobile Processors more »

search.lt news

search.lt presents newest links more »

Microsoft explores self-managing software

The company plans to unveil the initiative, called Dynamic Systems Initiative (DSI), at a Las Vegas conference next week when it debuts its new systems management tools more »

CeBit cleans up with new tech

Oracle deal: Good omen for Linux group? more »

DSL Leads Global Connections

Global DSL subscriptions nearly doubled during 2002, from 18.8 million to 35.9 million more »

Password-stealing e-mails spread

Scam widens; latest seeks Discover Card accounts more »

“Chief” level event

The ICT World Forum @ CeBIT 2003 more »

Deloder worm leaves behind two Trojan horses

The worm uses infected copies of remote-access app VNC and Internet-communications app IRC more »

Intel's New Wireless Platform: Centrino

After years of working with code-named chipsets and bundling the processors on a new platform, Intel Corp. Wednesday officially took the wraps of its latest Centrino technology more »

Two main problems

Europe finds MS guilty, but wonders what to do about it more »