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

Privacy Groups Not Satisfied with MS Passport Fixes

"Unfair and deceptive trade practice" more »

A Tiny Dose of Java Adds Smarts to Phones

Despite the wireless hype, serious questions remain about the capabilities of advertising on this nascent medium. more »

MTV.com Relaunched with Community-Building Features

New York-based MTVi Monday fulfilled its promise to overhaul its flagship MTV.com Web site this summer more »

Microsoft Makes Peace with Kodak

Eastman Kodak Co. Monday hailed Microsoft Corp.'s recent decision to modify its upcoming Windows XP operating system to give third-party digital photography software vendors more »

Hunt for Code Red authors turns into witch hunt

Reports that the author of the infamous Code Red worm belong to virus writing group 29A have been comprehensively refuted by hacking groups and security experts alike. more »

Virus Detectives Face Daunting Challenge

Federal officials say they can track down the authors of outbreak viruses like Code Red and SirCam with the help of security experts and technology, but some contend that finding those behind the malicious code depends mostly on whether they talk or not. more »

Asia-Pacific To Top U.S. Internet Market By 2003 - Study

The number of Internet subscribers in the Asia-Pacific region will zoom past those in the United States, making Asia-Pacific the world's largest Internet market within three years. more »

New creative opportunities

X3D enables next generation browsers for Web and broadcast applications more »

The combined solution

IBM to Integrate and Resell Virage Products as Part of IBM'S Media Production Suite more »

Zimbabve lacks computer specialists

„Wincor Nixdorf“ partners again requested help from JSC „Penki kontinentai“. more »