Case Analysis Kaspersky Lab: from Russia with Anti-Virus
Case Analysis
Kaspersky Lab: From Russia with Anti-virus
Industry Background: Software Security
Cybercrime has become a fast growing concern for the 21st century as businesses, institutions and individuals grow into an interconnected web of computer networks. Online business transactions, along with the sharing of personal information, are vulnerable to a host of disasters that can reap economic and social havoc. Some sources say that today, cybercrime costs more than $1.0 trillion to society--Global Industry Analysts, Inc. forecasted the world cyber security market to reach $80 billion by 2017 (Gale, 2011).
Chief concerns for this Industry are: Internet-based fraud, sophisticated viruses, illicit network access, and computer network sabotage. Software security includes issues such as accidental disclosures caused by flawed or debugged programs and the active or passive infiltration of computer systems Active infiltration includes activities such as obtaining unauthorized information fusing legitimate system access, gaining access through improper means of obtaining identification, or unauthorized physical access in order to gain access to systems. Passive infiltration includes wiretapping on data communications lines or databases and using concealed devices to transfer data in computers, databases, or data communications lines. (Gale, 2011)
Historically, information technology has had only basic security at best and highly vulnerable to attacks. In an effort to ward off cyber threats and capitalize from it, computer security companies began to market a wide range of services and products to prevent sabotage and unauthorized computer use. These security applications include virus detection and removal software, firewall support, encryption software, intrusion detection and analysis software, security consulting services, and even devices for user authentication (Gale, 2011).
Security software is a high growth market and is so mainly as a result of
Kaspersky Lab: From Russia with Anti-virus
Industry Background: Software Security
Cybercrime has become a fast growing concern for the 21st century as businesses, institutions and individuals grow into an interconnected web of computer networks. Online business transactions, along with the sharing of personal information, are vulnerable to a host of disasters that can reap economic and social havoc. Some sources say that today, cybercrime costs more than $1.0 trillion to society--Global Industry Analysts, Inc. forecasted the world cyber security market to reach $80 billion by 2017 (Gale, 2011).
Chief concerns for this Industry are: Internet-based fraud, sophisticated viruses, illicit network access, and computer network sabotage. Software security includes issues such as accidental disclosures caused by flawed or debugged programs and the active or passive infiltration of computer systems Active infiltration includes activities such as obtaining unauthorized information fusing legitimate system access, gaining access through improper means of obtaining identification, or unauthorized physical access in order to gain access to systems. Passive infiltration includes wiretapping on data communications lines or databases and using concealed devices to transfer data in computers, databases, or data communications lines. (Gale, 2011)
Historically, information technology has had only basic security at best and highly vulnerable to attacks. In an effort to ward off cyber threats and capitalize from it, computer security companies began to market a wide range of services and products to prevent sabotage and unauthorized computer use. These security applications include virus detection and removal software, firewall support, encryption software, intrusion detection and analysis software, security consulting services, and even devices for user authentication (Gale, 2011).
Security software is a high growth market and is so mainly as a result of
Cited: “Computer Security.” Encyclopedia of Emerging Industries. Online Edition. Gale, 2011. Reproduced in Business and Company Resource Center. Farmington Hills, Mich.: Gale Group. 2011. http://galenet.galegroup.com/servlet/BCRC SFGate.com 2011. Global Smartphone Security Software Market to Reach $2.99 Billion by 2017, According to New Report by Global Industry Analysts, Inc., April 29, 2011, http://www.sfgate.com/cgi-bin/article.cgi?f=/g/a/2011/04/29/prweb8354131.DTL Kaspersky Lab: From Russia with Anti-virus. Dr. Nir Kshetri, 2011. Prepared for use in International Marketing class. PRWeb.com 2011. Global Security Market to Reach $80.02 Billion by 2017, According to New Report by Global Industry Analysts, Inc., April 05, 2011, http://www.prweb.com/printer/8262390.htm Hoover’s. (2011, July 5). LABORATORIYA KASPERSKOGO ZAO. Hoover’s Company Records-In-Depth Records. Retrieved from LexisNexis Academic database. Quintura 2010. Kaspersky Lab Reaches Record Revenue in 2009, 03. 03. 10, http://blog.quintura.com/2010/03/03/kaspersky-lab-reaches-record-revenue-in-2009/