Boom times for web security suppliers
- 16 June, 2008 22:00
Web security and information protection and control (IPC) markets will grow quickly in the next five years, say analysts IDC.
Australia and New Zealand senior security analyst Patrik Bihammar told a recent Auckland IDC security event the growing demand would stem from increased threats brought on by the Web 2.0 environment, concerns about data leakage from inside organisations and the need to discover and protect sensitive information.
The researchers predict the global web security market will have a compound annual growth rate of 14.8 percent to reach almost US$2.3 billion by 2011, with the IPC market set to grow 33.4 percent year on year over the same time to reach US$3.2 billion.
Bihammar painted a picture of the modern threat landscape, comprising organised cybercriminals, targeted attacks, complex remediation after attacks, an overwhelming amount of malware variants and polymorphic threats and a growing focus on internal threats.
“Hackers are opportunistic and turning their attention to the web,” says Bihammar. “Hackers planting malicious code on legitimate websites is becoming the norm.” Such sites include those focused on news and banking, not the “dark corners” associated with security threats in the past, he says.
Web 2.0 will become a major force in the distribution of such malware, identify fraud, privacy violations and corporate data loss, as message boards, blogs and social networking sites increase in popularity, IDC predicts.
Organisations are finding more incidences of data loss caused by human error rather than being deliberate, Bihammar says.
The analysts also tip the international network access control (NAC) market will grow at 43 percent year on year to reach $US3.8 billion by 2011, with adoption growing as functionality expands.
Bihammar says the technology has become a high priority because of the “everything, everywhere” network.
“We believe it won’t be too long before more gadgets and things are connected to the network than PCs and laptops. Many of those aren’t managed by IT, they’re consumer devices.”
However, he says there is a large and confusing range of vendor offerings for NAC, with cost and complexity remaining barriers to adoption. This is also the situation in the IPC market, Bihammar says.