Increase in cybercrimes has created a need for more internet security experts across different regions.
At present, many technology and service providers are helping companies safeguard their internet presence. Certain trends that internet security market is observing includes organizations coming under blame, the rise of dangerous smartphone applications and sudden rise in the counts of cyber criminals continuously harnessing the capabilities of social medial. Research analysts at Allied Market Research assessing the growth rate, share and size and trends outlined that the sector has tracked a tremendous increase in malware, with trends targeting Android phones. When downloaded onto mobile phones, criminals easily gain access to important information, which is then misused without owners knowing it.
Business Internet Security Market Takes a Centerstage
Business internet security solution are helping enterprises secure their connections to the internet. Besides this, their role in protecting data from any external intrusions as well as attacks has further increased its demand. By implementing this, network administrator can keep a check over the usage of internet connections. It further empower end – users to either block or limit internet access to particular types of applications. In a recent incident, Orange Romania has launched “Business Internet Security”. This is a locally created platform that provides tailor -made security solutions for enterprises. Service was introduced by Orange in collaboration with Ampec. Furthermore, the company uses firewall technology from Fortinet, which helps in both the detection as well as prevention of attacks.
Organizations Plan Innovative Measures to Create New Opportunities in Internet Security Market
Off late, banks are also seen reimbursing the end-users who fall prey to online crimes. Some banks are planning to incentivize their end- users who not only fail to improve their passwords but also update their anti-virus software. In a recent interview Bernard Hogan-Howe, metropolitan police commissioner said “If you are continually rewarded for bad behaviour you will probably continue to do it but if the obverse is true you might consider changing behaviour," he told the broadsheet. Echoing his sentiments, he said “The system is not incentivising you to protect yourself. If someone said to you, ‘If you’ve not updated your software I will give you half back,’ you would do it.” Another news revealed that China is focusing on introducing an extensive internet security, corruption and anti-terrorism co-operation with the U.S. Bitdefender, a popular internet security solution provider based in Romania has launched an innovative plan for the Bangladesh market. It would soon be offering internet security for personal computer at Tk.1/- per day.
Eyeing the major development in the sector, Allied Market Research has added a report titled “World Internet Security Market - Opportunities and Forecast, 2014 - 2020.” The study weighs up on the growth rate, share and size and trends in the industry.