iSpy: corporate espionage a growth industry

Corporate espionage will be the single biggest IT security threat to Australian enterprise by 2005, according to a new IDC report.

The report into Australia's Internet security market points to information theft and security breaches by e-commerce competitors such as Denial of Service attacks as an emerging trend.

It identifies a thriving market for digital certificates, intrusion detection software and access management tools but claims firewall and anti-virus products face a shakeout.

IDC senior analyst Natasha David said although the virus problem will remain anti-virus software will be a value-add not a stand-alone market as it is today.

"It will no longer be sold as a one-off license; anti-virus software will be subscription-based from organizations such as Internet Service Providers (ISPs)," she said.

David said one of the fastest growing segements in the market will be security 3A software (administration, authorisation and authentication) because users will go for ease of management as security becomes more complex.

She said the next wave in security will be business to mobile as providers scale current applications to meet high numbers of users 24x7.

High profile security breaches and increased Internet use is driving the security market but David said this is still a reactive response, "a bit like locking the gate after the horse has bolted."

She said packaged security software in Australia was valued at $206.4 million in 2000 but this will grow at a compound annual growth rate of 48 per cent to reach $1443 million in 2005.

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