Advanced threat software to become $1.7B market: IDC

The increasing use of stealthy malware for highly targeted attacks will push the development of anti-advanced threat software into a market worth more than $1.7 billion by 2017, according to a recent report by analyst firm International Data Corp.

IDC said cyber attackers have been using different pieces of code for each phase of their offensive against their target, making it more difficult to detect advanced attacks through traditional methods such as signature-based defenses.

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To defend against the threats, a new segment of products has emerged using a variety of technologies that go beyond signature-based defenses. IDC calls these products Specialized Threat Analysis and Protection (STAP) products.

“Organizations have quickly begun to realize that they need improved protection against targeted attacks,” said John Grady, research manager with IDC’s Security Products group. “IDC has seen these solutions become a strategic necessity for many organizations, especially in the financial services and government sector, with budget being quickly allocated to prioritize deployment.”

The analysts firm’s Worldwide Specialized Threat Analysis and Protection 2013-2017 Forecast looks nto the maket opportunities around software products designed to deal with advanced threats.
Among IDC’s findings were:
• Many STAP solutions today are deployed in a layered fashion (e.g. endpoint and network-based solutions). This means not all vendors in this market compete against one another
• In many cases, there remains a gap between detection and remediation, although vendors are moving quickly to address this
• Ultimately, many STAP functions will be incorporated into traditional security products, although IDC believes this will be towards the end of the forecast period

According to the report STAP products will have a compound annual growth rate of 42.2 per cent from 2012 through 2017 with revenues reaching $1.17 billion in 2017.

 

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Jim Love, Chief Content Officer, IT World Canada

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