Business Services Industry
IDC Report Defines New Content Security Market - Industry Trend or Event
EDP Weekly's IT Monitor, July 17, 2000
Content Technologies announced the release of the first analyst report to define the content security market.
The report is entitled "Content Security, Policy-Based Information Protection and Data Integrity." The report estimates that this markets worldwide is set to grow from $66 million, in 1999, to $952 million, in 2004. This explosive growth is being driven by a need for organizations to protect themselves from damage to their intellectual property, corrupted data, loss of productivity and exposure to legal liability, as the volume of e-mail and Internet traffic, and the complexity of their content, rapidly increases.
Content security is defined as both the capability to recognize and manage the increasingly complex objects (e.g. attachments, .exe files, malicious code, pornography, spam) transferred over e-mail and the Web, and the ability of an organization to apply flexible and adaptable security policies to those objects.
Content Technologies, which reported revenue figures of $18.3 million for the fiscal year ending October 1999, is a leader in this market sector with over 6,000 customers and six million users worldwide. Many financial institutions, telcos and IT companies, as well as airlines and government organizations, are protected from content threats by Content Technologies' MIMEsweeper content security solutions.
Content security covers two market areas: e-mail/Web content scanning and malicious mobile code (MMC) management. E-mail/Web scanning solutions are able to search e-mails and Web content for excessive file size, prohibited content, profanities, corrupted data, pornography, and racist or hate materials for example.
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