Skip to main content

Rise in Tech Threats Spawns Growth for Region's IT Security Vendors

January 20, 2014

Rise in Tech Threats Spawns Growth for Region's IT Security Vendors

Worcester Business Journal, By Michael Novinson

The rise of targeted attacks on information systems has created growth opportunities for security software companies in Central Massachusetts, according to industry experts.

Globally, revenue for security software vendors has grown 10.5 percent over the past two years, from $8.57 billion in the first half of 2011 to $9.47 billion in the first half of last year, according to technology research firm IDC of Framingham.

A good chunk of that growth has been concentrated in Massachusetts, with revenue for eight of the Bay State's largest security software companies — including Hopkinton-based EMC and Courion Corp. of Westborough — growing 15.5 percent over the same period from $1.3 billion to $1.5 billion, IDC found. Read more.

Rise in Tech Threats Spawns Growth for Region's IT Security Vendors

Rise in Tech Threats Spawns Growth for Region's IT Security Vendors
Kaspersky logo

About Kaspersky

Kaspersky is a global cybersecurity and digital privacy company founded in 1997. With over a billion devices protected to date from emerging cyberthreats and targeted attacks, Kaspersky’s deep threat intelligence and security expertise is constantly transforming into innovative solutions and services to protect individuals, businesses, critical infrastructure, and governments around the globe. The company’s comprehensive security portfolio includes leading digital life protection for personal devices, specialized security products and services for companies, as well as Cyber Immune solutions to fight sophisticated and evolving digital threats. We help millions of individuals and nearly 200,000 corporate clients protect what matters most to them. Learn more at www.kaspersky.com.

Related Articles Press Releases