AV Spending Seen As Pointless

"Following the highly publicized and successful malware attacks on Google, Symantec, Adobe, Dow Chemical, and others, business and government executives are questioning the value of their AntiVirus subscriptions. Their unprecedented skepticism will grow even more intense as more executives learn that all of these successful attacks were easily preventable.

"`In almost every meeting I’ve had since the mainstream media started reporting on these highly visible failures, executives and IT personnel have criticized their AntiVirus computer protection. This Aurora/Hydra outbreak could spark a big change in 2010 enterprise IT security spending, a multi-billion dollar change`, predicts Mike Fumai, CEO of Blue Ridge Networks.

"There’s nothing particularly novel about the exploitable vulnerabilities in Internet Explorer this month, or those in Adobe Acrobat Reader last month. These are merely new entries in a formulaic story re-written almost monthly. Last week’s out-of-cycle security patch from Microsoft is just a less frequently seen plot twist. Until now, these recurring stories only served to increase spending on AntiVirus software from well-known security vendors. However, these targeted organizations with deep pockets and large IT security staffs were successfully attacked because their name-brand AntiVirus software did not have signatures to detect the malware attack code."

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