Security solutions distributor, NetXactics, is meeting demand for greater national representation of the Sophos AV and spam management solutions set. A newly opened branch office in Cape Town will ensure a direct regional presence with closer implementation and support ties for a growing South African customer base.
"Sophos has demonstrated its continued ability to capture market share and secure its overall market position, growing its bookings by 42% worldwide over the 2003 to 2004 period," says Brett Myroff, CEO of NetXactics.
Expansion of the product set into corporate SA is being marked by significant growth for NetXactics, as Sophos started edging its way closer to the top of the global SCM brand ranking.
IDC, in its updated forecast for the SCM software market for 2004 to 2008, expects the worldwide revenue for SCM software to reach $4.2 billion this year. Growth in 2008 is forecast to increase to $7.5 billion.
Myroff says a number of emerging threats are contributing to the overall growth in this space. "While major virus and worm outbreaks, explosive growth in spam and deadlines for compliance with government regulations are still fuelling the need for Web and messaging security solutions, a number of new threats are moving up the priority list of corporate security concerns."
IDC ranked Spyware the fourth greatest threat to network security ahead of spam, hackers and cyber terrorism. Phishing attacks are also starting to become a critical concern as the prevalence of spoofed e-mails and fraudulent Web sites designed to fool recipients into divulging personal financial information is on the rise.
Many of these threats are also converging as spammers start resorting to outright criminality in their efforts to conceal the source of their spam messages, using Trojan horses to turn personal computers and corporate users into secret spam engines.
"The requirement for more proactive security products and services is becoming very plain. The rapid infection by new worm and virus attacks means that slow responses will cripple most customer environments because they will not be able to get ahead of the initial infection and the far more serious re-infections. Hackers are also getting more sophisticated and faster at exploiting application vulnerabilities," Myroff says.
"The demand for broad e-mail hygiene protection is growing rapidly, calling for single platform solutions that combine virus and spam protection with content filtering and denial-of-service attack prevention," he adds. "The Meta Group indicated that vendors that can aggregate multiple hygiene services into a one solution will ultimately provide the necessary economies of scale in procurement, management and operational overhead."
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