The New York Times had a report on the booming security trade. The article says that “big companies are expected to spend $32.8 billion on computer security this year, up 9 percent from last year”, and that the future looks great for the industry as well, as “small and medium-size businesses will spend more on security than on other information technology purchases in the next three years”.

The Times then went on to list firms that have successfully entered the capital markets, including the likes of Imperva, Splunk, an Plao Alto Networks. In addition, there are also firms that have been sold for big bucks, such as AuthenTec and NetWitness. Things are even looking swell for start-up companies, as they collectively raised $935 million last year, nearly double the $498 million the year before. Bing winners include Lookout, who raised $78 million from top-tier firms like Accel Partners and Andreessen Horowitz, Zenprise, who raised $65 million, and Solera Networks, who has raised over $50 million from Intel Capital and others.

This shouldn’t be hard to understand. After all, while cyber crimes may or may not cost $1 trillion of damage a year, cash cows like Visa and Mastercard have been and will always be targets. Even Internet companies like Linkedin are not immune to breaches either. If big data is indeed the future, then there will only be more enticement for thieves, and along with them, more police on the beat.

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Yang Wang

Yang is currently the brand and media director at Elitime Media & Consulting. He has published and translated seven books, and several of his works have been translated and published in areas such...