Posts tagged ‘data protection’

Where would your business be if you lost your data?

Every company handles huge amount of data in the form of company details, project details, customer database, etc. But then this data can be lost due to Hardware/Software Problems, Human Error, Viruses or Natural Disasters. Apart from this, the companies, specially IT, also fear the release of their sensitive information outside. This is the reason why data protection is the number one concern of chief information security officers worldwide.

Thus the DLP (Data Loss Prevention) tools are being heralded as tactical tools to help businesses meet compliance needs and protect intellectual properties. many security companies have invested in DLP either through in-house development or by acquiring some reputed startups. McAfee payed around $46m to buy DLP firm Reconnex. Similar deals featured Symantec purchasing Vontu for $350m, Trend Micro picking up Provilla and EMC acquiring Tablus.

Analyst group IDC has predicted that Information Protection and Control (IPC) market would grow to around $3.2bn by year 2011. This would present a great opportunity for Information Security companies like Agape Inc to offer either their products/solutions or services and prevent your data loss.