FinancialBuzz.com: Demand for Strong Internet Security Driven by Increasing Threats
NEW YORK, February 8, 2017 /PRNewswire/ --
According to Allied Market Research the Global Internet security market is expected to reach $46.5 billion by 2021, registering a CAGR of 8.4% during the forecast period 2016-2021. With the increased usage of the Internet, at home, work and education, protection of personal and potentially damaging information online is more in need then ever before. Threats are being observed across the world, and often may impact system functionality and business operations. In order to protect the computing systems and ensure flawless execution of activities, Internet security solutions are used. Various methods such as data encryption, firewalls, antivirus, etc. are used for protecting and transferring data over internet. Digital Info Security Company (OTC: DGIF), Internap Corporation (NASDAQ: INAP), Document Security Systems Inc. (NYSEMKT: DSS), Cartesian Inc. (NASDAQ: CRTN), CIBER Inc. (NYSE: CBR)
The report indicates that, "On the basis of products and services the market is segmented into software, hardware and service. Software is the highest revenue-generating segment in 2013 and service segment is anticipated to grow with the highest CAGR during forecast period. Based on technology the global internet security market is segmented into authentication technology, access control technology, content filtering and cryptography, Authentication is the highest revenue-generating segment in 2013. Whereas, encryption technology is projected to grow with the highest CAGR during forecast period. The adoption of encryption technology in internet security is mainly due to the increasing internet crimes. The message, text or confidential information sent in a secure codded format which can be decrypted only by the user who has the key for decrypting it."
Digital Info Security Company (OTC: DGIF) recently announced that, "for Start of New year 2017. This past year was full of many accomplishments that prepare us for a successful 2017.
- A 1 for 40 share reverse was accomplished. This was very important since in the current regulated financial markets the price of shares need to be at least $1 to $2 a share for stock brokers to freely trade DGIF shares. We needed to do this reverse to have any hope of getting to that price or better in the near future. We are also now current in our reporting for OTC pink compliance.
- Merger with Digital 7 and Acquisition of Data Source. With these acquisitions Digital now has revenue and can justify better share prices and is able to raise the funds needed to grow. Data Source business is with the government and is cash intensive and that is why they merged with us at Digital. DSI was founded in 2002 to provide data preservation, protection and efficient user access for legacy tape and optical data storage media. DSI offers systems and services for tape and disk data migration, duplication, and backup for these older media types. Data Source's focus has always been the preservation of electronic data and over the past 12 years has expanded its portfolio to include a complement of services including data center equipment shut down/removal and excess equipment purchasing. These services and other products have been purchased by several DOD/ US Air Force agencies with great success and future purchases are in process.
- Keys that are in place for the rapid growth in the business in already being accomplished including: a) already delivering products and services, b) invoicing for those products and services and c) getting paid for the invoices that have been sent out. We also have the software and systems in place to grow.
- After the share reverse of 40-1 the stock symbol was changed to DGIFD. As of January 31st 2017 it has changed back to DGIF."
Technology provider of high-performance internet infrastructure services, Internap Corporation (NASDAQ: INAP) operates through two segments: Data Center Services segment and Internet Protocol Services segment. It offers hybrid Internet infrastructure services, which enables customers to mix and match cloud, hosting and colocation for the combination of services. It also offers availability across a global network of data centers, and services backed by service level agreements. The Company serves approximately 11,000 customers in various industries, including software and Internet; media and entertainment; business services; healthcare technology infrastructure, and telecommunications. Its Data Center Services segment includes colocation, hosting and cloud services. IP Services segment includes its performance IP service, content delivery network services, IP routing hardware and software platform, and Managed Internet Route Optimizer Controller.
Anti-counterfeiting and authentication solutions company, Document Security Systems Inc. (NYSEMKT: DSS) announced its "AuthentiGuard" anti-counterfeit solution has been selected for worldwide deployment by a U.S. based Fortune Global 500 company. AuthentiGuard combines a secure mark printed on product packaging with a smartphone application so investigators, supply chain personnel, or consumers can validate the authenticity of products. The results of scans performed in the field are saved in a database which the brand then uses to analyze and identify how counterfeit product is compromising the supply chain. With fraud threatening the safety of consumers worldwide, AuthentiGuard allows brands to protect consumers with product authentication while simultaneously building a more comprehensive view of threats to the supply chain so they can deploy resources to remediate problems.
Cartesian Inc. (NASDAQ: CRTN) is a provider of professional services and technical solutions to the communications, digital media and technology sectors. The Company has three segments: the North America segment, the EMEA segment and the Strategic Alliances segment. The North America and EMEA segments include the Company's operational, technology and software consulting services inside of North America and outside of North America, respectively. Both the segments offer management consulting, custom developed software and technical services. The Strategic Alliances segment includes the Company's around the world commercial activities undertaken with third-party service or solutions providers.
Global information technology services company, CIBER Inc. (NYSE: CBR) was acquired by Allgeier SE, one of the leading IT companies for business performance. With this agreement, the company will be able to build on an established presence in Germany and Denmark. "This acquisition reflects our strong commitment to the future of SAP and the value for our customers by bringing Enterprise IT- Services and new SAP technologies together," said Hubert Rohrer, Member of Executive Board of Allgeier SE. "Our interests are completely aligned with Ciber as we transition, support and deliver for our customers."
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