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Digital Forensics Leader AccessData Cites Industry Report Underscoring Dramatic Rise in Forensics Service Demand - Exponential increase in amount of electronically stored information (ESI) is driving - global need; forensics becoming an integral part of enterprise security, says Accessdata - AccessData.com
Digital Forensics Leader AccessData Cites Industry Report Underscoring Dramatic Rise in Forensics Service Demand

 

PRZOOM - /newswire/ - Lindon, UT, United States, 2012/03/14 - Exponential increase in amount of electronically stored information (ESI) is driving - global need; forensics becoming an integral part of enterprise security, says Accessdata - AccessData.com.

   
 
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On the heels of an industry report detailing a nearly 14% annualized increase in demand for digital forensics services over the past five years, AccessData Group, one of the largest computer forensic technology companies in the U.S., today affirmed the unprecedented growth in digital forensics as a key component of enterprise security. Digital forensics, the company states, must play a critical role as part of an organization’s overall security plan.

Last week IBISWorld issued its 2012 "Digital Forensics Services in the US: Market Research Report". The study estimates that from 2007 through 2012, revenue for the digital forensics industry grew at an annualized rate of 13.7% to $878.0 million. "An increasing amount of ESI [electronically stored information] is expected to contribute to [industry] revenue growth of 9.2% in 2012," according to materials accompanying the report.

IBISWorld also projects that Digital Forensics Services industry revenues will continue to increase over the next five years. The report states that growth will be fueled by the huge increase in households with at least one computer, as well as the number of mobile Internet connections in the US—a number that will increase 28.8% to 155.6 million in 2012.
"The advent of cloud computing and a wider array of smart mobile devices, combined with the huge upswing in social media, has made digital forensics indispensible not only for those in the legal field, but also for employers concerned about vulnerabilities both inside and outside their walls," said Brian Karney, president and COO of AccessData. "At AccessData we’ve concentrated our efforts on helping our customers quickly and accurately investigate matters involving digital data of any kind."

To give forensics examiners access to more advanced incident response and remote investigative capabilities, AccessData recently unveiled its Mobile Phone Examiner Plus (MPE+) v4.6, the latest version of its industry-leading mobile forensics application. MPE+ is now offered on a preconfigured 10.1″ touch tablet for instant onsite triage of mobile devices. MPE+ v4.6 provides unprecedented support for iOS products as well as more than 3,500+ other mobile devices. These capabilities let examiners investigate a handheld device on scene, thereby reducing the typical investigation sequence and drastically increasing response times.

According to IBISWorld’s report, AccessData is a "significant player" within the Digital Forensics Services industry. "Over the next five years, market share concentration is anticipated to increase (at the top end of the market) as digital forensic services firms grow....," IBISWorld states.

To learn more about AccessData® MPE+ and its other advanced forensic products, go to accessdata.com. For more about IBISWorld’s "Digital Forensics Services in the US: Market Research Report, log on.

About AccessData Group
AccessData Group (accessdata.com) has pioneered digital investigations and litigation support for more than 20 years and is the maker of FTK®, SilentRunner, Summation and the CIRT security framework. Over that time, the company has grown to provide a family of stand-alone and enterprise-class solutions that enable digital investigations of any kind, including computer forensics, incident response, e-discovery, legal review, compliance auditing and information assurance. More than 100,000 users in law enforcement, government agencies, corporations and law firms around the world rely on AccessData software solutions and its premier digital investigations and hosted review services. AccessData Group is also a leading provider of digital forensics and litigation support training and certification.

 
 
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Digital Forensics Leader AccessData Cites Industry Report Underscoring Dramatic Rise in Forensics Service Demand

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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any AccessData Group securities in any jurisdiction including any other companies listed or named in this release.

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