This is especially true considering the popularity of more powerful mobile computing devices and new technologies such as cloud computing and voice over Internet protocol (VoIP).
New analysis from Frost & Sullivan (networksecurity.frost.com), World Vulnerability Research Tracker CY-2009, finds that the market reported 308 vulnerabilities in 2009 – a slight decline from the 422 vulnerabilities reported in 2008. Despite this drop, the number of reported vulnerabilities increased each quarter and is expected to increase steadily in the future.
If you are interested in more information on this study, please send an email to Jake Wengroff, Corporate Communications, at jake.wengroff[.]frost.com, with your full name, company name, title, telephone number, company email address, company website, city, state and country.
In 2009, companies invested considerably in vulnerability research despite the challenges faced during the economic downturn. This trend will continue as established researchers become more proficient, and as both customers and software vendors realize the value of vulnerability intelligence services.
"New software and technology empowers users and improves productivity," says Frost & Sullivan Research Analyst Chris Rodriguez. "Unfortunately, it can also expose users to cyber attacks."
Organizations with contributor compensation programs are attracting large numbers of researchers with offers of financial rewards. As demonstrated by the sudden rise of new entrants, contributor compensation programs can lower entry barriers and encourage individual researchers to make a more valuable impact on the state of security.
"The vendors that have supplemented their research abilities through bug bounty programs have been the top reporters of original vulnerability data in recent years," observes Rodriguez. "Improper reporting processes can provide hackers with an advantage, and researchers may not get due credit if they wait too long."
For now, this industry will deal with several polarized points of debate and will not completely tap into its growth potential.
World Vulnerability Research Tracker CY-2009 is part of the Network Security Growth Partnership Services program, which also includes research in the following markets: Network, Software, and Host based IDS/IPS, Vulnerability Management, Unified Threat Management (UTM), and Network Access Control. All research services included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants.
About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best-practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from 40 offices on six continents.
World Vulnerability Research Tracker CY-2009 / N7B3