CA Pours More Cash Into Data Security

Stock quotes in this article: CA , SYMC , WBSN , CSCO , MFE  

To qualify for the Deloitte list, companies must have had operating revenues of at least $50,000 in 2003 and $5,000,000 in 2007, so the startup's software is clearly gaining traction. Founded in 2000, the New York City-based firm has more than 500 customers, which include investment banking firmScott & Stringfellow and Raymond James Financial. Orchestria recently claimed revenue growth of 2,600% between 2003 and 2007.

In addition to the recent upheaval in the U.S. financial markets, tech companies are also eyeing opportunities for their DLP products overseas. The U.K. government, for example, suffered an embarrassing data breach a little over a year ago when the country's tax agency lost disks containing the personal details of some 25 million people, which is almost half of the entire U.K. population.

With the media desperate to fix their spotlight on any organization that loses sensitive customer or client data, companies such as CA, Symantec and McAfee have clearly identified DLP software as a strong revenue stream for the coming years.

"Data breaches are embarrassing, painful and costly -- no matter where your organization resides," wrote Thomas Raschke, an analyst at technology research firm Forrester, in a note last year. "Enterprises risk losing customer confidence, reputation and shareholder value, and the impact of an extensive leak of corporate data could result in losses of similarly epic proportions for their business."

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