NEW YORK ( TheStreet) -- Cyber security investors don't get too excited. Despite all the hype, the recent malware threat may fail to boost Symantec (SYMC), AVG Technologies (AVG) or Intel Corporation's (INTC) McAfee, according to experts.
The FBI estimated only 64,000 computers nationwide were affected by the DNSChanger incident, which raised consciousness about malware protection, said Roger L. Kay, founder and president of Endpoint Technologies Associates. However, the "trading play is relatively limited," he said.
Graham Cluley, senior technology consultant at antivirus specialist Sophos, was also unconvinced there will be a bump in sales for companies selling security software. "I don't think that this specific incident would result in more people going out and buying software," he said.
"The FBI and other awareness campaigns have reduced the number of people that would be affected by this considerably," Cluley added.Kay said many antivirus functions will be integrated into operating systems offered by Microsoft (MSFT), Google (GOOG), Apple (AAPL) because now malware is designed to get under the radar of traditional antivirus software by planting "a beach-head that's small, lightweight and low-profile and rapidly proliferates." The new malware infects peoples' computers when they click on malicious links and redirects browsers to harmful sites. "The bad guys are relying on human engineering rather than product engineering," Kay said to explain how sophisticated cyber criminals are designing emails that recipients inherently trust. "And that's because the companies have gotten better and better at patching the holes." --Written by Nathalie Pierrepont in New York. >To submit a news tip, send an email to: email@example.com. Check out our new tech blog, Tech Trends. Follow TheStreet Tech on your wireless devices. >Contact by Email. Follow @nrpierrepont
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV