专家猜测网络安全产业泡沫正在形成.pptx

Cybersecurity has gotten big – real big. Crime involving computers and networks has cost the world economy more than $445 billion annually, according to a June 2014 report by the Center for Strategic and International Studies. Increasingly, hackers have grown more sophisticated targeting major corp orations from retailers Target TGT 0.74% andNeiman Marcus to financial juggernaut JP Morgan JPM 0.97% and technology leaders eBay EBAY 0.12% , Snapcha t and Adobe ADBE -0.12% , and countless others. 网络安全已经发展成了一个非常庞大的产业。据美国战略与国际研究中心（Center for Strategic and International Studies）2014年6月的一份报告显示，全球每年花在防 范计算机与网络犯罪上的投入高达4450亿美元。黑客技术的发展也日新月益，而且黑客们也越来越把目标瞄向一些全球知名企业，比如零售业的塔吉特（Target）和尼曼（Neiman）、金融巨头摩根大通（JP Morgan）、科技巨擘eBay、Snapchat、Adobe，以及无数其他公司。 The thre ats are indeed real and escalating for many corporations, but it’s worth asking if the fears are overplayed and if a cybersecurity bubble is brewing? For the past two years, consumer curiosity and fear,often unjustified, has fueled mainstream media coverage of cybersecurity breaches causing more fea r and more coverage, resulting in hype. Many investors looking to speculate on the next big thing have been buying into the industry with little regar d for sound financial metrics such as the industry’s total addressable market, its reasonable growth rate, and each vendor’s slice of the overall pie. 网络安全威胁对很多企业来说无疑是真实存在的，而且风险还在逐年上升。但是我们有必要问一句，人们对网络安全的担心是否有些过头了？眼下是否确实有一个网络安全泡沫正在发酵？过去两年里，经常有一些未经证实的案例吸引了消费者的好奇和恐慌，同时也导致主流媒体加大了对网络安全泄密事件的报道力度，从而引起了更多人的 恐慌。随之而来的是更多的报道，将网络安全的威胁渲染到了无以复加的地步。很多希望通过发现“下一个大事件”而发一笔横财的投资人还没有慎重考察这个行业的基本财务指标（比如行业的总体目标市场、合理增长率和每个厂商能分得的市场份额等），就匆忙跳进了这个行业。 Investors have been too e nthusiastic, and as a result, the shares of cybersecurity companies are overpriced. Overinvestment has been rampant in both the public and private mar kets. In the public market, thecorrection is already underway. FireEye FEYE -0.81% , the current poster-child of public cybersecurity pure plays is cu rrently valued at $5.2 billion, down