Description: Cyberforensics, the science of finding and securing digital evidence buried deep within company networks, is fast emerging as a global industry.
Date: Nov 23, 2010
Three major players are in the vanguard.PricewaterhouseCoopers has recently hired several former law enforcement agents and prosecutors to supplement its cyberforensic services, which already have 3,000 employees and 55 labs in 37 countries.
Verizon Business — supplier of communications, networking and security technologies to large organizations — has pumped more than $50 million into cyberforensics-related services in the past two years. That includes setting up a state-of-the-art hygienic lab to examine computer circuit boards.
And Stroz Friedberg, a private CSI-like company founded by an ex-FBI agent and an ex-U.S. Attorney, recently received a $115 million investment from private equity firm New Mountain Capital to open new offices across the U.S., Europe and Asia.
Demand for cyberforensics is being driven by “the proliferation and complexity of security issues companies are facing,” says Alok Singh, New Mountain’s managing director. “Issues of data security and integrity are critical for all companies around the world.”
Questions for discussion:
- How does cyber forensics work?
- Is cyber forensics an industry that should be regulated by government?
- How big an industry is cyber forensics?