Eset grows 58% in Latin America in 2009-11

Tuesday, November 22, 2011

Slovakian antivirus and security software developer Eset grew 58% in Latin America during 2009-11, exceeding the company's expectations, executives were quoted as saying by media outlet TyN Magazine.

Latin America represents about 6% of Eset's global sales, surpassing the 2-4% previously estimated.

The installation rate of Eset products puts the company in the top spot in Mexico, Argentina, Peru and Chile, and in second place in Colombia, according to Eset.

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Eset launched a new business unit last week, Eset Security Services, which will focus on the corporate sector.

After an initial period of development in Argentina, the company expects to expand the new unit to the rest of Latin America, Eset said on its Latin American corporate blog.

The new services unit was launched in alliance with Argentina's IT security consultancy Root Secure and IT security solutions provider SIClabs.

Regarding security threats, Eset's awareness & research coordinator Sebastian Bortnik said the company foresees an increased migration of malicious codes to mobile phones, with Android being the most attacked platform.

Additionally, next year Latin America is expected to see more locally developed attacks, particularly banking trojans, social network and hacktivist attacks.