Software Company Safeguards Internet Users
So there you are, it's 5 minutes before the market opens. You're a
bout to fire up the ole computer and more importantly your trusty trading program to cash in on the hot stock just featured on CNBC. But, all of the sudden something is wrong, very, very, wrong. Not only can you not log on to E-Trade, if you do get the machine going at all after a number of re-starts, the damn thing won't run without the presence of million and one pop up windows portraying images that can't even be mentioned in this periodical.
"Spyware has quickly evolved from an online nuisance to one of the most dire threats facing the Internet. As users struggle to maintain control over their computers, many find themselves trapped in a cyclical battle against programs that install themselves without warning, open dangerous security holes and reinstall themselves after they've been uninstalled. The worst of these programs allow online criminals to hijack users' sensitive personal information at will. Even the most benign variants can slow computers to a crawl by wasting their processing power to provide unwanted "services." Compounding the problem are the sophisticated ploys spyware developers use to install their programs on unsuspecting users' computers. Spyware distributors often rely on security holes, clever cons, opaque "bundling" arrangements and other unsavory practices to spread their unwanted payload. As the threat has grown, so has the need to mount a coordinated defense against these unwanted programs and their adverse effects."
About the Company:
bout to fire up the ole computer and more importantly your trusty trading program to cash in on the hot stock just featured on CNBC. But, all of the sudden something is wrong, very, very, wrong. Not only can you not log on to E-Trade, if you do get the machine going at all after a number of re-starts, the damn thing won't run without the presence of million and one pop up windows portraying images that can't even be mentioned in this periodical.
This has happened to me many more times than I care to admit. What I chalked up years ago as a direct result of college buddies hijacking my computer for travel into the sleaziest regions of the world-wide-web, I now know is simply the result of not protecting your computer, even if you keep your web surfing PG. Luckily, one of our new favorites for the Summer and beyond, Enigma Software Group Inc. (OTCBB: ENGM) has developed some very affordable, web-based software that is helping people like ourselves make Spyware and Adware a thing of the past.
A quick look at the Enigma website (www.enigmasoftware.com) provided me with some very promising information as well as a few things that raised an eyebrow. All in all, it appears that the positives far outweigh the negatives here, although we definitely have a high-risk/high-reward situation on our hands. Take a look at the chart above exhibiting subscriber growth over the past 12 months. Enigma's core product, SpyHunter, is earning its keep as an emerging solution for the estimated two-thirds of today's computers with some form of Spyware (IDC). Think Spyware isn't that big of a problem? The Anti- Spyware Coalition begs to differ. Here's their take on the situation:
"Spyware has quickly evolved from an online nuisance to one of the most dire threats facing the Internet. As users struggle to maintain control over their computers, many find themselves trapped in a cyclical battle against programs that install themselves without warning, open dangerous security holes and reinstall themselves after they've been uninstalled. The worst of these programs allow online criminals to hijack users' sensitive personal information at will. Even the most benign variants can slow computers to a crawl by wasting their processing power to provide unwanted "services." Compounding the problem are the sophisticated ploys spyware developers use to install their programs on unsuspecting users' computers. Spyware distributors often rely on security holes, clever cons, opaque "bundling" arrangements and other unsavory practices to spread their unwanted payload. As the threat has grown, so has the need to mount a coordinated defense against these unwanted programs and their adverse effects."
In future editions, we'll discuss in greater detail the huge upside potential we see in Enigma Software as well as the company's opportunities for future expansion. Until then, we suggest doing a little bit of homework and seriously contemplating making ENGM a part of your speculative portfolio.
About the Company:
Enigma Software Group, Inc. ("Enigma") (OTC BB ENGM) is a Connecticut based developer of software and Internet-based systems. The company develops and markets consumer products that enhance internet privacy; addressing issues such as Spyware, Adware, Phishing and Identity Theft over the Internet. Enigma is known mostly for SpyHunter, its Anti-Spyware software. SpyHunter scans and removes Adware and Spyware, which can be placed on a computer without the owner's knowledge. SpyHunter is marketed exclusively over the internet and can be purchased for immediate download for $29.99. For an additional $14.95 a SpyHunter CD can also be purchased. SpyHunter's database is updated regularly and is a fully supported product.
Labels: Engima Software Group Inc., ENGM, Enigma Software
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