Most companies had external attack in past year
SECURITY| June 22, 2011, 11:38 a.m.
Kaspersky Lab reports that 91% of companies had at least one IT security event from an external source in the past 12 months.
This is just one of the results of the ‘ Global IT Security Risks’ survey conducted by Kaspersky Lab in partnership with B2B International, a global research agency.
More than 1 300 IT professionals in 11 countries participated in the survey.
The most common security threat comes in the form of viruses, spyware and other malicious programs. 31% of malware attacks resulted in some form of data loss, with 10% of companies reporting the loss of sensitive business data.
Only 70% of companies have implemented anti-malware protection solutions fully across their businesses whereby 3% have no protection at all.
The level of anti-malware implementation varies from country to country - in emerging markets 65% of companies have adopted it, while in the UK and US levels of implementation stood at 92% and 82% respectively.
Despite this, the vast majority of companies still experienced an IT security breach in the last 12 months, and almost a third lost business information.
“ Such an attitude is surprising when you know that almost half of all organisations see cyber-threats as one of the top-three emerging risks - IT strategy is ranked even higher than financial, marketing and human resources strategy,” said Alexander Erofeev, Director of Market Intelligence & Insight at Kaspersky Lab.
“ The most likely explanation is underinvestment in IT security.” Indeed, the study shows that every second company evaluates its IT security budget as insufficient, and estimates that an increase of 25% or more is required. Currently, the average investment in IT security is reported to be USD8,055 for small businesses, USD83,200 for medium-sized companies and USD3,263,476 for large corporations.
MORE SECURITY NEWS
Regin: a malicious platform capable of spying on GSM networksKaspersky Lab’s Global Research and Analysis Team has published its research on Regin – the first cyber-attack platform known to penetrate and monitor GSM networks in addition to other “standard” spying tasks. Read More
Security a top priority as Africa moves to LTESecuring the network is a top priority for telcos and carriers as LTE becomes increasingly mainstream across Africa, says Fortinet. Read More
Barclays ropes in ICT taskforce in anti-fraud warBarclays Bank of Botswana (BBB) has roped in experts in the field of Information Technology and cybercrime to give weight to its annual fraud awareness month. Read More
Kaspersky Lab: Most businesses use third-party services to manage virtualisationLess than one-third of businesses keep their virtualisation servers on-premises and managed entirely by their own internal IT staff, according to a Kaspersky Lab survey of 3,900 IT professionals worldwide. Read More
Cisco: Employee complacency increases riskResearch released by Cisco shows that critical company data is at risk in South Africa as a result of organisations focusing IT security policies and resources more on external threats and not enough on the threat from within. Read More
Cyber security workshop set for WednesdayThe African Cyber Risk institute (ACRI) will host a cyber security conference in Gaborone on the 29th of October. Read More
Kaspersky Lab: Ebola hook in “Nigerian” spamIn September spammers produced topical new versions of the old “Nigerian Letter” scam, this time based on the Ebola virus. Read More
Cisco warns of unprecedented growth of malicious trafficThreats designed to take advantage of users’ trust in systems, applications and personal networks have reached startling levels, a new report by Cisco reveals. Read More
Users cover webcams due to spying fearsKaspersky Lab research has found a large proportion of computer users cover up their webcams for fear of being spied on. Read More
FEATURED STORYGSMA: half a billion mobile subscribers in SSA by 2020
The number of unique mobile subscribers in Sub-Saharan Africa will pass the half billion mark in 2020, says a new GSMA report.
BEST READ NEWS
IN DEPTHAfrica lags on digital migration
Only three African countries have so far completed the digital migration process, and serious issues are hampering the migration in other nations.
COMPANY NEWSLeading through volatility in Africa
For the businesses that are prepared to face the storm and manage the volatility afflicting the continent, there are still huge rewards to be had from doing business ...