Most companies had external attack in past year

SECURITY

|
Image: By BizTechAfrica
Most companies had external attack in past year

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.



Share the News

Get Daily Newsletter

comments powered by Disqus

MORE SECURITY NEWS

Cyber security gets topical during ICT pitso

Delegates at Botswana's annual ICT Pitso in Gaborone have agreed there is a need to develop Comprehensive National Cybersecurity Strategies, create cybersecurity awareness and build capacity to address cybercrime. Read More

Frost & Sullivan honours DERMALOG with biometrics prize

Frost & Sullivan has awarded Germany’s largest biometrics manufacturer DERMALOG and its customized solutions and products for Africa with the 2015 African Biometrics Company of the Year Award. Read More

Chams urges insurers to embrace IT to grow business

Indigenous IT firm Chams Plc has urged Chief Executive Officers of risk-bearing companies struggling to make appreciable inroads into the rural communities of Nigeria to look in the direction of deploying IT tools. Read More

2nd Cyber conference set for October

The African Cyber Risk Institute (ACRI) will host its 2nd Annual African Cyber Conference on Thursday, October 8, 2015 at Cresta Lodge Hotel in Gaborone.  Read More

Consumers suffering from ‘digital amnesia’

Kaspersky Lab says growing numbers of consumers struggle to recall memories trusted to connected devices. Read More

Information Security: The biggest barrier to the Internet of Things

Trust is critical for IoT to achieve its potential, especially in terms of its adoption by the mass market, says Gemalto. Read More

Kaspersky Lab, Gabonese Government to Cooperate on IT Security

Kaspersky Lab has signed a memorandum of understanding with the National Agency of Digital Infrastructures and Frequencies (ANINF) in Libreville, Gabon.  Read More

The importance of password security

Many users assume their passwords are of no value to cyber criminals, says Kaspersky Lab. Read More

MTN Business expands partnership with Samsung to offer enterprise customers increased security

Samsung Electronics South Africa has announced that MTN Business has been appointed as a reseller of Samsung’s KNOX licenses to its customers.  Read More

Ghanaian to moderate Council of Europe Conference on Cybercrime

A Ghanaian cyber security expert, Albert Antwi-Boasiako, has been selected by the Council of Europe to moderate a session at its Cooperation against Cybercrime - Octopus Conference in Strasbourg, France. Read More

PRESS OFFICES

Sage ERP AfricaSAP AfricaSage Pastel AccountingTrust PayVMWareSamsung ElectronicsMitsumi DistributionPhoenix DistributionMTN BusinessSchneider ElectricMultichoiceMicrosoft 4Afrika

FEATURED STORY

Young innovators shine during pitch sessionsYoung innovators shine during pitch sessions

Botswana saw an array of upcoming tech wizards selling their ideas during the Vendors’ Day pitch sessions this week.

IN DEPTH

High tech homes: Just press playHigh tech homes: Just press play

High tech, digital homes where everything is automated and connected aren’t the stuff of science fiction any longer, says BNC Technology.