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
DDoS protection: A broad and multi-faceted approach for financial institutionsWith Distributed Denial of Services (DDoS) attacks becoming more complex and sophisticated, so must any defensive strategy that attempts to fully protect a financial institution, says Arbor Networks. Read More
Frost & Sullivan presents Arbor Networks with 2015 global DDoS Mitigation Market Leadership AwardArbor Networks Inc., the security division of NETSCOUT, has announced that, for the second consecutive year, Frost & Sullivan has awarded the company the Global distributed denial-of-service (DDoS) Mitigation Market Leadership Award. Read More
Cybercrime, the new reality2015 was possibly the year that changed the impact of cybercrime from being “bothersome” to being an “epidemic”, says Networks Unlimited. Read More
Don’t skimp on cyber securityWith cyber risks increasing daily, and threats evolving to evade even the most advanced security measures, executives must avoid skimping when it comes to the IT security budget. Read More
Kaspersky Lab: Social Network Sharing Makes Users an Easy Target for CybercriminalsA Quiz from Kaspersky Lab has found that almost a third (30%) of social network users share their posts, check-ins and other personal info with everybody who is online – not just their friends. Read More
Institute of bankers brainstorms on cyber fraudCyber risks, such as the threat of data theft and fraud, came under discussion at the Botswana Institute of Bankers (BIoB) symposium. Read More
‘Tis the season to be hackedAs retail stores ramp up their online offerings to entice shoppers, companies need to be on guard against ransomware. Read More
IP: Keeping your secret recipe a secretFrom large pharmaceutical organisations to small family-run businesses, all now operate with business critical IP at the core of their operations and need to protect it. Read More
DDoS reality check: It can happen to youThe Distributed Denial of Service (DDoS) threat has changed to one where the attack types are more diverse and nefarious than before. Read More
Kaspersky Lab: 63% of companies affected by internal information security incidents63% of companies have been affected by internal information security incidents, and the largest single cause of confidential data losses are employees, says a new study. Read More
FEATURED STORYViber Spreads Good Vibes in Africa with the introduction of public chats
Viber, one of the leading messaging and calling apps with more than 664 million unique users worldwide, has opened its latest social channel ‘Public Chats’ to partners in Africa and the Middle East.
BEST READ NEWS
IN DEPTHPoised for greater heights – Roshi Motman, AfricaCom CEO of the Year Winner
Roshi Motman is not your average CEO. Since taking up the reins as the first female CEO of Tigo Ghana in 2014, she has led the Tigo brand through a remarkable transformation.
COMPANY NEWSDStv Eutelsat Star Awards winners named
Students from Ghana and Zimbabwe have scooped top honours at 5th edition of DStv Eutelsat Star Awards organised by MultiChoice Africa and Eutelsat.