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

Search News

comments powered by Disqus

MORE SECURITY NEWS

Enhancing your security posture to fight new ransomware threats

Petya ransomware is proving to be one of the top cybersecurity stories of 2016.  Read More

Arbor stops malware in its tracks

There is always a substantial amount of banking trojan activity taking place, however, recent developments have intensified the threat landscape.  Read More

Networks Unlimited certifies Fortinet partners in East Africa

Value-added distributor, Networks Unlimited is intensifying its footprint in East Africa, training its partners and customers in the region to become certified. Read More

Understanding the risk and cost of a DDoS attack

Thw Arbor Networks white paper, The business value of DDoS protections, says a continuing and growing threat to service availability is distributed denial of service (DDoS) attacks.  Read More

Addressing the threat of cyber-crime in the digital era

Globally-connected cyber-attacks require globally connected and seamlessly integrated cyber defences. Read More

DDoS attacks: An operational risk that should be included in enterprise risk assessments

Today’s enterprises are increasingly motivated to formalise their IT security and place it firmly within the context of their enterprise risk management and business continuity planning.  Read More

Arbor Networks report finds relentless threat environment

Arbor Networks Inc., the security division of NETSCOUT (NASDAQ: NTCT), has released its 11th Annual Worldwide Infrastructure Security Report (WISR) offering direct insights from the global operational security community on a comprehensive range of issues. Read More

No More Excuses – Time to Get a Grip on Your Cloud Security

Newfound optimism for the cloud inevitably means more critical and sensitive data is put into cloud services. And that means security is going to become a massive issue, says Intel.  Read More

RSA research reveals blind spots in threat detection

RSA, The Security Division of EMC, has released the results of a new Threat Detection Effectiveness Survey. Read More

Banking security in Africa reaching a tipping point

Entersekt CEO Schalk Nolte looks at the growing security risks for banks and financial institutions in Africa and explains why complacency is no longer an option.   Read More

PRESS OFFICES

Sage EnterpriseSAP AfricaTrust PayVMWareSamsung ElectronicsMitsumi DistributionPhoenix DistributionMTN BusinessSchneider ElectricMultichoiceMicrosoft 4AfrikaNetworks UnlimitedArbor Networks

FEATURED STORY

Government should encourage youths in ICT earlyGovernment should encourage youths in ICT early

Youths should be given more encouragement to develop their ICT skills, an 11-year-old app developer told Kokumo Goodie.

IN DEPTH

IBM Opens First Cloud Data Centre in South AfricaIBM Opens First Cloud Data Centre in South Africa

IBM is opening a new IBM Cloud Data Centre in Johannesburg, South Africa. The new cloud center is the result of a close collaboration with Gijima and Vodacom and is designed to support cloud adoption and customer demand across the continent.  

COMPANY NEWS

Enhancing your security posture to fight new ransomware threats

Petya ransomware is proving to be one of the top cybersecurity stories of 2016. 

Arbor stops malware in its tracks

There is always a substantial amount of banking trojan activity taking place, however, recent developments have intensified the threat landscape.