Loss Of Data And Cyber-Attacks Now Top Business Risks For SMBs
KUALA LUMPUR, July 22 (Bernama) -- Loss of data and cyber-attacks have been identified as top business risks for small and medium businesses (SMBs), according to a survey by Symantec Corp.
This came ahead of traditional criminal activity, natural disasters and terrorism, said Symantec's country manager for Malaysia, Alex Wong.
The survey showed that the average SMB worldwide was spending US$51,000 a year to protect their information, he told Bernama on Thursday.
Wong said the survey, carried out from May to June 2010, involved 2,152 SMBs worldwide, with 1,000 of them from the Asia Pacific and Japan, including Malaysia.
"It also revealed that the annual cost of cyber-attacks in the Asia Pacific and Japan was US$152,266 while US$12,500 was the average spent by SMBs in the region on information protection annually," he said.
The survey classified small businesses as those having between 10 and 99 employers and medium businesses as those with 100 to 499 employees.
Symantec is the world's leading provider of computer security software.
Its principal consultant for Asia South region, Nigel Tan, said SMBs needed comprehensive solutions that could be easily deployed and managed while providing the highest level of protection.
"Symantec is giving SMB customers more choices for protecting their growing business with hosted options for e-mail and web security, and new lower pricing for the Symantec Protection Suite," he said.
To complete the protection for growing businesses, Symantec offers the Advanced Business Edition, Enterprise Edition and Small Business Edition of its Symantec Protection Suite product.
| « MIDA To Organise Seminar On Food Processing Industry | | | Strong SMEs Are A Safety Net For External Shocks » |
