Feeds

Businesses failing to recognise cybercrime dangers

IT security not a high enough priority

  • alert
  • submit to reddit

Top 5 reasons to deploy VMware with Tegile

Small businesses are still failing to recognise the dangers of cybercrime, according to new research.

A report, by Bibby Financial Services, reveals that small business owners are leaving themselves exposed to computer viruses and hackers, and risking major disruption to their daily operations.

Despite the fact that small businesses are willing to embrace new technologies (78 per cent now have Internet access), 12 per cent of respondents still have no anti-virus software in place to protect valuable data.

This is in spite of the fact that 43 per cent of the country's small firms have been affected by a computer virus at some time.

Increasing cases of cybercrime costs European business £14.7bn to clean up and recover, while virus outbreaks can cost businesses an average of 5000 to resolve.

David Robertson, chief executive at Bibby, said: "It is disappointing that while small firms are willing to invest in new technology, a significant minority are still unaware of how vulnerable access to the internet can leave them.

"This year has seen more viruses than ever before and they are becoming increasingly severe. Purchasing the latest state-of-the-art laptop or connecting to broadband is not enough, business owners and managers need to put IT security at the top of their business agenda."

Copyright © 2004, Startups.co.uk logo

Related stories

Tektrol's worst case scenario
Online extortion works
Gimme clean bandwidth

Beginner's guide to SSL certificates

More from The Register

next story
Facebook pays INFINITELY MORE UK corp tax than in 2012
Thanks for the £3k, Zuck. Doh! you're IN CREDIT. Guess not
DOUBLE BONK: Testy fanbois catch Apple Pay picking pockets
Users wail as tapcash transactions are duplicated
Happiness economics is bollocks. Oh, UK.gov just adopted it? Er ...
Opportunity doesn't knock; it costs us instead
Google Glassholes are UNDATEABLE – HP exec
You need an emotional connection, says touchy-feely MD... We can do that
YARR! Pirates walk the plank: DMCA magnets sink in Google results
Spaffing copyrighted stuff over the web? No search ranking for you
prev story

Whitepapers

Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
New hybrid storage solutions
Tackling data challenges through emerging hybrid storage solutions that enable optimum database performance whilst managing costs and increasingly large data stores.