Organizations Suffer Business Disruption Due to Malware

A study found that almost half of companies suffer break down in their business activities after a malware attack. Almost half of organizations around the world have suffered some form of disruption in their businesses as a result of malware, according to recent findings. ITPRO published this on April 3, 2007.

The latest report entitled 'State of Internet Security' that IT Security Company Webroot Software prepared reveals that organizations are resorting to helpdesks and spending more for the same to fight the malware flood they are facing.

Malicious programs is a growing concern to companies, according to security systems firm, Webroot Software but even then three in five businesses do not have any specific plan on information security.

This raises a serious concern that computer viruses could hit many organizations and they would lose precious time and money in trying to cope with disruptions in the absence of arrangements to carry on with business.

According to the report, 40% of companies reported considerable business losses due to different spyware problems. Further 26% of organizations had their confidential information compromised also due to spyware.

Peter Watkins, chief executive of Webroot indicated from a report by the Small Business Technology Institute that 67% of business enterprises did not own an information security plan, and many merely made security decisions after a damaging incident on their information.

Watkins said that Webroot's research showed that the infection methods that sometime ago were regarded as highly advanced had now become commonplace. This demonstrated the speed at which today's threats were turning into a worldwide security concern. Onestopclick published this on April 3, 2007.

Alarmingly, more than one fourth of the respondents in the survey said a spyware attack resulted in loss of their confidential information. That further reiterates the need to apply strong security programs and 'business continuity arrangements'.

What follows from this research is that businesses across the globe were operating but not with confirmed security. Since unprotected users can create an impact on corporate revenue and good name, therefore enterprises should give top priority to proactive security, Watkins said and ITPRO reported on April 3, 2007.

Related article: Organizations Integrating IT Security into Business Agenda

» SPAMfighter News - 4/11/2007