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Malware Attacks, Routine Expense of Businesses

According to data just gathered, cyber-criminals are getting increasingly advanced, forceful and targeted, posing a severe challenge to organizations of every scale in effectively safeguarding their networks, data and employees; however, it appears as though enterprises have accepted cyber-crime as another routine of life, published MarketWire in news on June 29, 2011.

Reportedly, during a fresh poll that M86 Security along with Osterman conducted, the companies found 49% of responding firms admitting the occurrences of security breaches; however, letting them to be an expense of business. Titled "The Global malware Problem: Complacency Can Be Costly," the survey revealed that there was a continuous increase in malware problems, as 27% of those surveyed said that during the last twelve months they found malware problems to escalate, while 64% of respondents stated that no change had occurred.

Additionally, 70% of responding companies stated that a standard assault on them would entail an overwhelming financial effect, with 25% calculating that just one assault would mean an over $10,000 in expense to their organizations. In particular, 82% of enterprises offering financial services said that their financial aspect was affected owing to a direct assault through malware.

Another remarkable observation was that despite an increased amount of confidence among responding organizations in their security systems for software and computer networks, they still suffered a high level of anxiety regarding infection from malware as well as leakage of data. Furthermore, 77% of respondents were worried or immensely worried regarding malware infiltration through the Web, while 66% were worried/immensely worried regarding malware infiltration via e-mail.

Said President of Osterman Research Michael Osterman, the surprising aspect was the business organizations' level of complacency, which was frequently because of inadequate information or budget, even amidst personnel looking after the safety of data like intellectual property and customer information, given that recent cyber-assaults were complex and widespread. MarketWire published this.

Finally, the study as well encompasses information regarding the sources from where online assaults originate, the direct as well as indirect expenses accrued from assaults along with remediation expenses, and businesses' anxiety over large-scale utilization of removable gadgets and interactions on social websites.

Related article: Malware Authors Turn More Insidious

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