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Symantec study claims $2 million worth of damage done annually

75% of businesses have suffered cyber-attacks

Over the last year 75 per cent of enterprises suffered some form of cyber attacks, with 36 per cent of those rating the attacks somewhat or highly effective, according to a study from security firm Symantec.

The research, dubbed the Global 2010 State of Enterprise Security study, also found that 29 per cent of enterprises had experiences an increased number of attacks over the last 12 months. The cost of these attacks has been estimated at $2 million.

Apparently, organisations reported that enterprise security is becoming more difficult due to understaffing, new IT initiatives that intensify security issues and IT compliance issues.

“Protecting information today is more challenging than ever,” said Francis deSouza, senior vice president, Enterprise Security, Symantec. “By putting in place a security blueprint that protects their infrastructure and information, enforces IT policies, and manages systems more efficiently, businesses can increase their competitive edge in today’s information-driven world.”

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