One in five IT decision-makers claimed cyber-attacks left no clue to their identity, while 54% said they had faced at least one attack in the past two years that resulted in some sort of disruption, a recent survey has revealed. According to the poll of nearly 2,000 European firms by security firm Kaspersky Lab, disruption caused was in the form of service disruption (31%), data integrity issues (18%) and data loss (15%).
“Locally, businesses remain vulnerable to such disruptions and the need of local companies to beef up their cyber security tools, policies and procedures is an increasingly pressing subject that demands urgent attention,” states Andrew Naudi, Technology Partner at NOUV.
NOUV have in fact partnered with AtoZ Electronics to form KnowBreaches Ltd, a new joint venture that will offer cyber security solutions to the local business community.
Andrew Naudi from NOUV and Marvin Sammut from AtoZ Electronics welcomed the new collaboration aimed at bringing cyber-security services and tools in an increasingly complex environment.
KnowBreaches Ltd will be representing F-Secure, an award-winning company offering a suite of cyber-security products. F-Secure’s solutions, backed by over 30 years of experience, are mostly geared for the business sector with special focus on rapid detection and prevention of cyber-attacks.
“Cyber-crime can be extremely costly and can jeopardize the relationship between your company and your customers. Cyber-crime can impact businesses more than just financially. In recent years, companies have been forced to rethink how information is collected and stored due to regulatory requirements, essentially ensuring that such information isn’t vulnerable. Some organizations have also stopped storing customers’ financial or personal information, such as credit card numbers, social security numbers and birth dates while other companies have shut down their online stores out of concern that they cannot adequately protect against cyber-theft,” added Marvin Sammut, Director of KnowBreaches Ltd.
According to Kaspersky’s poll held earlier this year, 64% of respondents confirmed that they had been hit by cyber-attacks in the past two years including larger companies traditionally having bigger IT budgets than small businesses, and consequently suffering disruption. More alarmingly, 45% of small to medium-sized businesses were also attacked at some point, and these attacks are on the increase. In fact, one in five respondents (21%) said that the number of cyber-attacks on their business had increased in the past 12 months when compared to the previous year.
Any company, whatever size or industry, could be a target for a cyber-attack, hence investing time and resources into cyber-security products and services is today an essential activity that can help guarantee tranquil nights to business owners.
