Cyber-threats set to become top business concern

Kaspersky poll reveals closing gap between economy and malware on list of perceived risks

Tags: Cyber crimeKaspersky LabUnited Arab Emirates
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Cyber-threats set to become top business concern Amongst the top concerns of those polled were intellectual property theft, fraud and industrial espionage.
By  Stephen McBride Published  December 5, 2012

Cyber-threats are predicted to be the number-one perceived risk to businesses within the next two years, according to the latest survey from B2B International in conjunction with Kaspersky Lab.

The survey, involving over 3,300 IT specialists in 22 countries worldwide, found that cyber-threats were viewed as second only to economic uncertainty in terms of current business risk with the gap quickly closing.

Cyber-threats and economic uncertainty are perceived as important future business risks in the GCC. Other increasing IT security risks for organizations, identified for the coming 2 years, and considered amongst the top concerns of organisations surveyed were the theft of intellectual property (17%), fraud (15%) and industrial espionage (19%).

Although such threats existed long before malware emerged, data theft, fraud and industrial spying are all now typically conducted through cyber-attacks.  The picture painted is of an environment under siege, with almost one third of GCC businesses feeling like they are being targeted specifically by cyber-attacks.

For companies, effective protection from current levels of cybercrime means implementing unified security policies across the organisation, as well as building a comprehensive system for the entire IT infrastructure.

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