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Last updated on April 20, 2014 at 8:28 EDT

Forty-Four Percent of US SMBs Admit to Falling Victim to Cybercrime, According to Latest Panda Security Survey

July 24, 2009

GLENDALE, Calif., July 24 /PRNewswire/ — Panda Security, the Cloud Security Company, today announced its worldwide barometer on the status of security at small and medium-sized businesses (SMBs)(1). According to the study, which surveyed 5,760 companies worldwide, 44 percent of the more than 1,400 US respondents have recently been infected by Internet threats. Worldwide, 58 percent were affected, with Brazil showing the highest infection rate at 86 percent. Only 8 percent of SMBs in Germany reported infections.

US SMBs cited that, of any threat, viruses affected their companies the most, at 41 percent, and they ranked spyware second, at 26 percent. Worldwide, viruses also ranked first, with 55 percent of respondents naming them the most potent threat to their businesses. Ten percent of SMBs in the US were affected to the point of having to stop production, with a worldwide average of 30 percent.

While 97 percent of US SMBs surveyed have installed antivirus and 95 percent claim their security systems are up to date, many SMBs still lack common security protection. Twenty-nine percent of respondents disclosed they have no antispam in place, 22 percent no antispyware and 16 percent no firewall. In addition, 52 percent of SMBs said they lacked any Web filtering solution. Of those US SMBs without any security systems in place, 27 percent cited they have not implemented them because they aren’t important or necessary, and 20 percent because they are expensive.

“Despite strong efforts in the US to educate businesses about the importance of computer security, a staggering number of small and medium-sized businesses have become victims of cybercrime,” said Luis Corrons, PandaLabs Technical Director. “It is especially alarming to see so many businesses fail to adopt the most basic security measures, such as anti-spam and firewall solutions.”

Panda Security’s SMB solutions provide innovative and affordable technologies that can combat all types of threats in all network layers for companies of all sizes. Recognizing that small and medium-sized businesses have limited in-house resources and budgets for IT security, Panda’s products utilize its proven cloud computing and security-as-a-service capabilities to minimize investments in overall management and IT infrastructure. To learn more about Panda’s full set of security solutions for SMBs, please visit http://www.pandasecurity.com/usa/enterprise/.

About Panda Security

Founded in 1990, Panda Security is the world’s leading provider of cloud-based security solutions with products available in more than 23 languages and millions of users located in 195 countries around the world. Panda Security was the first IT security company to harness the power of cloud computing with its Collective Intelligence technology. This innovative security model can automatically analyze and classify thousands of new malware samples per day, guaranteeing corporate customers and home users the most effective protection against Internet threats with minimum impact on PC performance. Panda Security has 56 offices throughout the globe with US headquarters in California and European headquarters in Spain. For more information, log on to http://www.pandasecurity.com/.

(1) Survey conducted by Panda Security between December 2008 and May 2009 among non-users of Panda solutions.

The survey universe consisted of companies with 1 to 400 computers.

The sample size and distribution was 5,760 companies around the world.

The survey was conducted in the following countries and regions: Spain, USA, Latin America, China, Germany, Benelux, France, United Kingdom, Italy, Portugal, Russia, Brazil, Canada, Greece, Switzerland, Austria.

The surveys were carried out online, through prior invitation via e-mail.

Sample error: Sampling error calculation has been based on p=q=0.5 for a confidence level of 95%.

SOURCE Panda Security


Source: newswire