Security, More Important than Recession
According to recently released data, US mid-sized companies are more concerned about information security than cutting down costs. The survey conducted by Arrow Electronics Inc collected data from 200 US companies with annual revenues from less than $ 100 million to over 1 billion. 80% identified security as a top business issue, while only 60% referred to cost reduction and 64% target improving their customer service.
Although they admit IT security is of utmost importance, few are satisfied with the level of security already implemented in their mid-sized businesses. Only 32 percent of respondents said their company is properly handling all threats. That leaves 68% of companies concerned, yet highly vulnerable.
Yet the 32% might also be quite vulnerable to all kinds of threats, as shown by David Vellante, co-founder and principal contributor of the Wikibon user group. His statement, quoted by Dark Reading, shown these respondents are only unaware of what’s really at stake.
”I believe that the 32 percent of respondents that are ‘very satisfied’ with how their company is addressing security concerns are deluding themselves — they should wake up and smell the coffee,” wrote Vellante. “As an industry, since 2000 we’ve spent billions on security in the form of virus protection, network security, firewalls and other infrastructure… do you feel more secure? No way!”
