Cyber Attacks a Major Threat to Businesses

An industry wide survey of technology and healthcare firms conducted by Silicon Valley Bank, exposed some noteworthy revelations and thought patterns in the corporate world. Almost half of the respondents in this survey unanimously thought of cyber attacks being the most serious threat to their data and business continuity. The research was based on responses from 216 professionals from different organizations.

A whopping 98 percent companies admitted to maintaining or even increasing their IT security resources. Almost half of them are planning to devote more resources this year to deal with online attacks. Another revelation that surfaced was that these resources are more likely to be invested in preventive policies rather than in preventive infrastructure. That means staffing security professionals, CEH Training in Ethical Hacking and monitoring is gaining higher importance than keeping the right infrastructure in place, indicating that they are planning for dealing with such attacks.

The main reason why this problem is being viewed as such a huge threat is because the possibility of enterprise operations being disrupted are magnified. With intellectual property of the organization at stake, close to 60 percent of respondents believed it to be a serious issue. Overall, it was deduced from this report that while many companies were confident of being able to secure their information assets in future, they were more concerned about the security measures taken by their crucial partners, vendors and distributors.

Companies are ready to take on attackers albeit they utilize the right resources that can effectively and efficiently safeguard the integrity and confidentiality of critical business information. Koenig Solutions offers various IT security courses for those who would like to build ammo against malicious intruders and hackers.