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18:58 23rd February 2010
More than 2,000 enterprises polled in 27 countries reported losses due to cyber attacks last year, according to a Symantec 2010 State of Enterprise Security study.
In more than 92 per cent of cases, the losses were monetary and cost large enterprises more than £1.4 million a year.
"We are already seeing businesses reviewing their security tools to get the maximum protection at lowest cost," Mike Jones, security specialist at Symantec told Computer Weekly.
The poll also revealed that 42 per cent of enterprises stated that cyber risk was their top concern.
In other news, the majority of companies in 2010 will opt to invest in upgrading or maintaining existing IT applications instead of implementing new software, according to a new study by Forrester Research.
Holger Kisker, who is a senior analyst at the firm, said that "despite all the hype around new technologies that have hit the market in the past few years, firms are devoting most of their IT spending to already-installed technologies."
Written by Paul Davis
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