Most SMBs Still Fall Short on Security: Survey

Far too many small and midsized businesses are either relying on temporary security software applications that are out of date or not bothering to implement any security technology at all, according to a new survey by Panda Security.

As Small Business Computing reports, the troubling results portend very bad things for both the companies and the customers who are buying and selling products and services through their sites.

The survey found that 36 percent of companies use free security offerings but balk at forking over monthly subscription fees once the trial offer ends or when updated versions are made available. In fact, 31 percent of businesses admitted they weren’t using antispam applications and another 23 percent eschewed antispyware apps. A stunning 15 percent of those surveyed said they didn’t even bother to have a firewall.

More than half of the 13 percent of companies that have no security apps at all said they didn’t make the investment because they viewed it as unimportant or unnecessary.

Small and midsized businesses are being targeted by hackers at a much higher rate than their enterprise counterparts, yet almost half of companies queried admit they’re not using the latest and most comprehensive security software applications on the market.

And some aren’t using any kind of security software at all.

The disturbing findings were disclosed in security software vendor Panda Security’s second annual International Barometer of Security report (available in PDF format) which polled a total of 10,000 SMBs around the world, including more than 1,500 based in the U.S.

Read the full story at Small Business Computing:

Survey: SMBs Aren’t Doing Enough to Protect Data

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