Forgot your account information?  |  Create a CME account

Businesses still not spending enough on secure IT

Published by Steve Coleman on February 28, 2012

Despite claims by small and medium businesses that they're worried about IT security, few are spending enough to ensure breaches don't occur.

A new study done by Primus Business Services says 60 per cent of businesses that participated in the survey spent less than 10 per cent of their budgets on data security, despite the fact almost as many said they are worried about their security.

Researchers also say a lot of IT decision makers aren't completely convinced about the security of cloud computing. The change from a regular operation means hiring a third party to look after the service in the same way a utility looks after supplying customers with water or electricity.

While respondents were concerned about the security of their data, 74 per cent said they don't have secure off-site storage for their critical business data. Seventy-two per cent said they don't monitor or manage their data on a 24/7 basis.

As for cloud computing, itself, only 14 per cent of companies say they currently use the technology.

Found in: news

National Office

Alberta British Columbia
Manitoba New Brunswick
Newfoundland & Labrador Nova Scotia
Ontario Québec
Prince Edward Island Saskatchewan