According to the recent Symantec 2010 State of Enterprise Security Survey, 75 per cent of Asia Pacific organizations experienced cyber attacks in the past 12 months, costing enterprise businesses an average of US$763,000 per year. 33 per cent of Singapore enterprises rated the attacks somewhat or highly effective.
The study revealed that 91 percent of Singapore companies regard IT security as an important issue, with 1 in 4 Singapore firms already deploying hosted security services, believed to provide more robust protection backed by experts and research. Most respondents believe that security expertise is the top benefit of a hosted security service, as compared to having in-house IT personnel who may not have the necessary expertise or resources to keep the system updated and effectively protected against constantly evolving cyber threats. (full article)
