Small business security questioned

The safety of data held by small firms has been cast into doubt by a new Europe-wide survey, with Britons being found to be most at risk.


The safety of data held by small firms has been cast into doubt by a new Europe-wide survey, with Britons being found to be most at risk.

The safety of data held by small firms has been cast into doubt by a new Europe-wide survey, with Britons being found to be most at risk.

Symantec Corp discovered ‘fundamental flaws and lapses’, despite companies’ promises of security.

A quarter of the British businesses polled admitted that there had been a recent security breach resulting in a loss of trade and 13 per cent said they had lost money as a direct result of such an error.

The European averages stand at 17 and eight per cent respectively.

Although familiar with more common forms of IT security breaches such as viruses and spam, the majority of smaller firms were found to be unfamiliar with newer threats such as minnowing and whaling.

Mike Cherry, home affairs chairman for the Federation of Small Businesses, comments: ‘A security breach in any form, and on any scale, can impact a small business hugely, and the higher the awareness is of the need to protect against these threats, the safer the flourishing UK small business sector will be.’

A report in the Times has revealed that too many people ‘instinctively’ trust the security on the internet; despite the fact it will ‘never be safe’.

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