Editorials

by Rajen Kumar

No Escaping Social Media

Running a magazine concentrating on issues of small and medium enterprises and managing with limited resources is a like living life on the edge. In this rush of meeting deadlines,...

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Special Reports

Apr 2012

EMRC, Brussels Associates with SME WORLD as its New Media Partner

EMRC has promoted business partnerships with the developing world and has organised dozens of business forums in key decision-making cities, such as Amsterdam, Rome,...

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Technology

Complete Security Solution for SMEs now Available - Vineet Sood, Head, Channels and Alliances, Symantec India

Rishi Sonwal
Mar 2011
Page 1 of 3
ICT applications need the security full-proof system to run. Today with the technical advancements many threats have also been emerging. These threats are not just limited to the virus or malware attack while working online. System hacking, data stealing, illegal data access, etc. are some of the new kinds of challenges that are now emerging. Another major area of threat which has been noticed is online financial frauds and hacking.

In today's environment online banking or internet banking is getting huge popularity. Banks is now freely offering their services online. People are getting oriented to do their transactions online. Making payments, balance transfers, tickets booking, online shopping, etc. are the buzzword now and people are demanding it and feeling free to use it frequently.

But the rising awareness about such activities have also attracted the hackers. More and more incidents of online frauds and hackings are being reported now. Lack of knowledge backed by inadequate security measures and protection is the reason behind online frauds including illegal money transfers.

Symantec, a leading online protection and complete security solutions provider, conducted a survey related to the online protection level among the small and medium enterprises in India. The Symantec 2010 Global SMB Information Protection Survey reveals that small and mid-sized businesses (SMBs with 10 to 499 employees) are aware of the need to adopt a complete information protection strategy that goes beyond a basic antivirus solution.

The earlier survey of the company revealed the lack of a basic security solution like antivirus existed amongst the enterprises; in contrast, the 2010 findings indicate that information protection initiatives, such as backup, recovery and archiving are now finding acceptance.

According to the survey, 50 percent consider loss of critical business information a top business risk. Seventy percent of the respondents lost confidential data in the last one year, with 66 percent suffering revenue losses. A high number (61 percent) reported negative impact on their image and 46 percent saw a dip in customer trust.
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The Last Word

More Learned than Educated, You were!

I was speechless. Rather hesitatingly I asked him, “So, what have you decided, Sominder ?” His reply was curt and candid, “I have told the doctors that I don’t want to live life as dumb. Only...

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