Increase in Installation of Basic Security Software by SMBs

There was a rather very good improvement when it comes to prioritization and budget for security software and services to protect their customers’ and their own most sensitive data by small and medium sized businesses.

Many number of SMBs are now are keeping data security on their top IT priority compared to previous year, according to a Symantec survey. SMB owners have also admitted that they are yet to implement even the most basic data security technologies and policies. About 33 percent of SMBs did not even install basic antivirus software application.

Many small and mid sized businesses have been neglecting their security infrastructure, but now-a-days they are beginning to invest the money on security to prevent cybercrimes and other related issues.

Many of the lawmakers are imposing on companies of all sizes to protect their customers’ data by passing legislation to have minimum security standards.

There would be considerable increase in the expenditure on data protection in 2010 when compared to the average expenditure $51,000 previous year.