Medium sized organisations (those with 51 to 1,000 employees) in APAC are increasingly concerned about IT security threats, and the rising number of incidents shared publicly certainly justifies their worries. The first half of 2009, for example, saw almost as much new malware as it did in all of 2008 . At the same time, most organisations have frozen or cut their IT security budgets.
These realities are exploited by criminals, who use the downturn to step up the pace. Disgruntled employees are also walking away with valued information assets, while businesses scale back on defence in an effort to cut costs. Unfortunately this is happening at a time when businesses can ill afford downtime, decreased productivity, stolen data, lost sales and a damaged corporate reputation.
This report, sponsored by security vendor McAfee, quantifies security spending within APAC-based midsize organisations. The desire to undertake this research reflects a recognition by McAfee that they can only be successful by understanding what the real issues are in midsized businesses and how these impact IT security.