Data leakages of internal systems caused either by cyberattacks (29%) or employees (25%) are the most concerning security issues encountered by SMBs and enterprises, Kaspersky IT Security Economics survey respondents from Asia Pacific (APAC) claim. 

Heightened concerns over data protection increasingly turn business leaders’ attention to the transparency policies of their suppliers. 

Kaspersky’s global research, conducted among more than 800 IT decision-makers from APAC, shows a loss or exposure of corporate and customer information because of a data breach is a major headache for companies — 59% of respondents from organizations of all sizes named this issue the most challenging aspect related to IT security. Among others, the most common concerns are the cost of securing increasingly complex technology environments, and issues with cloud infrastructure adoption with 50% and 44% share respectively. 

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Thinking more specifically about the most disturbing security challenges, APAC respondents mostly indicated leakage of data from internal systems caused by cyber-attacks (29%) and by employees (25%). Most decision-makers are also concerned about incidents affecting IT infrastructure hosted by a third-party noted by 28% and managing security across different computing platforms (25%).

Data protection

“Here in APAC, we see that third-party inflicted incidents are actually the second-most concerning for local executives,” said Chris Connell, managing director for Asia Pacific at Kaspersky. “This is driven by the interconnectedness of businesses here and we see outsourcing and managed services to continue to be preferred due to the efficiencies and cost-saving opportunities they bring to the table,” 

Given that data protection has turned into the most alarming business security issue, companies are now attaching considerable importance to their suppliers’ and contractors’ transparency policies. Of those surveyed, almost all (98%) in APAC consider the presence or absence of transparency policies as important for going into business with a supplier or contractor. And while 88% of surveyed organizations here already have transparency policies in their organizations, 91% confirmed their readiness to invest resources in developing it further.

To minimize the risk of any attacks and data breaches for businesses, Kaspersky recommends using endpoint protection with a proven track record providing capabilities for threat detection and response. In addition, managed protection services will help organizations with their attack investigation and expert response. Comprehensive cybersecurity awareness training teaching how to avoid common security threats is also required to reduce the likelihood of incidents caused by employees. 

Kaspersky in Southeast Asia also has launched a Buy 1 Free 1 promo to help SMBs and midrange enterprises in beefing their cybersecurity capabilities. Businesses can now enjoy two years of enterprise-grade endpoint protection for the price of 1 with Kaspersky Endpoint Security for Business or Cloud or Kaspersky Endpoint Detection and Response Optimum, with 24×7 phone support. Interested customers can reach out to sea.sales@kaspersky.com.  

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