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Small businesses 'most at risk of cyber attacks'
Feb 25 2010, 12:25 PM
There are numerous ways in which businesses can lose money as a result of cyber crime, it has been stated.
Luis Corrons, technical director for Panda Security, said the most direct form of attack is having company bank details stolen.
"Small and medium companies, mainly, are the ones that are most in danger, because they don't have huge security teams in place. We see cases [of this] on almost a daily basis," he commented.
Mr Corrons noted that a company in Bilbao recently had £350,000 stolen from its bank account as a result of a Trojan virus.
Criminals are becoming increasingly sophisticated where cyber attacks are concerned, he added.
According to Symantec's State of Enterprise Security 2010 report, three-quarters of organisations have been targeted over the last 12 months.
Furthermore, it was found that the average cost to victims is £1.3 million.
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