Indian banks have collectively lost Rs. 12.6 crore due to cyber attacks in 2010, according to a survey report published recently.

Today more than ever, security of information has become a major issue for organisations to deal with.

It is a misconception among SMEs that only large enterprises are prone to cyber attacks. When it comes to security, it is not the size of the organisation that matters but what is significant is an integrated approach adopted by an organisation to secure its business.

Threats have multiplied in recent years. Today, SMEs need to keep an eye on those disgruntled employees, who might be exposing their companies to social media, e-mail threats and industrial espionage.

When it comes to IT security, most of the SMEs have neither the staff nor the required capabilities to protect themselves effectively. Network protection has remained at the same level over a period while virus and other malware have advanced in nature.

IT security is not simply installing anti-virus software or a firewall. So, what is needed for SMEs to secure their business?

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