61% Pakistani Businesses Consider Data Protection As Main IT Security Concern

61 percent of Pakistani businesses consider Data protection as the main concern for IT Security.

According to a report by leading cyber security firm Kaspersky, 33 percent of companies around the world and 61 percent of companies in Pakistan expressed data protection is an important concern.

According to the recent Kaspersky IT Security Economics report, the majority of companies globally find the loss of productivity, securing complex tech environments, and enabling data protection to be the most concerning business issues, driven by growing IT security needs and requirements.

In Pakistan, data protection is a major business concern, while issues with business process outsourcing are also named by organizations as problematic.

Each year, the Kaspersky IT Security Economics report assesses the shifts in budgets, breaches, and challenges faced by IT Security leaders.

This report is compiled from interviews with IT and IT security professionals from organizations of different sizes and industries. The survey was carried out in 27 countries across Europe, the Asia-Pacific region, Latin America, North America, the Middle East, Turkiye, and the Africa (META) region, including Pakistan.

Respondents were worried about this because they regularly encountered employees’ physical loss of devices and experienced data leakage from corporate systems caused by both external and internal reasons.

According to the report, downtime and lost productivity are the most concerning business problems caused by ineffective IT security, an opinion expressed by 38 percent of companies globally and 20 percent in Pakistan.

They encounter this problem mainly because of the long time taken to detect and remediate threats.

Additionally, 19 percent of organizations in Pakistan also mention issues with business process outsourcing as their major concern.

Securing complex technology environments and ensuring data connectivity were also on the list of concerns, according to 33 percent of respondents globally and 9 percent in Pakistan.

Among the main IT issues that cause this challenge, respondents pointed to the rising number of incidents involving non-computing connected devices and incorrect operations of cybersecurity solutions that leave systems exposed.

“It is crucial for organizations to safeguard every aspect of their operations from potential breaches. Attackers no longer solely rely on zero-day exploits, as a simple click on a malicious link or a vulnerability in a contractor’s infrastructure can lead to devastating consequences.

his underscores the idea that information security should be based on a comprehensive and systematic approach, rather than being limited to the implementation of individual point-specific measures,” comments Alexey Vovk, Information Security Director at Kaspersky.