“Virus
attacks continue as the source of the greatest financial
losses.(1)” -Computer Security Institute “The
effects of viruses and virus disasters are more far reaching
than just dollars.(3)” -ICSA Labs
Computers
and the Internet are necessary for modern business operations.
Unfortunately, the more your business depends on computers
and being online, the more it exposes itself to an increasing
number and variety of security threats. Likewise, the harm
these threats pose to the survival of your business is proportional
to how much your business relies on computers and the Internet.
Among
the many threats that can harm businesses, viruses and virus
outbreaks continue to cause businesses to lose the most
money. This was among the findings reported by the Computer
Security Institute based on data collected from their 2005
Computer Crime and Security Survey. According to the Computer
Security Institute, respondents claimed viruses caused organizations
the greatest financial loss, over $42 million and approximately
1/3 of the cost for all computer security incidents combined
(1). The total financial loss due to computer security incidents
reported by 700 respondents was listed at over $130 million
(reported by 90% of respondents) (2).
In
the ICSA Labs annual virus prevalence survey, over half
the respondents reported the latest “virus disaster”
alone cost them over $40,000. (3)
There
are other ways that viruses impact a business which may
be more difficult to attach a figure to, but nonetheless
still cost businesses real money. These include the time
it takes to recover after a virus outbreak has occurred
and organizational effects an outbreak has on a company.
According to ISCA Labs survey respondents it took 31 person
days to fully recover after a virus disaster and the top
3 effects viruses have on businesses are:
- Loss
of productivity,
- Unavailable
PCs, and
- Lost
data, and Lost access to data (3).
1.
“2005 Computer Crime and Security Survey.” Computer
Security Institute (www.gosci.com).
2.
Ibid, 639 respondents out of 700. 3. ISCA Labs Tenth Annual
Computer Virus Prevalence Survey (www.icsalabs.com).
ISCA
defines virus disaster as “an incident in
which 25 or more PCs or servers are infected at the same
time with the same virus or an incident causing significant
damage or monetary loss to the organization.”