Small and medium-sized businesses facing increasing security and regulatory challenges

Data security tops the list of compliance related challenges faced by US small and medium-sized businesses (SMBs), according to a survey released by IBM.

More than half of the small and medium-sized business executives polled said that compliance is more of a challenge today than it was a year ago, and 64 percent claim their company is actively engaged in addressing compliance issues.

Nearly 70 percent of respondents that were C-level executives at companies with more than 100 employees said data security was at the top of their list of compliance concerns. Four in ten of SMBs polled plan to both upgrade and acquire new applications (45 percent) and infrastructure (39 percent). The survey also discovered that C-level executives at SMBs feel that their companies have achieved unexpected benefits, such as improved efficiency, documented business processes and IT security, as a result of compliance with new regulations.

http://express-portfolio.com/ibm/

•Date: 13th May 2005 • Region: N.America • Type: Article •Topic: ISM
Rate this article or make a comment - click here