• Information Protection Initiatives on the Rise: Backup and recovery has emerged as one of the key areas of improvement in the survey this year. 73 per cent of SMBs consider installing backup, recovery infrastructure as somewhat important and absolutely important. 39 per cent have an archiving solution running in their environment. SMBs have also realised the importance of data backup and deduplication, with 46 per cent of SMBs backing up their data on a daily basis, and 66 per cent having initiated the discussions and the implementation process for data deduplication.
• Budget Woes: The annual average spending on IT by a Singaporean SMB is about S$12,900 (about US$10,000). This is marginally lower than the average spending of US$12,500 in the Asia Pacific and Japan region.
• Disaster Recovery (DR): A well-documented DR plan is yet to find a place in the list of priorities as it was last year. According to the survey, 60 per cent have either a plan that is not well-documented or needs work. 16 per cent have no plan at all.
Given the situation, Symantec has the following recommendations for Singapore SMBs:
Educate employees on Internet safety, security, and the latest threats; safeguard important business information; implement an effective backup and recovery plan; and secure e-mail and Web assets by selecting a mail and Web security solution.
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