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[ISN] Cheapskate SMBs dodge buying security software
By John E. Dunn
29 September 09
Many UK SMBs probably spend as much re-filling the communal water cooler
as they do buying security software, a global survey of the sector has
If that sounds outlandish, consider the extraordinary figures uncovered
by security software company PandaLabs, which surveyed 7,500 companies
in the sector across 16 countries, including the UK, the US and Germany.
Twenty-two percent of US SMBs (defined as businesses with between 1 and
400 seats) spend more than $1,500 (approx 1,000 euros) per annum on
security software. Looking at the 389 SMBs questioned from the UK, the
number spending over the same sum was an unfathomably low 2 percent.
In fact, UK SMBs are the lowest spenders on security software in the
world, half coughing up less than 300 (approx 290 euros) per annum, and
38 percent barely reaching the 100 mark. Some of this can be explained
by the fact 67 percent of the UK companies reported having fewer than 10
employees, but even so the numbers take some explaining.
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