53 Percent Companies Ready To Invest In Software For Secure Financial Transactions: Report


BANGALORE: According to a Kaspersky Lab Survey conducted by Kaspersky Lab and B2B International in 2014, 53 percent of companies are willing to invest in software specifically designed to protect financial transactions, using either components installed in their own infrastructure or provided by a third-party service.

According to Kaspersky Lab’s survey, the safety of payment data and financial transactions is a high priority for business: one-third of companies (34 percent) place the protection of this information as a top three IT management priority for the coming year, and nearly half the respondents believe their company needs greater security for financial transactions.

Larger companies are more willing to invest in the best security technology: among enterprises with more than 5,000 employees, 64 percent of companies have declared that they are ready to pay more for a premium security service, compared to 48 percent of smaller businesses 15 percent of respondents also believe the cost should not be a determining factor in this case.

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