BANGALORE: According to a Kaspersky Lab survey of businesses worldwide, very small businesses (VSBs) with fewer than 25 employees are the least likely to view “IT Strategy” as a top strategic concern. Only 19 percent of VSBs worldwide reported IT Strategy as one of their top-two strategic concerns, compared to 30 percent of businesses with more than 100 employees, and 35 percent of enterprises with 5,000 employees or more. Alarmingly, this often-neglected business category includes internet and data security policies.

These survey results, found in Kaspersky Lab’s 2014 IT Security Risks summary report, illustrate a key challenge for VSBs. An effective IT strategy is a vital component of any successful business, and if managed properly, can enable a small business to accomplish big things. But the reality is that VSBs, which are often startups struggling to establish themselves, most often don’t have the money or IT expertise to properly implement vital IT components like security software. A new business owner will most likely pour all their resources into growing the sales of their core product or service, since investments in business infrastructure are meaningless if the business itself fails. But at what point should a VSB begin building an IT and security plan for the future, and what are the potential consequences if they wait too long?

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