With a new type of malware being created every eight seconds, digital threats are a big problem for companies, which can take up to 243 days to identify an attack and another 50 to resolve it. The data are from the Global Software Survey, recently released by the BSA| The Software Alliance, the leading global advocate for the software industry before governments and in the international marketplace.
These attacks cost the company an average of $2.4 million, which translates to a 0.8% drop in global GDP. “The chances of a malware infection being directly linked to the use of unlicensed software are high,” explains BSA country manager Antonio Eduardo Mendes da Silva, known in the market as Pitanga. “That's why it's so important for CIOs to establish software asset management programs, known by the acronym SAM, as they help organizations know exactly what's installed on their machines, reducing the risk of cyber attacks and reducing expenses with redundant licenses”, he adds.
Learn more about SAM:
1. Software Asset Management – or Software Asset Management is a set of IT practices that control and optimize the use of software in companies.
2. SAM protects the company's digital environment and reduces the risk of cyber attacks in 54%. It is also reflected in a 35% increase in IT productivity.
3. Software asset management drives results. Companies that adopt it report up to 11% increase in profits and more satisfied 26% customers and partners. The process also generates 32% savings in the company's software costs.
4. Companies that adopt SAM are 43% less at risk of facing legal issues related to software. They are also 28% less susceptible to damage to their image through association with illegal software use.
To learn more about SAM, see the explanatory infographic: https://we.tl/t-y0ArAnggqo
The BSA | The Software Alliance (www.bsa.org) is the leading advocate for the global software industry before governments and in the international marketplace. Its members are among the most innovative companies in the world, creating software solutions that stimulate the economy and improve modern life. Based in Washington, DC and operating in more than 60 countries, BSA promotes compliance programs that promote the legal use of software and advocates for public policies that promote technological innovation and the growth of the digital economy. Follow BSA at @BSAnews.
These attacks cost the company an average of $2.4 million, which translates to a 0.8% drop in global GDP. “The chances of a malware infection being directly linked to the use of unlicensed software are high,” explains BSA country manager Antonio Eduardo Mendes da Silva, known in the market as Pitanga. “That's why it's so important for CIOs to establish software asset management programs, known by the acronym SAM, as they help organizations know exactly what's installed on their machines, reducing the risk of cyber attacks and reducing expenses with redundant licenses”, he adds.
Learn more about SAM:
1. Software Asset Management – or Software Asset Management is a set of IT practices that control and optimize the use of software in companies.
2. SAM protects the company's digital environment and reduces the risk of cyber attacks in 54%. It is also reflected in a 35% increase in IT productivity.
3. Software asset management drives results. Companies that adopt it report up to 11% increase in profits and more satisfied 26% customers and partners. The process also generates 32% savings in the company's software costs.
4. Companies that adopt SAM are 43% less at risk of facing legal issues related to software. They are also 28% less susceptible to damage to their image through association with illegal software use.
To learn more about SAM, see the explanatory infographic: https://we.tl/t-y0ArAnggqo
The BSA | The Software Alliance (www.bsa.org) is the leading advocate for the global software industry before governments and in the international marketplace. Its members are among the most innovative companies in the world, creating software solutions that stimulate the economy and improve modern life. Based in Washington, DC and operating in more than 60 countries, BSA promotes compliance programs that promote the legal use of software and advocates for public policies that promote technological innovation and the growth of the digital economy. Follow BSA at @BSAnews.
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