Firms count the cost of security threats


Security threats soared during 2005, along with the risk of financial losses, but a new report shows that companies still aren't heeding the warnings.

According to the State of Information Security 2005 report from PricewaterhouseCoopers and CIO Magazine, not only are security-related events up 22.4 percent on last year's figures, but the number of organisations reporting financial losses as a result of the attacks is also surging. Twenty-two percent of companies said they had been hit financially, compared with last year's 7 per cent. Firms count the cost of security threats | The Register

Linked by shanmuga Tuesday, 13th December 2005 9:52PM