Fergie's Tech Blog

Security Threats Rise 22%

Via Red Herring.

Computer worms, viruses, and other security-related threats have increased more than 22 percent year-to-date, with more companies reporting losses from cyber break-ins and insider attacks on networks and data, a study said Tuesday.

So far this year, companies reported 862 incidents, up 22.4 percent from 704 during the same period in 2004, according to an annual study released by IDG and PricewaterhouseCoopers. Cyber crime seems to be on the upswing, with 22 percent of companies surveyed reporting financial losses from attacks on their systems, up from only 7 percent in 2004.

The study surveyed more than 8,200 information security executives in 63 countries and covers a range of industries including computer-related manufacturing and software, consulting and professional services, financial services and banking, government, healthcare, and education.

posted by Fergie @ 9/14/2005 09:10:00 AM