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Ambitious Companies

The business risks of IT security breaches

Published 18 June 2008, 07:16 AM

The Department for Business, Enterprise and Regulatory Reform recently published its bi-annual Infromation Security Breaches survey (HP is a contributor).

There is some good news.

  • 84% [of companies surveyed] are heavily dependent on their IT systems
  • 81% believe their board gives a high or very high priority to information security
  • 77% see protecting customer data as very important

But the bad news is that computer incidents are widespread among large companies (over 500 people).

  • 96% have had a security incident int he preceding year
  • In fact, they had, on average, 400
  • The average cost of the worst incident was £1-2m

And there are still weak spots such as instant messaging and encryption.

The Get Safe Online blog continues the theme, for example in this post about data loss.

Posted By mstibbe | 1 Comments | Trackbacks | Permalink


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