Information Security News mailing list archives
Incidence Of Cybertheft Surpasses Incidence Of Physical Theft For The First Time, Study Says
From: InfoSec News <alerts () infosecnews org>
Date: Wed, 20 Oct 2010 00:18:49 -0500 (CDT)
http://www.darkreading.com/security/attacks/showArticle.jhtml?articleID=227900305 By Tim Wilson DarkReading Oct 19, 2010 Incidence of theft of information and electronic data at global companies has overtaken physical theft for the first time, according to a study released yesterday. According to the latest edition of the Kroll Annual Global Fraud Report, the amount lost by businesses to fraud rose from $1.4 million to $1.7 million per $1 billion of sales in the past 12 months -- an increase of more than 20 percent. The findings are the result of a study commissioned by Kroll and conducted by the Economist Intelligence Unit, which surveyed more than 800 senior executives worldwide. While physical theft of cash, assets, and inventory has been the most widespread fraud by a considerable margin in previous Global Fraud Reports, this year's findings reveal that theft of information or assets was reported by 27.3 percent of companies during the past 12 months -- up from 18 percent in 2009. In contrast, reported incidences of theft of physical assets or stock declined slightly, from 28 percent in 2009 to 27.2 percent in 2010. [...] ___________________________________________________________ Tegatai Managed Colocation: Four Provider Blended Tier-1 Bandwidth, Fortinet Universal Threat Management, Natural Disaster Avoidance, Always-On Power Delivery Network, Cisco Switches, SAS 70 Type II Datacenter. Find peace of mind, Defend your Critical Infrastructure. http://www.tegataiphoenix.com/
Current thread:
- Incidence Of Cybertheft Surpasses Incidence Of Physical Theft For The First Time, Study Says InfoSec News (Oct 19)