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Financial services firms fear being shamed by Anonymous


From: InfoSec News <alerts () infosecnews org>
Date: Tue, 27 Mar 2012 02:06:26 -0500 (CDT)

http://www.v3.co.uk/v3-uk/news/2163744/financial-services-firms-fear-shamed-anonymous

By Alastair Stevenson
V3.co.uk
27 Mar 2012

Professionals in the financial services sector view reputational damage as one of the worst consequences of a successful cyber attack, a new report from PricewaterhouseCoopers (PwC) has revealed.

Based on the responses of 3,877 companies across 78 countries, PwC found that half of the respondents from the banking sector believed the risk cybercrime posed had increased over the past 12 months.

Exceeding the 36 per cent figure recorded in other industries, the report revealed that half of financial services professionals are primarily concerned over potential damage to their company's brand and reputation.

"Cybercrime puts the financial service sector's customers, brand and reputation at significant risk" said PwC partner Andrew Clark.

[...]


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