Cybercrime costs biz more than physical crime

Friday, 17 March 2006, 1:11 AM EST

Cybercrime is more costly to businesses than physical crime, according to a recent IBM survey of 600 US businesses. Lost revenue, wasted staff time dealing with IT security attacks and damage to customer goodwill were rated as a bigger problem than conventional crime by 57 per cent of firms in the healthcare, financial, retail and manufacturing industries. Respondents in the US finance industry (71 per cent) were the most concerned about the threat of cybercrime.

At The Register.

[ Read more ]




Spotlight

Bash Shellshock bug: More attacks, more patches

Posted on 29 September 2014.  |  As vendors scramble to issue patches for the GNU Bash Shellshock bug and companies rush to implement them, attackers around the world are probing systems for the hole it opens.


Weekly newsletter

Reading our newsletter every Monday will keep you up-to-date with security news.
  



Daily digest

Receive a daily digest of the latest security news.
  

DON'T
MISS

Tue, Sep 30th
    COPYRIGHT 1998-2014 BY HELP NET SECURITY.   // READ OUR PRIVACY POLICY // ABOUT US // ADVERTISE //