Security survey says life's a breach

Thursday, 26 June 2003, 1:28 PM EST

More than two-thirds of financial institutions globally have reported their information security procedures were "compromised" in the past year.

However, Australian banks emerge relatively well in most aspects of security maintenance, according to the Deloitte Touche Tohmatsu survey of 80 of the top 500 institutions.

Worryingly, 39 per cent of the global respondents reported breaches, one-fifth of which were from outside the organisation.

Problems ranged from theft of information to the effect of the Love Letter virus in 2000, which helped cause an estimated $5 billion damage.

About 80 per cent were confident about their protection against malicious cyber attacks, but only 43 per cent of respondents were confident their back-up plans would be completely effective.

[ 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 //