IT security breaches hit 80% of firms in Ireland

Tuesday, 4 June 2002, 11:48 AM EST

KPMG published new research showing that 80% of companies have suffered a security incident or breach, such as a virus or hacker attack, in the past year.

And the research reveals that such security incidents cost companies an average of 120,000 per incident yet most companies are not taking these risks seriously.

KPMG's first global information security survey was based on interviews with 690 companies with turnover in excess of 55m. Thirty per cent of companies surveyed have a presence in the Irish market.

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