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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