Half of companies surveyed suffered security breach
Nearly half of the nation's fastest-growing companies suffered a recent breach in information security, according to a survey released Monday by consulting giant PricewaterhouseCoopers.
The poll of CEOs from over 400 firms -- companies with revenues ranging from $5 million to $150 million which Pricewaterhouse dubs 'trendsetters' and tracks on an ongoing basis -- uncovered a disturbing trend: smaller organizations haven't responded to such breaches, and the ensuing losses, by beefing up their security budgets.
“Earlier this year, we saw the security budgets in large organization increasing,” said Mark Lobel, the senior manager for security and privacy services at PricewaterhouseCoopers, and the author of the survey results. “But we're seeing these fast-growing companies not spending as consistently as their more mature brethren.
“They do that at their peril,” he added.
[ Read more ]
- Review: Hack Attacks Revealed: A Complete Reference for UNIX, Windows, and Linux with Custom Security Toolkit 2/e (24 April 2003)
- Review: The Hack-Counter Hack Training Course: A Network Security Seminar from Ed Skoudis (22 April 2003)
- Review: Hack Attacks Testing: How to Conduct Your Own Security Audit (1 April 2003)
- Review: Enterprise Security: The Manager's Defense Guide (28 November 2002)
By subscribing to our early morning news update, you will receive a daily digest of the latest security news published on Help Net Security.
With over 500 issues so far, reading our newsletter every Monday morning will keep you up-to-date with security risks out there.