Security costs mount: study

Monday, 23 May 2005, 11:20 AM EST

The cost of IT security for Australian business continues to mount, despite fewer organisations reporting security problems, the latest national computer crime survey has found.

Compiled from the responses of 540 government and private organisations, the 2005 Australian Computer Crime and Security Survey found the total cost of security incidents within the survey group, including electronic attacks, physical crimes such as laptop theft, and internal systems misuse, came to $16.9 million, up from $15.9 million in 2004 and $11.8 million in 2003.

By Chris Jenkins at Australian IT.

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