IT security tough talk short on cash

Tuesday, 27 August 2002, 9:59 AM EST

Australia's IT industry is talking tough about security but it's certainly not translating into dollars with medium to large companies averaging a measly spend of A$33,000 (US$18,000) per annum.

Even more alarming is that up to forty percent of businesses have no formal written IT policy and a further 34 percent spend less than A$10,000 a year on IT systems security.

According to a survey by consulting firm CSC of 80 medium to large businesses in Australia, organizations "baulk at the initial outlay" required to invest in security despite greater awareness and concern about the impact of a serious security breach.

[ Read more ]




Spotlight

Android Fake ID bug allows malware to impersonate trusted apps

Posted on 29 July 2014.  |  Bluebox Security researchers unearthed a critical Android vulnerability which can be used by malicious applications to impersonate specially recognized trusted apps - and get all the privileges they have - without the user being none the wiser.


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, Jul 29th
    COPYRIGHT 1998-2014 BY HELP NET SECURITY.   // READ OUR PRIVACY POLICY // ABOUT US // ADVERTISE //