18 May 2012

UK firms confess cyber crime fears

The recent run of high-profile cyber attacks on private and public sector firms has left many UK companies living in fear that the same could happen to them.


This is the view put forward by IT security firm Detica in its annual Cyber Security Monitor report.....



According to the report, 85 per cent of respondents expect to see a marked rise in the number of cyber attacks that take place this year. When asked who would be the most likely candidate to stage an attack against their IT systems, 73 per cent said criminal groups or professional fraudsters. In the 2011 report, this figure was 58 per cent.........
The theft of intellectual property and competitive bid information during a cyber attack was the biggest source of concern for IT decision makers in the technology sector...........
Meanwhile, firms in the financial services market are more concerned about loss of customer data, reputational damage and interruptions of service for customers......

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