Security News:
"Security breaches are the cause of $1.6 Trillion in damages worldwide."
"These days, it’s just common sense that any business that collects personal information from consumers also would have a security plan to protect the confidentiality and integrity of the information. For financial institutions, it’s an imperative: The Gramm-Leach-Bliley Act and the Safeguards Rule, enforced by the Federal Trade Commission, require financial institutions to have a security plan for just that purpose."
"Quite frequently company executives will not see the need for deploying security mechanisms until they have already become victims""The U.S. Postal Service reports that 50,000 people a year have become victims of identity theft, and the U.S. Treasury Department says thieves ring up $2 billion to $3 billion per year on stolen credit cards alone. As victims expend hours or days canceling debit and credit cards, obtaining new ones and re-establishing accounts and passwords, corporate America loses billions of dollars more in productivity."
"Eighth Annual 2003 CSI/FBI Computer Crime and Security Survey" "Theft of proprietary information caused the greatest financial loss" in 2003. "The second most expensive computer crime among survey respondents was denial of service." "As in previous years, virus incidents (82 percent) and insider abuse of network access (80 percent) were the most cited forms of attack or abuse." "Almost one in ten organizations do not use any extra physical precautions to protect their computer assets." "Within the world of the Internet, issues surrounding intellectual property were front and center in 2002. The high-profile news items weren't necessarily about the theft of trade secrets, which is the greater threat to most companies, but even focus on copyright infringement has created a climate in which interest in encryption-based controls such as Microsoft's new Digital Rights Management server has increased steadily."
"2003" "Ninety percent of respondents detected computer security breaches within the last twelve months." "Eighty percent acknowledged financial losses due to computer breaches." "Forty percent detected system penetration from the outside." "Forty percent detected denial of service attacks" "Seventy-eight percent detected employee abuse of Internet access privileges (for example, downloading pornography or pirated software, or inappropriate use of e-mail systems)." "Eighty-five percent detected computer viruses." "Ninety-eight percent of respondents have www sites." "Fifty-two percent conduct electronic commerce on their sites." "Thirty-eight percent suffered unauthorized access or misuse on their Web sites within the last twelve months." "Twenty-one percent said that they didn't know if there had been unauthorized access or misuse."