70% of all enterprises have been impacted by IT related security breaches or fraud
Most common fraud is from information theft followed by compliance breaches and IP theft
70% of companies have been impacted by security breaches and/or IT-related fraud. IT-related fraud is now the most common security threat that companies of all types and sizes face. IT professionals not only need to be concerned with the protection of sensitive information but the exposure they place their enterprises in the new mobile computing environment. With the greater dependence by corporations on open INTERNET-based systems, there has been a notable increase in fraud and theft.
Janco in its interviews of CIOs found that at least one in three organizations has experienced some type of cyberattack or fraud associated with their IT systems.
The results of this analysis agree with what is reported in the media on almost a daily basis. We have found that over seventy percent of survey respondents polled said their companies experienced cyberattacks and/or fraud in the previous 12 months. That is as compared to 61 percent for the prior 12-month period, which surveyed 827 senior executives, 62 percent of them at the C-suite level. The fraud they found went beyond IT systems.
Preventative Actions for CIOs and IT Managers
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