Business Continuity, Infosecurity

Cybercrime perceived as major business risk

By Alice Kok | 13 November 2008

A survey has found out that companies are taking a greater interest in protecting sensitive information and intellectual property from threats coming from the web.

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• RESEARCH

The study, conducted by Finjan which surveyed 1387 IT and security professionals, found that 91 per cent of all respondents perceive cybercrime as a major business risk; the figure is 95 per cent in the banking and financial sector.

Of those respondents who identified themselves as CIOs and CSOs, 73 per cent said they were more concerned about data theft than about downtime or loss of productivity as a result of virus infections.

Around 68 per cent – a clear majority – of respondents indicated that their corporate intellectual property and sensitive information is at risk of data-theft; while 54 per cent worry about their corporate employee information being stolen.

In the healthcare sector, 73 per cent of providers believed their patient’s medial records were the main potential cybercrime target.

While 25 per cent of the respondents reported that their data had been breached, an overwhelming 42 per cent of respondents could not exclude the possibility of a breach.

And 67 per cent of respondents indicated their desire of real-time content inspection to ensure web security.