Computer Crime
According to The Computer Security Institute (CSI) the annual cost of computer crime is rising rapidly. In a recent study("1998 Computer Crime and Security Survey" conducted by CSI with participation by the FBI International Computer Crime Squad), CSI released the following statistics:
• 64% of 520 respondents reported computer security breaches within the last twelve months.
•Although 72% of respondents acknowledge suffering financial losses from such security breaches, only 46% were able to quantify their losses.
•The total financial losses for the 241 organizations that could put a dollar figure on them adds up to $136,822,000. This figure represents a 36% increase in reported losses over the 1997 figure of $100,115,555 in losses.
Security breaches detected by respondents included:
• Unauthorized access by employees.
• System penetration from the outside.
• Theft of proprietary information.
• Incidents of financial fraud.
•Sabotage of data or networks.
The most serious financial losses occurred through
•Unauthorized access by insiders ($50,565,000 in losses).
•Theft of proprietary information ($33,545,000 in losses).
•Telecommunications fraud ($17,256,000 in losses).
•Financial fraud ($11,239,000 in losses).
The number of organizations that cited their Internet connection as a frequent point of attack rose from 47% in 1997 to 54% in 1998. Significantly, the number of respondents citing their Internet connection as a frequent point of attack is now equal to the number of respondents citing internal systems as a frequent point of attack.
For more information about this report and other information on computer security, visit the CSI web site at http://www.gocsi.com.
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