Industry Watch: Hacker Losses Fall 56% - InformationWeek
02:07 PM

Industry Watch: Hacker Losses Fall 56%

In the Computer Security Institute's eighth annual Computer Crime and Security Survey, 251 organizations reported nearly $202 million in losses from security problems last year--a 56% drop from 2001. Robert Richardson, editorial director for the Computer Security Institute, says the drop may show security practitioners are getting better at spotting and stopping attacks. Yankee Group analyst Eric Ogren says companies may be more realistic in calculating the actual intellec-tual-property loss from breaches. Or, Richardson suggests, stiffer legal penalties are scaring off would-be hackers: "If I were a young kid with an interest in hacking, I wouldn't be hacking into the Rand Corp. right now."

Comment  | 
Print  | 
More Insights
Newest First  |  Oldest First  |  Threaded View
How Enterprises Are Attacking the IT Security Enterprise
How Enterprises Are Attacking the IT Security Enterprise
To learn more about what organizations are doing to tackle attacks and threats we surveyed a group of 300 IT and infosec professionals to find out what their biggest IT security challenges are and what they're doing to defend against today's threats. Download the report to see what they're saying.
Register for InformationWeek Newsletters
White Papers
Current Issue
2017 State of the Cloud Report
As the use of public cloud becomes a given, IT leaders must navigate the transition and advocate for management tools or architectures that allow them to realize the benefits they seek. Download this report to explore the issues and how to best leverage the cloud moving forward.
Twitter Feed
InformationWeek Radio
Archived InformationWeek Radio
Join us for a roundup of the top stories on for the week of November 6, 2016. We'll be talking with the editors and correspondents who brought you the top stories of the week to get the "story behind the story."
Sponsored Live Streaming Video
Everything You've Been Told About Mobility Is Wrong
Attend this video symposium with Sean Wisdom, Global Director of Mobility Solutions, and learn about how you can harness powerful new products to mobilize your business potential.
Flash Poll