Economic Crisis Thought To Fuel Data Theft

Economic Crisis Thought To Fuel Data Theft

Jason Lee Miller
Staff Writer
2009-01-29

SecurityProNews: Insider Reports Insider Reports RSS Feed

Last year, companies worldwide lost about $1 trillion to intellectual
property theft and damage repair, an estimate McAfee calls conservative.
The company warns that a weakened worldwide economy will just increase
data theft in 2009. McAfee based that hefty number on a survey conducted
by Purdue University's Center for Information Assurance and Security.
Data from over 800 CIOs in the US, UK, Germany, Japan, China, India, and
Dubai were examined, especially in regard to the origination, storage,
transfer and loss of intellectual property (IP). Combined, companies in
the survey lost $4.6 billion worth of IP last year, and spent about $600
million patching up holes from data breaches.

Go there...

http://www.securitypronews.com/insiderreports/insider/spn-49-20090129EconomicCrisisThoughtToFuelDataTheft.html

Don