Printer Friendly
The Free Library
19,607,050 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Financial services firms under siege.


EIGHTY-TWO PERCENT of financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
 firms experienced an information security breach over the last year, according to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 the results of Deloitte Touche Tohmatsu's 2006 Global Security Survey, with 78 percent reporting an external attack (up from 26 percent a year earlier), and 49 percent reporting an internal attack (up from 35 percent in 2005, and only 14 percent in 2004). Forty-four percent of the 150 companies that responded to the survey said they were victims of both types of attacks.

Viruses and worms led the pack for both internal and external breaches; phishing Pronounced "fishing," it is a scam to steal valuable information such as credit card and social security numbers, user IDs and passwords. Also known as "brand spoofing," an official-looking e-mail is sent to potential victims pretending to be from their ISP, bank or retail establishment.  attacks and spyware were runners-up for the top external breaches, while insider fraud and leakage of customer data accounted for 28 and 18 percent of internal breaches respectively. Regulatory compliance and disaster recovery were among the top security initiatives of financial services organizations in 2006.

@ MORE FROM THE DELOITTE SURVEY IS AT WWW WWW or W3: see World Wide Web.


(World Wide Web) The common host name for a Web server. The "www-dot" prefix on Web addresses is widely used to provide a recognizable way of identifying a Web site.
.SECURITYMANAGEMENT.COM (1) (Computer Output Microfilm) Creating microfilm or microfiche from the computer. A COM machine receives print-image output from the computer either online or via tape or disk and creates a film image of each page. .
COPYRIGHT 2006 American Society for Industrial Security
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006 Gale, Cengage Learning. All rights reserved.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:Technofile
Author:Piazza, Peter
Publication:Security Management
Article Type:Brief article
Geographic Code:1USA
Date:Nov 1, 2006
Words:148
Previous Article:Antisocial networking sites.
Next Article:Making data breaches public.
Topics:



Related Articles
Firm makes customer service its top priority.
Ask FERF (financial executives research foundation) about ... Sarbanes-Oxley Implementation Guidance.
On the Armada bookshelf.
Zimbabwe sanctions.

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles