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[Dataloss] 3 Out of 4 Financial Institutions Suffered External Breach in Past Year

From: lyger (lygerattrition.org)
Date: Wed Jun 14 2006 - 17:42:53 CDT

Via Fergie's Tech Blog: http://fergdawg.blogspot.com/


More than three out of every four of the world’s largest financial
institutions experienced an external security breach in the past year,
a dramatic increase over 2005, a new survey has revealed.

The fourth annual poll, released today by Deloitte Touche Tohmatsu,
found that 78 percent of the world's top 100 financial services
organizations that responded to the survey confirmed a security breach
from outside the organization, up from just 26 percent in 2005. The
survey also learned that nearly half of the organizations experienced
at least one internal breach, up from 35 percent in 2005.

Phishing and pharming were responsible for 51 percent of the external
attacks, while spyware and malware accounted for 48 percent. Meanwhile,
insider fraud was responsible for 28 percent of the internal breaches
and customer data leaks were to blame for 18 percent.


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