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83% Of Financial Sector Admits Security Breaches |
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May 28, 2004
By Gregg Keizer TechWeb News
Security attacks at major financial institutions more than doubled over a year ago, said a survey released Thursday of leading global banks, securities firms, and insurance companies.
The survey, the second such conducted by the consulting firm Deloitte & Touche LLP, discovered that an amazing 83 percent of financial services firms acknowledged that their IT systems had been compromised by attacks from the outside in the past year. In 2003, only 39 percent of the companies surveyed admitted to a breach.
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