Four in 10 companies don’t enforce security: survey

Posted by Robb Beggs on 08/08 at 10:39 AM

Only 59 per cent of Canadian companies enforce their IT security. Nearly one-quarter of respondents to a recent survey on IT security said their policies were not enforced in an acceptable way. The survey of 300 organizations, conducted by both Telus Corp. and the University of Toronto’s Rotman school of Management, the Rotman-Telus Joint Study on Canadian IT Security Practices, was released Monday. Of the private companies surveyed, respondents lost an average of $294,000 to cyber crime, while the average publicly-traded firm lost $637,000 per year. Government organizations lost an average of $320,000. Greg Meckbach of ComputerWorld Canada (28 Jul 2008), recently report that a study released this week by Telus and the Rotman School of Management found only 59 per cent of Canadian companies enforce their IT security. Nearly one-quarter of respondents to a recent survey on IT security said their policies were not enforced in an acceptable way. The survey of 300 organizations, conducted by both Telus Corp. and the University of Toronto’s Rotman school of Management, the Rotman-Telus Joint Study on Canadian IT Security Practices, was released Monday. Of the private companies surveyed, respondents lost an average of $294,000 to cyber crime, while the average publicly-traded firm lost $637,000 per year. Government organizations lost an average of $320,000. Read the complete story at: http://www.itworldcanada.com/Pages/Docbase/ViewArticle.aspx?id=idgml-4185db56-cb72-4b38&Portal=448d158c-d857-4785-b759-ffa1c005933c&sub=267369

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