Britain spends £ 10000000000 a year to try to mount the crime

2010 May 7
by admin

PricewaterhouseCoopers (PwC), a professional services firm, has found that 61% of large companies increased by an attempt to infiltrate their IT systems, and this growing trend is costing about ten million pounds per year business in Britain, according to Reuters April 27, 2010 . Large firms are faced with 45 incidents per year on average. Two years ago the number of incidents was 15. It is expected that this upward trend will refer to companies in the country that they may have to face penalties of almost 500 000 pounds of any breach of the Data Protection Act. The famous Conficker mask, believed to have infected more than 7 million systems worldwide, has been a major concern for businesses in 2009, was among the infected computer system in the House and the Ministry of Defence. PwC found that approximately 92% of large companies surveyed in the United Kingdom met with some form of information security incidents in 2009. These events include accidental leakage of confidential information and attack by cybercriminals, according to data from FT. com April 28, 2010. The costs for dealing with such incidents is increasing rapidly. On average, to deal with the worst, it costs between £ 280,000 and £ 690,000. In 2008, the cost to remedy the £ 90,000 to £ 170,000 According to Chris Potter, one of the authors of the report and partner at PwC, many of the arguments raised in the election campaign back on the development of six billion pounds spending in the economy, but more than £ 10 billion spent on dealing with computer crime, according to news published by the Financial Times. com April 28, 2010. PwC estimates, nearly 34% of UK companies rely on external hosting bad software solutions available on the Internet. Only 17% of companies use cloud computing services is to protect their data using encryption. According to research in the coming years, the conventional view of data security will not be sufficient due to the increasing threat landscape. Instead, companies would be required to realize the importance of a broader strategy that can provide a competitive advantage and differentiation. For companies that refuse to adapt to things like the cost of supplier and market share losses, the cost of inaction will increase with time.

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