RealNews

Identity breach risk accelerates

Flaws in identity management have huge impact. Security breaches resulting from identity management flaws are rising and creating huge problems for businesses, research shows. Identity management breaches affected one in 10 large companies last year, and half of them said it was their worst security problem of the year, according to the Department of Trade and Industry’s biennial Information Security Breaches Survey 2004. The identity management part of the survey, sponsored by Entrust, found that confidentiality breaches tended to cause long term disruption to businesses, with 15 per cent of those that had been hot, reporting problems that lasted a month or longer. ‘If you compare the problem of identity management to viruses, it’s not growing as fast so the number of organisations that have had a major breach resulting from identity management is not as large,’ said Chris Potter, the PricewaterhouseCoopers partner leading the survey. ‘However, the large sting in the tail is that when people suffer financial fraud, theft or disclosure of confidential information, these breaches tend to be very, very significant to their business,’ he said. Full Story

OODA Analyst

OODA Analyst

OODA is comprised of a unique team of international experts capable of providing advanced intelligence and analysis, strategy and planning support, risk and threat management, training, decision support, crisis response, and security services to global corporations and governments.