RealNews

Report: Computer intrusion losses waning

Computer intrusions are on the decline for the third year in a row, at least among respondents to an annual survey conducted by the Computer Security Institute (CSI) and the FBI’s computer crime squad. Nearly 500 computer security professionals in U.S. corporations, government agencies, financial institutions, medical institutions and universities responded to the 2004 survey, with 53 percent reporting that their organization experienced unauthorized use of computer systems during the prior 12 months — down from 56 percent in 2003. Thirty-five percent believed they had not been breached, and 11 percent said they didn’t know. Overall financial losses totaled out to $141 million for the 269 respondents willing to quantify their losses, down significantly from 251 respondents reporting $202 million in losses in 2003. Full Story

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