INTERNAL security breaches have overtaken external IT attacks as the biggest threat to the world’s financial institutions as hackers switch their focus from technology to people. Deloitte’s 2005 Global Security Survey of senior security officers at the top 100 financial institutions found less than a third experienced an IT security breach in the past 12 months, down from 83 per cent in 2004. But the extent of internal breaches more than doubled, with 35 per cent encountering attacks from the inside, compared to only 14 per cent in the previous 12 months. Full Story
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