Computer attack losses drop.(Tech Talk)(Brief Article)

Security Management, September, 2003

The financial loss caused by significant computer attacks in 2002 declined by 56 percent from 2001, even though the number of attacks was roughly the same in both years, according to the latest Computer Crime and Security Survey.

The survey, conducted by the Computer Security Institute (CSI) and the FBI, looks at issues ranging from the types of security technologies used to how likely companies are to report computer intrusions. The latest report was based on data collected from 530 respondents, representing organizations from large corporations, government agencies, and universities.

Only 251 of the respondents who acknowledged financial losses could quantify them. The total reported loss of $202 million was far below the almost half-billion dollars...

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