[ISN] Acceptable Risks (ecommerce/security)

From: mea culpa (jerichoat_private)
Date: Wed Sep 02 1998 - 05:38:52 PDT

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    Forwarded From: rio <rioat_private>
    Acceptable Risks
    In the digital economy, security breaches are inevitable. The
    InformationWeek/PricewaterhouseCoopers global security survey reveals how
    E-commerce is raising the stakes, and how far companies will go to ward
    off intruders
    By Gregory Dalton
    Organizations rushing to build information systems for all forms of
    digital commerce are realizing there's no fail-safe way to secure the free
    flow of data or money. It's like trying to protect the telephone system
    from prank callers, or trying to block spammers from clogging your
    messaging system. 
    Except it's often far worse. Organizations engaged in Web commerce,
    electronic supply chains, and enterprise resource planning experience
    three times the incidents of information loss and theft of trade secrets
    than everybody else. Revenue loss, though not prevalent, is seven times
    more likely to strike Web commerce sites compared with noncommerce sites. 
    These are two of the key findings of the 1998
    InformationWeek/PricewaterhouseCoopers Global Information Security Survey
    fielded this summer in 50 countries and completed by 1,600 IT and security
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