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by Paul Kerstein

Cost of Computer Attacks is Down

News
Jul 20, 20051 min
CSO and CISOData and Information Security

The cost of fighting hackers appears to be dropping for U.S. companies,according to a survey published by the Computer Security Institute andthe FBI. However, attacks involving unauthorized access to data arebecoming much more costly. Networkworldreports that the survey had roughly 700 respondents from government anda variety of industries. The average loss was down 61 percent in 2004,the fourth consecutive year, while the cost of information loss went upfrom $51,000 in 2003 to more than $300,000 in 2004. Statistics alsoshow that hacker activity has given way to the more lucrative pursuitof identity theft. Read more.