Greg Hale, ISSSource.com

Cyber Crooks Have Edge

Less than 6 percent of respondents were “highly confident” that private enterprises have sufficient controls in place to minimize the occurrence of cyber crime. Almost 40 percent of respondents are “not confident” in controls implemented by private enterprises. Results from a cyber crime prevention webcast done by Deloitte showed an even split among respondents regarding whether or not their organization was likely to experience an electronic security breach in the next 12 months. Of those polled, 41.7 percent believed it was “likely” or “extremely likely” that an electronic security breach would occur in this time frame, while 38.4 percent felt it was “unlikely” or “extremely unlikely.” “Cyber crime is far more common and creates a larger threat than respondents may recognize,” said John Kula, director in the forensic & dispute services practice of Deloitte Financial Advisory Services.