Security Breaches Up Sharply at Financial Firms

Well either breaches are up or the honesty level is...even odds on which. Via Reuters UK:

Security breaches rise at financial firms

June 13, 2006
Reuters

More than three-quarters of the world's biggest banks and financial firms suffered an external security attack in the past year and half experienced an internal breach, a survey said on Tuesday.

The 2006 Global Security Survey from advisory firm Deloitte said 78 percent of big financial institutions reported a security breach from outside the organisation in the past year, up from 26 percent the previous year.

More than half of the external attacks were attributed to phishing and pharming, such as problems caused by unsolicited email approaches or account information being divulged to a pirate website...

The article continues here.

--MDT