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UK businesses fail to report cybercrime

Date: April 05, 2007
Source: The Register


A third of UK businesses fail to report information security crimes and breaches, according to a new survey.

The poll of 285 firms, which was followed up by in depth interviews with 20 Chief Security Officers (CSOs) of large enterprises, revealed that IT managers are faced with a dilemma about whether or not to report crime. Businesses are subject to hacking attacks almost daily, ranging from simple port scans and Trojan attacks to more serious assaults.

Managers need to weigh the balance between an organisation’s responsibility to report crime in order to prevent and predict incidents and the possible effects on their reputation from becoming known as a target of hacker attacks.

Protecting a firm's reputation is often the primary concern. "From my experience as a media lawyer, reporting crime to the police is a double edged sword as invariably the press have found out about the incident within 24 hours of reporting it to the police, creating a real PR risk." Says media lawyer Jonathan Coad from Swan Turton.
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2007-04-12 17:24:47 - And how many firms don't even know that... Mike Orton
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