TechnologyAccounting SoftwareCorporate cybercrime goes unreported

Corporate cybercrime goes unreported

According to a survey by security consultant Defcom companies are deciding to protect their reputations instead of reporting hacking to the police.

Link: Hacking special report

More than two thirds of those surveyed cited a fear to corporate image as a reason for not reporting cyber crime.

Defcom said typical unreported security breaches include the fairly trivial such as defacement of corporate websites to the more serious hacking attempts on firms’ databases, according to the BBC.

Nearly half of company directors are not made aware of security breaches and 80% of firms rely on employees to keep themselves up-to-date with computer security procedures and policies.

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