Return-Path: <sentto-279987-3775-1004935507-fc=all.net@returns.groups.yahoo.com> Delivered-To: fc@all.net Received: from 204.181.12.215 [204.181.12.215] by localhost with POP3 (fetchmail-5.7.4) for fc@localhost (single-drop); Sun, 04 Nov 2001 20:47:07 -0800 (PST) Received: (qmail 2891 invoked by uid 510); 5 Nov 2001 04:44:13 -0000 Received: from n27.groups.yahoo.com (216.115.96.77) by 204.181.12.215 with SMTP; 5 Nov 2001 04:44:13 -0000 X-eGroups-Return: sentto-279987-3775-1004935507-fc=all.net@returns.groups.yahoo.com Received: from [10.1.1.224] by n27.groups.yahoo.com with NNFMP; 05 Nov 2001 04:45:07 -0000 X-Sender: fc@red.all.net X-Apparently-To: iwar@onelist.com Received: (EGP: mail-8_0_0_1); 5 Nov 2001 04:45:07 -0000 Received: (qmail 57693 invoked from network); 5 Nov 2001 04:45:07 -0000 Received: from unknown (216.115.97.171) by m6.grp.snv.yahoo.com with QMQP; 5 Nov 2001 04:45:07 -0000 Received: from unknown (HELO red.all.net) (65.0.156.78) by mta3.grp.snv.yahoo.com with SMTP; 5 Nov 2001 04:45:07 -0000 Received: (from fc@localhost) by red.all.net (8.11.2/8.11.2) id fA54jc002626 for iwar@onelist.com; Sun, 4 Nov 2001 20:45:38 -0800 Message-Id: <200111050445.fA54jc002626@red.all.net> To: iwar@onelist.com (Information Warfare Mailing List) Organization: I'm not allowed to say X-Mailer: don't even ask X-Mailer: ELM [version 2.5 PL3] From: Fred Cohen <fc@all.net> X-Yahoo-Profile: fcallnet Mailing-List: list iwar@yahoogroups.com; contact iwar-owner@yahoogroups.com Delivered-To: mailing list iwar@yahoogroups.com Precedence: bulk List-Unsubscribe: <mailto:iwar-unsubscribe@yahoogroups.com> Date: Sun, 4 Nov 2001 20:45:38 -0800 (PST) Reply-To: iwar@yahoogroups.com Subject: [iwar] [fc:Cybercrime.threat.to.firms] Content-Type: text/plain; charset=US-ASCII Content-Transfer-Encoding: 8bit Cybercrime threat to firms Terry Murden, Sunday Times, 11/2/2001 http://www.sunday-times.co.uk/news/pages/sti/2001/10/21/stibscbsc01003.html SCOTTISH companies believe they are facing a growing risk from fraud by their management and employees - and cybercrime is identified as an increasing threat. Economic crime is believed to be as great or greater than it was five years ago, according to 85% of those surveyed by Price Waterhouse Coopers (PwC). Half of the respondents had been hit by economic crime in the past five years. Of those, 22% had experienced embezzlement (employee fraud), 10% were subject to a breach of trust (management fraud) and 6% suffered from cybercrime. Cybercrime accounted for only a small percentage of crime, but 27% of respondents said it was a concern. "Few traditional frauds like embezzlement, extortion or bribery have the potential to take out a company's trading ability, reveal data or destroy market reputation and customer confidence like cybercrime, and companies are quite rightly concerned," said Mark Graham, economist at PwC. Of those hit by crime, 64% said it had financially damaged the company. Economic crime has cost one-third of companies more than £10,000 each in the past five years, although experts believe this is an underestimate. The survey among Scottish owner-managers, conducted on behalf of The Sunday Times after the attacks in America on September 11, also reveals that consumer confidence - the main driver of the economy - has started to crack because of the terrorist incidents. Almost one-third of companies (up 10% from the previous quarter) said the level of consumer confidence was limiting their company's grow. Other factors affecting growth were the stability of the British economy (31%) and political uncertainty (24%). These figures were double those of the previous quarter. Only 10% of companies said their market was growing, the lowest proportion in three years. ------------------------ Yahoo! Groups Sponsor ---------------------~--> FREE COLLEGE MONEY CLICK HERE to search 600,000 scholarships! http://us.click.yahoo.com/Pv4pGD/4m7CAA/ySSFAA/kgFolB/TM ---------------------------------------------------------------------~-> ------------------ http://all.net/ Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
This archive was generated by hypermail 2.1.2 : 2001-12-31 20:59:58 PST