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Security Professionals Increasingly Talking to Boardrooms

DATA PROTECTION—U.S.

April 25, 2012

Financial Times reports on data security's ascension to the top of not only IT professionals' worry lists but corporate boardrooms' as well. "I am spending much more time talking to company boards these days," said Mark Lobel of PricewaterhouseCoopers, who adds that hackers' attack methods are becoming increasingly sophisticated and their targets more widespread. "The defense industry became aware of it first, but now the public is becoming aware that anyone with intellectual property is a target," he said. A recent study found that malicious attacks cost 25 percent more in response costs than other breaches, and organizations employing chief information security officers reduce costs by 35 percent per compromised record. (Registration may be required to access this story.)
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