Cyber-Attack Costs Down, Says Survey
The amount of money that U.S. businesses and other organizations lose to digital attacks has dropped more than 50 percent since 2002, according to survey from the Computer Security Institute and the FBI.The amount of money that U.S. businesses and other organizations lose to digital attacks has dropped more than 50 percent since 2002, according to the latest survey from the Computer Security Institute and the FBI. And, the percentage of organizations that detected unauthorized use of their systems fell to 56 percent from 60 percent a year earlier. The 2003 survey also shows that companies are still failing to report most of their intrusions and attacks to law enforcement. Only 30 percent of the surveys respondents said they had contacted the authorities after an attack, a drop from 34 percent a year ago. Negative publicity and fear that competitors would use the information to their advantage were the top two reasons organizations cited for failing to talk to law enforcement after an attack. Among the most frequently seen attacks, viruses, laptop misuse and unauthorized access by insiders continued to lead the way, according to the survey. Fully 82 percent of all respondents reported being hit by a virus, which is down somewhat from 85 percent in 2002. But the most surprising result of the survey is clearly the dramatic drop in the estimated financial costs of the reported attacks.
The 530 organizations surveyed reported $201.8 million in losses this year; in 2002, 503 respondents lost $455.8 million.