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IT Execs Concerned About Retribution Attacks

November 20, 2009 by David Hood
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A recent article in Bank Systems and Technology paints a concerning picture of the insider threat at institutions across the globe. The 12th annual Ernst and Young Global Information Security Survey found that 75% of senior IT executives fear reprisals for terminating employees. The concern is especially poignant in these difficult economic times.

One particularly alarming stat in the survey is that only 26% of respondents state they are already taking steps to mitigate the risks associated with an attack. Given the high cost and negative impact of an internal attack on a company's brand, this is a fraud category that simply cannot be ignored. The Ernst and Young research surveyed 1,900 executives in 60 countries.


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