Thursday, December 11, 2008

Bad Economy = Watch Your Corporate Assets

Two stories today warn employee crime increases during tough times.
Businesses Say Theft by Their Workers Is Up
Companies Find That Trusted Employees Often Commit the Crimes, and They Believe the Recession Is to Blame (more)

Economic Woes May Bring out the Worst in IT Staff
IBM Corp.'s ISS X-Force research team reports that its Web-based monitors have picked up a 30 percent increase in network and Internet-related security events in the last 120 days. Worldwide, the total number of such events has risen from 1.8 billion to 2.5 billion. "With a little planning and forethought, a disgruntled employee can do a lot of damage with little fear of being caught and prosecuted," said IBM security expert Gunter Ollman... (more)

Biggest return for the lowest risk... your intellectual property and privacy. Keep alert. Conduct information security audits regularly.