Cybercrime costs businesses US$3.8 million per year 

Cybercrime costs businesses US$3.8 million per year

One attack per week.
Businesses detecting ID fraud faster, absorbing more costs 

Businesses detecting ID fraud faster, absorbing more costs

Identity fraud increased by 22 percent last year, but the burden on consumers is lessening, according to a new study.
IBM 'Cheetah 2' mauls data costs 

IBM 'Cheetah 2' mauls data costs

Upgraded Informix can cut data management cost by a third, claims IBM
'Direct' impact of malware down again, but overall costs rise 

'Direct' impact of malware down again, but overall costs rise

Although the "direct" costs of worldwide malware attacks have declined for three years in a row, "indirect" costs have continued to rise, a new report from market research firm ...
Banks file suit against TJX over breach costs 

Banks file suit against TJX over breach costs

Three US state banking associations announced Tuesday that they have filed a joint lawsuit against TJX Companies over "dramatic costs" their 300 members have incurred since the ...
Web fraud costs victims $180M 

Web fraud costs victims $180M

Victims lost more than $180 million in web fraud incidents reported by the Internet Crime Complaint Center (IC3) last year, according to the IC3’s fifth-annual Internet Crime ...
Identity theft costs U.K. £1.7bn every year  

Identity theft costs U.K. £1.7bn every year

New figures from the Home Office have claimed identity fraud costs the U.K. more than £1.7 billion a year.
Virus attacks, recovery costs increase 

Virus attacks, recovery costs increase

Companies and government agencies dealt with more virus "disasters" and spent more time and money recovering from them last year compared to 2003, according to a survey by ICSA ...
No joy as SOX costs more than estimated 

No joy as SOX costs more than estimated

Public companies spent an average of $4.36 million to comply with Section 404 of the Sarbanes-Oxley Act, a 39 percent increase from the $3.14 million they expected to spend, ...
German ISP saves 90% in security costs 

German ISP saves 90% in security costs

German ISP Host Europe has implemented an all-in-one virtual security solution that has saved the firm 90 per cent in operating costs.
Clothing firm saves 80 per cent on IT costs 

Clothing firm saves 80 per cent on IT costs

A mail order clothing firm has saved 80 per cent on IT support and management from implementing an all-in-one security solution.
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