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RJ & Makay

Our view of news, events and human capital trends in the financial services industry.
Tags >> theft

Data loss doubles in financial services sector

Posted by RJ and Makay on Oct 25, 2010

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Almost twice DataLossas many financial services companies suffered information theft, loss or attack in the past 12 months than in the previous year, according to a new study by the Economist Intelligence Unit and security company Kroll.

The report found that 42% of financial services companies polled suffered data loss in the past year, compared to 24% in the previous survey. This was a greater a proportion than in any other sector. Across all sectors the incidence of information theft, loss or attack rose from 18% in 2009 to 27.3% in 2010.