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With Economic Slump, Concerns Rise Over Data Theft

42 percent of IT decision makers say laid-off employees represent biggest IT security threat caused by recession. 36 percent said they were worried about security problems caused by employees in financial stress. Security breaches will go up as a result of the downturn, especially as companies try to trim information security costs. An average security breach results in a loss of $4.6 million in intellectual property and costs about $600,000 to clean up, McAfee CEO Dave DeWalt says. An economic slowdown can create other computer security problems too.”]

Source: https://www.csoonline.com/article/2123666/with-economic-slump–concerns-rise-over-data-theft.html

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