Locks and Security News: your weekly locks and security industry newsletter
18th September 2019 Issue no. 475
Your industry news - first
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Cybercrime No. 1 fear for commerce
Cybercrimes have become the No. 1 worry of publicly traded U.S. companies, in terms of potential litigation and financial losses, according to a recent survey of the Chubb Group. Fully, 63 percent of the respondents said they were most concerned with losing customer or employee data through an electronic security breach.
In an article in PC Advisor an insurance company data breach that exposed 1.1 million people to identity fraud exemplifies the kind of cybercrime that companies increasingly fear will land them in civil court.
19th December 2012