MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Thursday, June 7, 2007 Insiders May Be A Fund Company's Biggest Security Threat A new study warns financial services companies to be careful of who they trust. Trusted insiders remain a "significant and largely unmonitored risk" at many financial institutions, says a new study by the Ponemon institute. The survey of counted reponses from 649 repondents in U.S and EMEA based business or govermantal organizations. Below is an excerpt of the findings; The survey found that “trusted” insiders’ ability to compromise critical data is the most serious concern for respondent organizations. Despite this concern, fifty-seven percent of those surveyed do not believe that their organizations have taken adequate measures to protect against malicious insiders and fifty-percent do not believe that they have taken adequate measures to protect against “data loss.” This may be of particular interest to those in the fund industry in light of the recent data and laptop from top fund companies. Printed from: MFWire.com/story.asp?s=14635 Copyright 2007, InvestmentWires, Inc. All Rights Reserved |