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October 28, 2012 07:05 am

Cash-Strapped States Burdened By Expensive Data Security Breaches


CowboyRobot writes "As budgets are pinched by reduced tax collection, many U.S. states are facing a possibility of not being able to handle the ever-increasing number of data breaches. 70% of state chief information security officers (CISOs) reported a data breach this year, each of which can cost up to $5M in some states. 'Cybersecurity accounts for about 1 to 2 percent of the overall IT budget in state agencies. ... 82 percent of the state CISOs point to phishing and pharming as the top threats to their agencies, a threat they say will continue in 2013, followed by social engineering, increasingly sophisticated malware threats, and mobile devices.' The full 2012 Deloitte-National Association of State Chief Information Officers (NASCIO) Cybersecurity Study is available online (PDF)."

Read more of this story at Slashdot.


Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/K5JA8iZiYOs/cash-strapped-states-burdened-by-expensive-data-security-breaches

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