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2005 E-Crime Watch Survey News Item

2005 E-Crime Watch Survey News Item
May 3, 2005 • Article

Results from the 2005 E-Crime Watch survey, conducted among security executives and law enforcement personnel, by CSO magazine in cooperation with the United States Secret Service and the Carnegie Mellon University Software Engineering Institute's CERT® Coordination Center, reveals the fight against electronic crimes (e-crimes) may be paying off.

Thirteen percent (13%) of the 819 survey respondents— more than double the 6% from the 2004 survey—report the total number of e-crimes (and network, system, or data intrusions) decreased from the previous year; 35% report an increase in e-crimes and 30% report no change. Almost one third (32%) of respondents experienced fewer than 10 e-crimes (versus the 25% reported in 2004), while the average number of e-crimes per respondent decreased to 86 (significantly less than 136 average reported in the 2004 survey). Respondents report an average loss of $506,670 per organization due to e-crimes and a sum total loss of $150 million.