CFO Survey: Security Key Concern

Powered by SC Magazine
 

Security surfaced as a major concern for senior financial officers, according to a survey conducated by Computer Sciences Corporation.

More than half of respondents said identifying the appropriate level of security for information and electronic applications was very critical to their organization.

About two-thirds of those surveyed said they were extremely concerned about industry standards and cost of compliance with legislation such as HIPAA. Half were worried about growing IT security expenditures while only a third believe terrorism against their companies is a real threat.

The sixth annual Technology Issues for Financial Executives study by CSC surveyed 607 respondents, 84 percent of whom are the most senior financial executive in their organization. Nearly all of the repsondents are from the U.S. and Canada.

www.csc.com

 

Copyright © SC Magazine, US edition


 
 
 
Top Stories
Innovating in the sleepy super industry
There’s little incentive to be on the bleeding edge, so why is Andrew Todd fighting so hard?
 
How technology will unify Toll
The systems headache formed through 15 years of acquisitions.
 
Immigration breached Privacy Act with data leak
Pilgrim slams "copy and paste" of asylum seeker data.
 
 
Sign up to receive iTnews email bulletins
   FOLLOW US...
Latest Comments
Polls
Who do you trust most to protect your private data?







   |   View results
Your bank
  39%
 
Your insurance company
  3%
 
A technology company (Google, Facebook et al)
  7%
 
Your telco, ISP or utility
  7%
 
A retailer (Coles, Woolworths et al)
  2%
 
A Federal Government agency (ATO, Centrelink etc)
  20%
 
An Australian law enforcement agency (AFP, ASIO et al)
  15%
 
A State Government agency (Health dept, etc)
  6%
TOTAL VOTES: 788

Vote