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
Change is the only constant at iiNet
iiNet's Matthew Toohey is trialling IBM's Watson - between preparing for an acquisition and making sure Netflix doesn't swamp the network.
 
Why straight-through processing is the holy grail for banks
Big benefits from stripping away human intervention and digitising processes.
 
CBA sued over frozen millions in IT bribery scandal
Eric Pulier's not-for profit lodges lawsuit in US.
 
 
Sign up to receive iTnews email bulletins
   FOLLOW US...
Latest Comments
Polls
Should Optus make a bid for iiNet?

   |   View results
Yes
  44%
 
No
  56%
TOTAL VOTES: 670

Vote