PwC releases – The global state of information security 2007

PwC has released a publication titled “The global state of information security 2007”, which can be downloaded here and in particular the Financial Services industry specific results can be downloaded here

Key findings for the Financial Services sector results are:

-As the global regulatory environment becomes more complex, gains in protecting data privacy have slowed.
-The “insider threat” may actually be growing.
-Dedicating more resources to protecting data is becoming an increasingly strategic priority.
-Measurement and monitoring: Rules are only effective if they’re followed.
-Outsourcing processes to third parties doesn’t transfer risk — it often increases it.

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