CIO Survey
Securing company information
Are companies too complacent when it comes to cyber security?
01 March 2012
The R42-million Postbank heist that delivered a very merry New Year for its perpetrators has refocussed attention on IT security.
A stuff -up of such monumental proportions proved the bank’s cyber security was inadequate, allowing a syndicate to withdraw vast amounts of cash from ATM machines for three days running. An unnamed banking security expert told the Sunday Times: “The Postbank network and security systems are shocking and in desperate need of an overhaul. The intrusion detection systems on its servers were obviously not working properly.”
ITWeb Premium
Get 3 months of unlimited access
No credit card. No obligation.
Already a subscriber
Log in