Acceptable Risks(II)

I think they are estimating low." In fact, 49% of those surveyed concede they don't know if they were pickpocketed in the past year. Only 28% say they're certain they haven't suffered any monetary loss. If companies improve their detection capabilities via emerging intrusion- detection tools and enhanced measurement criteria, Murphy says, they will become more aware of the losses they're incurring already. And while E-commerce is galloping ahead, he expects the incidence and amounts of financial damages to surge upward, too.
Yet there are effective strategies to consider. Some IT managers are going to considerable lengths to measure the success of their security policies. McKesson Corp., a pharmaceutical distributor, has beefed up its policy and installed double firewalls to provide a secure area where a drugstore chain can have access to information about its accounts. Intralinks, a financial services firm, asks banks on its extranet to adjust their security procedures so that each adopts the highest common denominator. And at VHA Inc., a group of health-care providers and suppliers, IT executives are rethinking their approach to security after building an extranet.
Other companies are doing more encryption and rolling out awareness campaigns to educate employees about information security. Above all, they're making security a priority at the earliest possible stages of new projects.
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