Federal regulations on cyber security lead to revenue loss

  • 22 September 2014
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By: HNS Staff/ Posted on 22 September 2014.
 
Even though 87 percent those surveyed in the financial service industry agree that current regulatory changes are very important or critical to keeping their companies and industry secure, new federal guidelines were having an adverse impact on their businesses, according to Radware.


http://www.net-security.org/images/articles/radware092014.jpg
Survey respondents revealed that revenue loss (58 percent), business disruption (57 percent) and productivity loss (54 percent) ranked highly as the biggest consequences of new federal guidelines for the financial services sector. Four in ten respondents stated that federal regulations were adversely affecting bottom line results, causing a significant impact to IT CAPEX and OPEX.

 
Help Net Security/ full article here/ https://community.webroot.com/t5/forums/postpage/board-id/news

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