White Papers for Federal Financial Institutions Examination Council (FFIEC)

Keep Your IT Infrastructure and Assets Secure

IBM

More business transactions occur electronically every year, and mid-sized organizations are retaining a growing volume of sensitive data. This data is available to an expanding user base, including employees, trading partners, suppliers and customers. IT infrastructures are more extensive, more complex, more distributed—and more accessible. This accessibility is making organizations susceptible to attacks and intrusions from ever-increasing and evolving threats. Hybrid threats and sophisticated, profit-driven hackers are increasingly bypassing traditional security defenses like firewalls and anti-virus scanning.

When an attack compromises data, an organization faces customer service issues and lost revenue, data and productivity, some of which might be unrecoverable. In many industries, there is also the requirement to retain data to comply with government regulations and audits—losing this data to an external threat or insider attack could create severe consequences to your bottom line and reputation in the form of fines or even the closing of your business. In a recent McAfee poll of 1,400 IT professionals with at least 250 employees in their companies, one-third said that a major security breach could put them out of business.

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