Companies should improve IT security, says FSA
25/04/2008 14:10:44
The Financial Services Authority (FSA) has urged UK companies to do more to ensure that their data is secure.
Following a review of information security at 39 organisations, including banks, building societies, insurance companies and financial advisers, the FSA concluded that many firms still do not take the risks of data loss and fraud seriously enough.
Speaking at the FSA's annual conference on financial crime, Philip Robinson, director of the FSA's financial crime and intelligence division, said: "It is worrying that despite increased public awareness of the impact that identity theft can have on customers, many firms are still not taking this risk seriously."
He added that customers have a right to feel that business are doing all they can to ensure that their information is being kept safe.
This news follows reports that a UK association of penetration-testing providers has been launched by the IT security industry.
IT Pro stated that the Council of Registered Ethical Security Testers will provide standards and professional qualifications in the IT security field.
