CSI/FBI 2006 Findings: Decreased Losses But Reporting Lags

On the surface, the results of the 11th annual CSI/FBI Computer Crime and Security Survey are positive, with fewer companies reporting financial loss from data breaches compared to last year. But a majority of companies are still reluctant to report security breaches to law enforcement, suggesting that the survey isn't capturing the full extent of the problem.

The Computer Security Institute (CSI) and the San Francisco Federal Bureau of Investigation's (FBI) Computer Intrusion Squad released its 2006 report Thursday after surveying 616 computer security practitioners in U.S. corporations, government agencies, financial and medical institutions and universities. The average loss reported by respondents was $167,713, an 18% decrease over last year's average loss of $203,606.

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