The British government has urged companies to take IT security more seriously, amid concern that almost three-quarters of firms have no policy on information security. Speaking at an event in London on Tuesday, e-commerce minister Stephen Timms said it is . . .
The British government has urged companies to take IT security more seriously, amid concern that almost three-quarters of firms have no policy on information security. Speaking at an event in London on Tuesday, e-commerce minister Stephen Timms said it is unacceptable that just 27 percent of companies have an IT security policy, according to a recent official survey. Timms believes that many senior company executives are failing to give enough attention and resources to this critical issue.

"If only 27 percent of companies actually have a policy on this issue then the challenge of engaging the other 73 percent of company boards is a real and important one," said Timms. "This basic failure to set objectives and goals fed through into the survey's findings of a host of management shortfalls -- under-investment, lack of analysis of investment, lack of appropriate personnel policies, security processes and technical security," he added.

Timms was speaking in London at the Information Assurance Advisory Council's third annual symposium, where he also explained that the government is promoting best practice standards to address the issue.

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