Data Security Gives IT Professionals Insomnia

Fraud is a fact of corporate life today, as the latest Kroll Global Fraud report notes, somewhat ominously, in its opening pages.

The average company's losses to fraud increased by 22 percent since last year, and the average business lost US$8.2 million to fraud during the past three years (last year's figure was $7.6 million).

Those sobering statistics are from a recent survey of 890 senior executives worldwide, commissioned by risk consultancy Kroll. So what's keeping executives up at nights, besides the slumping economy and financial crises?