US ill-prepared to recover the Internet

The US is ill-prepared for a cyber catastrophe, with significant ambiguities in public and private sector responses that would be needed to restore and recover the Internet following a disaster, according to a new Business Roundtable report released last week.

The report, "Essential steps to strengthen America`s cyber terrorism preparedness: New priorities and commitments", highlights three significant gaps in response plans to restore the Internet: an inadequate early warning system, unclear and overlapping responsibilities and insufficient resources.

The report concludes that the US is not sufficiently prepared for a major attack, software incident or natural disaster that would lead to disruption of large parts of the Internet, reports Continuity Central.

The world`s largest financial institutions have reported an increase in the number of security attacks over the past year, reports Irish Dev.

More than three-quarters of respondents to Deloitte`s 2006 Global Security Survey (78%, up from 26% in 2005), confirm a security breach from outside the organisation and almost half (49%, up from 35% in 2005) experienced at least one internal breach.

The research found evidence of the financial sector taking steps to fend-off the increasing threats. This year, fighting identity theft and account fraud (58%), along with identity management (41%), made it into the top five security initiatives for 2006.

Eze Castle Integration, outsourced IT services provider, has released its Eze Business Continuity Portfolio, according to Bobs Guide.

The portfolio provides managed IT and consulting services that provide protection for critical information and systems for hedge funds and investment firms.

The company is immediately offering its expanded Eze Disaster Recovery Services (Eze DR) with three options: Eze DR Silver, Eze DR Gold and Eze DR Platinum that allow firms to tailor their business continuity plan, based on strategy and budget.