Millions lost due to illegal interception of cell phone calls


net-security.org
A survey released today by the Ponemon Institute on behalf of Cellcrypt, reveals that large and medium businesses are putting themselves at risk as a result of cell phone voice call interception.

According to a survey of seventy five companies and 107 senior executives in the United States, it costs U.S. corporations on average $1.3M each time a corporate secret is revealed to unauthorized parties. 18% of respondents estimate such losses to occur weekly or more frequently, 61% at least monthly and 90% at least annually.

67 percent of IT practitioners surveyed lack confidence that the proprietary and confidential information conveyed during cell phone conversations is adequately secured in their organizations and 85% believe voice data security is at least as important as other security issues faced by the business. Moreover, 80% believe that the organization would not discover the wrongful interception of a cell phone conversation that revealed valuable corporate secrets.

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