Cash-Strapped States Burdened By Expensive Data Security Breaches

CowboyRobot writes "As budgets are pinched by reduced tax collection, many U.S. states are facing a possibility of not being able to handle the ever-increasing number of data breaches. 70% of state chief information security officers (CISOs) reported a data breach this year, each of which can cost up to $5M in some states. 'Cybersecurity accounts for about 1 to 2 percent of the overall IT budget in state agencies. ... 82 percent of the state CISOs point to phishing and pharming as the top threats to their agencies, a threat they say will continue in 2013, followed by social engineering, increasingly sophisticated malware threats, and mobile devices.' The full 2012 Deloitte-National Association of State Chief Information Officers (NASCIO) Cybersecurity Study is available online (PDF)."

Re:not being able to handle?

[Jane Q. Public]

"... and private business has done the worst job of all because they disclose everything, just not intentionally.

There. FTFY.

This will be SOOO fixed with RomneyCare!

[LostMyBeaver]

If Romney gets in, cash strapped states can siphon off the health care budget and then ask for more. Best thing about leaving it up to the states to manage their own budgets is that they generally have so much extra cash laying around that they shouldn't have a problem with it.

Kinda lame that Obama thinks it's a better idea to have central control over it. How the hell are states going to properly misappropriate funds if we don't give it to them in the first place? I know I sure as hell don't want to pay taxes to carry the burden of the poor... like Mississippi.