After declining in number for the last few years, a new wave of security breaches is hitting UK organisations, costing them billions of pounds, despite the fact that security remains high on management’s agenda and the recession has not dampened spending on security, according to a survey released today by PricewaterhouseCoopers LLP (PwC) at Infosecurity Europe.

Technology has continued to evolve rapidly through greater use of cloud computing and social networks, and public and private sector organisations appear to have a greater understanding of security risks and the need for assurance over them.

Source: Security Watch – Internet Security News: IT security, Business security, Computer security, Network security, and more