Security is executive's chief fear

More than two-thirds of company executives believe reliable network security is the single most critical factor in successful implementation of converged IP networks, new research has revealed.

More than two-thirds of company executives believe reliable network security is the single most critical factor in successful implementation of converged IP networks, new research has revealed.

The research by the Economist Intelligence Unit and telecoms firm AT&T surveyed 236 senior executives from companies in 50 countries. It found that security is seen as a more critical aspect of network performance than cost, complexity or business disruption.

Some of the most important benefits of convergence, such as closer electronic collaboration with customers and remote working, are also seen as key areas of network vulnerability.

More than 60% of those surveyed reported that processing customer data online exposed their businesses to electronic security breaches, more than any other type of vulnerability. But 62% nevertheless expected to implement IP networks across all or most of their businesses within three years.

The survey found that 89% of respondents feared viruses and worms as the top electronic security threat. But company executives expected the threat from hackers and industrial espionage to grow over the same time frame.

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