Major IT failure, business and computer fraud

Insurance Age staff
01 May 2003

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Major IT failure, business and computer fraud, risk of fire, andunexpected loss of key personnel are the big issues that are keepingBritish businesses awake at night.

These are the findings of a survey of 'corporate fears' in the UKconducted by Grant Thornton's Forensic and Investigations Servicespractice. Worryingly, it discovered that 30% of businesses lacked anycontingency plans, while almost half (48%) of the firms surveyed were notinsured against risks they themselves identified as

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