The "Banking Confidence Survey" is live now and may be accessed at: https://www.bankinfosecurity.com/surveys.php?surveyID=2.
In many ways, it's easy to quantify the effects of the current economic crisis. The fall of the large investment banks; Wall Street's historic losses; the closing of 15 banks so far this year, including Washington Mutual - the largest bank failure in history.
But how do you measure what is perhaps one of the greatest losses - the perceived loss of consumer confidence in their banking institutions?
Banking institutions everywhere are hearing the same question from their customers: "Is my money safe?"
Yet, how are institutions responding?
The goal of this quick survey is to answer that question by using respondents' input to:
- Gauge the extent of this lack of confidence;
- Show how banking institutions are tackling the challenge;
- Identify their immediate business priorities, as they rebound from hard times.
Survey results will be presented in an upcoming special report from Information Security Media Group.
The Banking Confidence survey is the latest major research initiative from ISMG. Previously, ISMG has studied Application Security and Identity Theft Red Flags Rule compliance, and the State of Banking Information Security 2008 (https://www.bankinfosecurity.com/survey.php) was administered last winter, resulting in a report that set the agenda for banking institutions' regulatory, security and management challenges for this year.