UK banks ignore security audit findings

Some UK corporates routinely ignore the findings of security audits treating them solely as a necessary step to satisfy corporate governance regulations, according to an experienced penetration tester.

Tim Ecott, managing consultant at security integrator Integralis, explained that banks and other financial institutions are told they have to carry out a penetration test to comply with audits. In some cases - perhaps five per cent - Ecott and his team discover the same faults every time. "The findings of our reports are not followed up on either by the firms themselves or their auditors. We're not talking about critical security flaws but certainly about things that need fixing and leave firms open to attack," he said.


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