U.S. Businesses Losing Millions From Illegal Interception Of Cell Phone Calls: Ponemon InstituteU.S. Businesses Losing Millions From Illegal Interception Of Cell Phone Calls: Ponemon Institute
Two-thirds of survey participants lack confidence that the proprietary and confidential information conveyed during cell phone conversations is adequately secured in their organizations
March 3, 2010

PRESS RELEASE
PALO ALTO, Calif. --(Business Wire)-- Mar 02, 2010 A survey released today by the Ponemon Institute (www.ponemon.org), on behalf of Cellcrypt (www.cellcrypt.com), reveals that large and medium businesses are putting themselves at risk as a result of cell phone voice call interception.
According to a survey of seventy five companies and 107 senior executives in the United States, it costs U.S. corporations on average $1.3M each time a corporate secret is revealed to unauthorized parties. 18% of respondents estimate such losses to occur weekly or more frequently, 61% at least monthly and 90% at least annually.
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