Security researchers in Pittsburgh recently disagreed over how to educate Web users to prevent phishing attacks, but agreed on one thing: most current methods of user education are inadequate.

An annual survey of security practices at 169 financial institutions found that 98 percent of them are spending more on information security this year than last year, and putting a greater emphasis on IT governance.

With the Web becoming central to the way companies do business, cybercriminals are taking increasing advantage of Web 2.0 and social networking sites to launch attacks, according to an IDC analyst.

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