Sifma members lose confidence in risk capabilities

Suzanne Duncan of IBM

The percentage had been 5% before the financial crisis of 2008 and has dropped below 1% in the most recent update, said Suzanne Duncan, industry leader, financial markets, at the IBM Institute for Business Value.

The survey participants were about half IT professionals and half line-of-business professionals, according to Duncan, and about half small and mid-size firms and half large firms. Large firms were defined as having more than 5,000 employees, mid-size firms had 1,000 to 5,000 employees,