It seems no matter how many companies make the news because of IT security problems—recent victims and foul-ups include AOL LLC, AT&T Inc., Sovereign Bancorp Inc., the TJX Companies, UCLA and Verizon Wireless—the perceived state of security resembles Garrison Keillor’s mythical Lake Wobegon, the town “where all the women are strong, all the men are good-looking, and all the children are above average.” ccording to this year’s security survey, most IT executives still say their corporate security is strong, risk of a breach is moderate or low, and confidence in their ability to fend off attacks is rising. About 85 percent of our 187 respondents feel certain they can keep their company’s money safe from thieves’ clutches. But these assurances seem increasingly naïve as time goes on.