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Jeff Goldman
says:
As IT budgets shrink in other areas such as with app development personnel, due to outsourcing, and server hardware, due to the adoption of virtual and the cloud, and we this is compounded with a shrinking economy, businesses are being hit with a onslaught of compliance requirements. This is not to say these requirements are bad in the least, it is just the opposite. The need to protect data is and has been a growing concern and will not ease up in the future.
It is only logical that a captain be assigned to steer the ship of information security/risk compliance departments. It has become pertinent that businesses comply or their business can become greatly negatively impacted. For example, PCI requires businesses that handle credit card information comply with their set of standards or the business will be fined, along with responsible for any losses that occur as a result of their lack of compliance, or possibly unable to do business with the credit card companies all together. Businesses can't afford any of this nor do they desire the reputation of not being secure. Who would do business with a company that is not securely managing your personal information? This focus, brought on by the reality of identity theft, is a huge concern.
As business changes in our "new economy" and our baby boomers retire, the CEOs of today are younger and simply more computer savvy and aware and this is why we see a shift in the chain of command from the popular CIO funneling all IT business to the CEO only. It is the CEO’s job to understand the current business environment and more and more that environment is all about doing business securely. Thank God.
Topic: Executive Suite
The executive suite is a term often used to describe a senior management team
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"Organizations are saying that security is a corporate concern..." Love that! Everyone: every department, every business unit, has an impact on how secure or not an organization is - at the end of the day it affects every individual in the enterprise. More importantly the organizations sentiment to security and culture comes from the head; whether it be the CEO or board. And with buy in from top management we're already taking security to the next level.