Monday, September 10, 2007

The Executive Permission Conundrum

The Executive Permission Conundrum
C-level executives can suffer from denial, too, and often do so in regards to security policy and practice, says Larry Ponemon of The Ponemon Institute, waiting for a castrophe before taking action that could have saved millions of dollars. IT must demonstrate ROI on three factors, Ponemon advises. ROI calculations for security practices are difficult, but the three main areas of focus are regulatory compliance and the cost of non-compliance, building trust and confidence in the public towards the company as a whole, and building trust and confidence among partners in the company's policies and practices. A "risk heat map" can show executives the reality of their future if they fail to act.
full article BizAnalyst Network
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