Viewing posts tagged Security and Economics
incentive-plan-for-an-information-security-team
Posted by: admin 16 years, 1 month ago
It has occurred to me that you could develop an interesting incentive program for an information security team, assuming that you believe a couple of data points (or can come up with your own) and your primary concern is a data breach. In my opinion, security people are all too often incented only to maintain security - not to optimize the investment in security. Interests need to be aligned.
it-propoganda-i-dont-think-so
Posted by: admin 16 years, 1 month ago
The anonymous CEO blogger has accused me of IT propoganda. Don't worry my feelings aren't hurt ;). Of course, it is in my interest as the CEO of a security firm that more CEOs recognize the value that investing in security brings. However, I would point out a few things that IMO, keep this post from being pure 'propoganda'.
more-breach-cost-estimates
Posted by: admin 16 years, 1 month ago
More data on the cost of cleaning up after a breach, this time from Forrester via InfomationWeek.
The average security breach can cost a company between $90 and $305 per lost record, according to a new study from Forrester Research. The research firm surveyed 28 companies that had some type of data breach.
more-on-low-frequency-high-impact-events
Posted by: admin 16 years, 1 month ago
Adam's post yesterday on the agency problem got me thinking more about low-frequency, high-impact events and their predictability. His post was about Bear Stearns and how employees lost money. The interesting point for me was that those are the people that should have been in the best position to know that the potential for a high-impact event was increasing.
more-on-npv-and-aale
Posted by: admin 16 years, 1 month ago
I had some requests for clarifications on my previous post about AALE and NPV. Hopefully this will clear up the issues.Recent Posts
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