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Exploring the science and magic of Identity and Access Management
Monday, October 23, 2017

InfoSec Evolution – At What Cost?

Information Security
Author: Mark Dixon
Friday, August 4, 2017
12:00 pm

Riskmanagement

As I read a recent Risk Management Monitor article “Companies Must Evolve to Keep Up With Hackers,” I couldn’t help but think – at what cost?  Perhaps you can calculate the amount a company spends on tools and processes to defend against cyberattacks, and perhaps even justify that expense by attempting to estimate the cost of a data breach were it to occur.

But what about cost of lost opporutunity?  Has anyone tried to estimate how much time, attention and resources are diverted from managing and innovating in the core business to defend against cyberattacks? I would guess that such diversion robs more from the overall business than the more visible expenses that show up on a balance sheet – which is growing at an alarming rate.

So, Mr. or Ms. Hacker, whoever you are, you are robbing our society blind – in ways that are really tough to measure. Man up and do something productive for a change!

 

P.S., Jerry Dixon, author of the article, is not related to me that I know of, but he writes a good article!

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