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Making a return on IT security investment(3)

2017-06-18 18:31 [INVESTING] Source:Netword
Guide:You can't change perceptions until something goes wrong. When they feel a hand on their collar and say 'ouch', that is what changes their perception. Organisations that haven't bought into protecting

"You can't change perceptions until something goes wrong. When they feel a hand on their collar and say 'ouch', that is what changes their perception. Organisations that haven't bought into protecting privacy are running a risk. Something will go wrong and they will come up against the ICO or customers deserting them," he said.

For the past 20 years information security has been treated as an art, not a science, said Leach, but this is changing as more organisations realise that there is a return on investment.

"People followed security standard ISO 27001, but no-one was able to put a money value on how much it costs to do security control. I believe that will change and it should be a science," said Leach.

By approaching information security in a different way and solving the return on investment problems, Leach said organisations will benefit. "You can work out the return on investment for information security measures and demonstrate this," he suggested.

This was last published in June 2010

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