ISR News: Recession Crimps Security
Excerpts from ZDNet Asia’s Vivian Yeo
Businesses in Asia that are driven by the recession to strive for leaner, meaner IT, need to consider how their cost-cutting impacts security, warn industry experts. Even as frugality is expected of IT departments this year, the move to options that support cost-cutting–including software-as-a-service (SaaS) and cloud computing–should be assessed for risk to the business, said Lawrence Ong, regional business manager for security at Datacraft Asia.
An IT risk assessment is something that businesses cannot do without this year, he added. “In IT security, risk management is dependent on the risk assessment process, which usually involves identifying threats, determining vulnerability to threats, the impact of threats and the likelihood of threats occurring.”
Judy Wu, IDC’s research manager for infrastructure software in the Asia-Pacific region, added that risk management will be a “top concern” for many large enterprises in the region, and such companies will adopt a “more disciplined” approach tapping on frameworks such as Cobit (Control Objectives for Information and related Technology), ISO 27001 and ITIL (IT Infrastructure Library). A significant number will “conduct periodic vulnerability assessments to identify the risk level, security posture and ensure policy compliance,” she said.
Filed under: D&O Liability, Financial, Government, ISR News, Insider Threat, PCI, Sarbanes-Oxley, Uncategorized, hackers, identity-theft, malware, national security, privacy
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Conspirama on
Sun, 18th Jan 2009 4:22 pm
ISR News: Recession Crimps Security : Information Security Resources…
Businesses in Asia that are driven by the recession to strive for leaner, meaner IT, need to consider how their cost-cutting impacts security, warn industry experts. Even as frugality is expected of IT departments this year, ……
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