I have to agree, 

 

Security is "viewed" as a negative, because its always been about what
you shouldn't do, or couldn't do, instead of a "risk proposition" it
really should be "viewed" as. 

 

What is your ROI on security? Well ask how much a breach known to the
public/regulators, etc etc will cost your company both from the
fines/penalties levied due to non-compliance and then try and estimate
the residual losses from brand loss/tarnished company image, paying for
credit reporting for hundreds if not thousands of individuals who you
just lost there PHI/EPHI, CC card numbers or some other critical piece
of information due to a lack of due-diligence and due-care, or the
lawsuits that will have to be settled due to said information loss. 

 

Now can we say this will never happen if you maintain a high level of
security? "NO" but you will be less at "risk" and better positioned if
the aforementioned above was to come to pass, and better able to defend
yourself in lawsuits, court of law, etc etc than you would be if you
just played the "ostrich defense" or totally ignored the security
aspects which would show gross negligence and lead to a host of other
issues. 

 

So getting the business to reduce the risk of their operations to an
acceptable level, comply with the current and future regulations/laws is
a task in its own rights. You should also strive to build your systems
with tenets of security in mind ( Confidentiality, Integrity and
Availability) along with practicing Least privilege and segregation of
duties, and then tie it all up with auditing your infrastructure and
properly risk-managing them through the information life-cycle. 

 

Sincerely,

EZ

 

Edward E. Ziots

CISSP, Network +, Security +

Network Engineer

Lifespan Organization

Email:[email protected]

Cell:401-639-3505

 

From: Jonathan Link [mailto:[email protected]] 
Sent: Tuesday, February 22, 2011 2:34 PM
To: NT System Admin Issues
Subject: Re: Security ROI - comment on this please

 

That's just dumb.

 

The Myth, well, I don't know who's been saying that security produces
ROI, I'd never heard of that myth.  Protects revenue generation, is as
far as I'd define security processes in this context.  The "fact" is
interesting.  Is inurance a negative deliverable, too?  Do business
waste money on insurance?  As MBS, ASB and others indicate, it's about
risk mitigation.

Lawsuits and other costs related to a data breach are the true negative
deliverables.


 

On Tue, Feb 22, 2011 at 1:53 PM, David Lum <[email protected]> wrote:

This is on a Powerpoint that just came to my desk:

 

Myth: Security produces ROI

   Fact: Security is a negative deliverable

        1.     Produces no revenue and creates no efficiencies

        2.     Although limits possibilities that a future negative
fallout will happen

 

David Lum // SYSTEMS ENGINEER 
NORTHWEST EVALUATION ASSOCIATION
(Desk) 503.548.5229 // (Cell) 503.267.9764

 

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