Counting the Cost of Cyber Crime
by Colm Murphy - Technical Director of Espion - Monday, 18 June 2007.
Loss of reputation is probably the most contentious issue, and the one that the majority of security technology vendors tout as the ‘justification’ for purchasing their products. And don’t forget insurance deductibles. Our friends in TKX have sweaty palms at the very thought. And if you ask me, rightly so.
Predictably, I will end by saying that it pays to invest upfront in IT security, be it technology, training, policy initiatives or prevention mechanisms. In fact, we might even be able to prove it.