Stop wasting money on security

Wednesday, 20 November 2002, 4:22 PM EST

Our network and Internet security programs are generally failing.

While viruses, worms and hacking attacks continue to evolve, the costs of security failure have about doubled for each of the last five years. It has been standard practice for too long for companies to counter this trend by investing in additional security technology. In the end, however, they still lag the hackers and the malefactors of malicious code.

All that's left is a rapidly growing budget with no end in sight to a growing security headache for IT departments.

IT security is all about mitigating organizational risk. No organization, whether it's a private firm or government agency, has unlimited resources to apply to security--especially in the current economic climate.

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