Blade Watch

Computer Weekly

Security is a top priority for businesses despite the economic downturn, says Howard Schmidt, president and chief executive of the Information Security Forum (ISF).

“Many organisations have realised that data is the most important business asset in the modern world,” he told an ISC2 security conference in London today.

This is driving a move away from simply strengthening the security of IT systems to concentrating on the data itself and reducing the vulnerabilities.

Priorities for security professionals include developing and using applications that are more securely designed and written.

“As long as we are producing and using software with inherent security vulnerabilities we will continue to live in the past,” said Schmidt.

It’s data security not just in terms of legislation and exposing customer/private data, it’s the cost of loosing proprietory market or application data that could expose your business to unnecessary loss or damage to branding. I wonder if we’ll see this have any affect in the financial sector, particularly as I read the FSA (Financial Services Authority) in the UK are meant to be looking more closely at things.

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