Analysis: Experts discuss security in a recession
Benchmarking study highlights where firms are failing.
A recent benchmarking study suggests that much work still needs to be done to ensure that a combined IT and corporate security function is adequately prepared to protect businesses from 21st century threats.
The consultancy firm PricewaterhouseCoopers (PwC) approached 10 of its FTSE 100 clients to carry out the study, finding that many lacked a joined up approach to security which led to silos in IT security, as well as other areas like anti-terrorism and intellectual property infringement, without any cohesion.
“The ability to restore business processes in a timely fashion could have been improved across the board, especially when you see how many third parties are going to the wall,” said Steve Wright, security and business continuity management leader at PwC. “We found that they didn’t seem to do enough risk analysis.”
