Back in October, I was speaking as part of a panel discussion when someone asked about the role security issues should play when an organization is entering into a joint venture. It’s an interesting question and an area where I’ve had some experience.
With economic conditions being what they are today, we’re seeing more companies wanting to rapidly enhance their portfolio or geographic footprint. And many are looking to joint ventures to expand their businesses to meet the demands of the market. But there is always a cost associated with this type of a business decision. Usually, company executives are more focused on the potential revenue growth associated with joint ventures, rather than the increased risk inherent when joining two or more companies together. So it falls to the CSO to ensure that the security risks are properly measured and articulated to the C-level suite so that a proper and informed decision can be made.