In early April, Wall Street’s oversight committee announced that bank’s oversight of cybersecurity measures at outside firms it does business with remains a work in progress, at best. It cited a survey of 40 banks that found that only about a third require their outside vendors to notify them of any breach to their own networks, which could in turn compromise confidential information of the bank and its customers.
All too easily, there can be a vast disconnect between security and finance. Chief financial officers are looking out for every penny, and security departments can be frequently written off as cost centers. However, there has been growing involvement and partnerships in both directions, with CSOs now successfully proving security’s value to the enterprise and CFOs championing security and cybersecurity initiatives to better mitigate enterprise risks.
What does leadership mean to you? We all have our own ideas about what it means to be a good leader. For example, some people think leadership means guiding others to complete a particular task, while others believe it means motivating the members of your team to be their best selves. But while the definitions may vary, the general sentiments remain the same: leaders are people who know how to achieve goals and inspire people along the way.
Organizations of all sizes and types, from Fortune 500 companies to grassroots non-governmental organizations, periodically turn to strategic planning to reconnect with their core values, articulate their mission and chart goals and objectives to help them achieve their long-term vision.
The Security Industry Association announced the topics of its panels for the upcoming SIA Government Summit, to be held June 8-10, 2015, at the W Hotel in Washington, D.C.
THE 10TH ANNUAL SECURITY 500 Survey is now available online at SecurityMagazine.com/Security500Survey. This annual benchmarking report is designed to give security executives a view of where they stand within their sectors as well as in the industry as a whole.
Does your organization have an active program that conducts reference checking on employees before they are hired? Ownership of the pre-employment vetting process does not often reside with the security function within the organization. Some companies outsource background checks to third party organizations to share the task. Many of these policies are impacted by legislation, and limitations can be imposed on the use of various vetting methods.
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