Schneier explained that due to economies of scale and a lack of resources and technical skills, this makes complete sense. Companies such as Counterpane, Riptech and the company I work for, Fortrex, will continue to be very busy monitoring the security perimeters of Internet-connected companies. We are moving in the right direction by spending time and money on information security. The final presentation, from Rhonda MacLean, senior vice president for information security for Bank of America , focused on the successful program her company has implemented. MacLean's major focus was once again the theme of finding solutions through people and processes as opposed to technology.
Information security enables business units to meet customer requirements.
Risk management is the way to develop cost-effective solutions. The team must keep current with technology and processes. The entire company must share the responsibility for implementing security.