We conduct business on the go, from our homes, cars, planes, even restaurants. Success now depends on being able to access, share and use information whenever and wherever needed. At the same time, reliance on the Internet and the flexibility it enables pose new serious threats to the privacy and security of our information. Unauthorized access, piracy and the loss of a laptop are just a few of the ways information is compromised, misused or lost. While the need of protecting information is well acknowledged by financial institutions, many executives maintain their misconception that the threat of intrusion is remote and unlikely to occur.
Nothing gets the attention as fast as tangible violations.
By that time, it is often too late to salvage the compromised digital assets. Our immediate challenge is to capture the attention of the potential users, to enlighten them and demonstrate the ease of use and versatility of our products. This requires a change in perceptions for the need to protect digital assets, and a change in the way information is accessed, retrieved and exchanged. Executives need to weigh carefully the benefits of security with minimal effort versus the probable risk of serious losses.