February 13, 2018 Stewart Marshall

Money Makes The World…More Secure?

Money undoubtedly makes the world go around, so I suppose it should come as no surprise that it’s also a significant motivator when it comes to cyber security. Indeed, for those of us old enough to remember the birth of online banking, today’s cyber security conversation bears more than a passing resemblance to the FUD of the late 1990s.

Doubtless we’ll have a similar conversation in a few years from now about something similar.

What is perhaps a little more encouraging is that an IBM study has shown for the first time that the user experience and ease of use now rank second to security, particularly when it comes to finance systems. It seems consumers are happy to jump through a couple of extra hoops if it means that their hard earned lucre is kept safe and sound.

But what if we turn the tables on them? What if we fine users every time they compromise system safety? Would that encourage employees to adopt best practices?

Apparently so!

The love of money may well be the root of all evil, but that doesn’t mean we can’t reap a reward from it.


Today’s Top Takeaway

It’s hard to over state the value of encouraging best security practices.


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