Feeds

Immature tech likely to get lucky in credit crunch

Security pros: 'Uh oh'

Choosing a cloud hosting partner with confidence

The credit crunch is likely to produce changes in IT spending priorities that may create additional security risks.

Tim Mather, RSA Conference chief strategist, said technologies such as open source, virtualisation, inter-organisation VoIP and cloud computing will gain traction as organisations look to rein in spending. How to properly secure virtual environments, for example, remains ill-defined, but firms are pushing ahead anyway and remain more occupied by other concerns.

Ben Jun, VP of technology at Cryptography Research, said organisations rolling out virtualisation as a way to consolidate systems and reduce costs are more concerned about whether servers with Intel chips can coexist with systems running AMD in the same environment.

Along with the introduction of new technologies and tightening purse strings, IT departments are likely to face the demands of tighter regulation in the wake of the global banking crisis.

Mather argued that the financial meltdown of banks might be partly blamed on a failure of compliance systems and of information security professionals to maintain systems that preserve data integrity. IT security has aligned itself with risk management over recent years, which means IT pros ought to take a good look and ask themselves if there are any lessons to be learned.

"Information security has tied itself so closely to risk management so it would be remiss if we didn't look at what went wrong and whether we are part of the problem," Mather said, adding that this process would occur on a company by company basis rather than taking the form of a wider post-mortem.

Mather and Jun made their comments at a global advisory press briefing at the RSA Conference in London on Monday. ®

Internet Security Threat Report 2014

More from The Register

next story
FYI: OS X Yosemite's Spotlight tells Apple EVERYTHING you're looking for
It's on by default – didn't you read the small print?
Russian hackers exploit 'Sandworm' bug 'to spy on NATO, EU PCs'
Fix imminent from Microsoft for Vista, Server 2008, other stuff
Edward who? GCHQ boss dodges Snowden topic during last speech
UK spies would rather 'walk' than do 'mass surveillance'
Microsoft pulls another dodgy patch
Redmond makes a hash of hashing add-on
'LulzSec leader Aush0k' found to be naughty boy not worthy of jail
15 months home detention leaves egg on feds' faces as they grab for more power
China is ALREADY spying on Apple iCloud users, claims watchdog
Attack harvests users' info at iPhone 6 launch
Carders punch holes through Staples
Investigation launched into East Coast stores
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.
Three 1TB solid state scorchers up for grabs
Big SSDs can be expensive but think big and think free because you could be the lucky winner of one of three 1TB Samsung SSD 840 EVO drives that we’re giving away worth over £300 apiece.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.