Feeds

Immature tech likely to get lucky in credit crunch

Security pros: 'Uh oh'

Using blade systems to cut costs and sharpen efficiencies

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. ®

The smart choice: opportunity from uncertainty

More from The Register

next story
Yorkshire cops fail to grasp principle behind BT Fon Wi-Fi network
'Prevent people that are passing by to hook up to your network', pleads plod
HIDDEN packet sniffer spy tech in MILLIONS of iPhones, iPads – expert
Don't panic though – Apple's backdoor is not wide open to all, guru tells us
NEW, SINISTER web tracking tech fingerprints your computer by making it draw
Have you been on YouPorn lately, perhaps? White House website?
LibreSSL RNG bug fix: What's all the forking fuss about, ask devs
Blow to bit-spitter 'tis but a flesh wound, claim team
Black Hat anti-Tor talk smashed by lawyers' wrecking ball
Unmasking hidden users is too hot for Carnegie-Mellon
Attackers raid SWISS BANKS with DNS and malware bombs
'Retefe' trojan uses clever spin on old attacks to grant total control of bank accounts
Manic malware Mayhem spreads through Linux, FreeBSD web servers
And how Google could cripple infection rate in a second
Don't look, Snowden: Security biz chases Tails with zero-day flaws alert
Exodus vows not to sell secrets of whistleblower's favorite OS
prev story

Whitepapers

Seven Steps to Software Security
Seven practical steps you can begin to take today to secure your applications and prevent the damages a successful cyber-attack can cause.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
Designing a Defense for Mobile Applications
Learn about the various considerations for defending mobile applications - from the application architecture itself to the myriad testing technologies.
Build a business case: developing custom apps
Learn how to maximize the value of custom applications by accelerating and simplifying their development.
Consolidation: the foundation for IT and business transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.