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You are here: Home / blogosphere / Security Sounds Good, But Does It Make Me Money? (Business)

Security Sounds Good, But Does It Make Me Money? (Business)

31-Oct-2004 By Jim

Amen! I’ll be presenting this to the appropriate people that (currently) think security is irrelevant

Security Sounds Good, But Does It Make Me Money? (Business)
From time to time, I find myself sucked into discussions about the return on investment of security. The discussion goes something like this: from a business perspective, if security is an expense and I can choose to incur it or not, why should I? I seem to have done just fine until today. Then, a more enlightened issue comes up: if I understand the risk and I am willing to take it, that means I have the choice of spending money on prevention or remediation. Why not wait until something happens and then%u2026 we%u2019ll call you.

That just about describes the biggest misconception in business today.

Filed Under: blogosphere, Technology