The hackers who hit Target at the peak of last year's holiday shopping season took thousands of credit card numbers. The breach took down a CIO. Now it's taking a bite out of the company's bottom line. Target has agreed to a $10 million settlement that will award up to $10,000 to each individual who can prove direct harm from the breach.
Xantrion approves of the steps Target is taking to tighten its network security, including designating a chief information security officer (CISO), maintaining a written security policy, and regularly reviewing its processes and procedures for protecting customer data. In fact, we think every company should do something similar. That's why we developed our free guide to risk assessment. Download it. Read it. And if you have any questions about implementing our advice, give us a call.
Tuesday, March 31, 2015
Friday, March 20, 2015
Security is a Bottom-Line Issue
A seemingly unending stream of high-profile breaches have made security a hot topic in the C-suite. It only makes sense for CFOs to get more involved. After all, the potential ramifications of a security breach, such as downtime, lost productivity, and threats to intellectual property, all hit hard on the bottom line.
That's why we weren't surprised by a recent survey spotlighted in the Wall Street Journal's "CIO Report" showing that CFOs are stepping up their involvement in security issues. Two-thirds of US tech CFOs surveyed said they're spending more to protect their networks and data. Of those, almost half said they're bringing in external consultants to help — and that makes sense, too. CFOs are responsible for making sure their companies invest in the best their budget can provide.
If you're thinking about bringing in an outside consultant to make the most of your security spending, out IT assessment service is a great place to start. We'll thoroughly evaluate your current status, recommend improvements based on industry best practices, and help you develop a roadmap for improvement that fits both your needs and your budget.
That's why we weren't surprised by a recent survey spotlighted in the Wall Street Journal's "CIO Report" showing that CFOs are stepping up their involvement in security issues. Two-thirds of US tech CFOs surveyed said they're spending more to protect their networks and data. Of those, almost half said they're bringing in external consultants to help — and that makes sense, too. CFOs are responsible for making sure their companies invest in the best their budget can provide.
If you're thinking about bringing in an outside consultant to make the most of your security spending, out IT assessment service is a great place to start. We'll thoroughly evaluate your current status, recommend improvements based on industry best practices, and help you develop a roadmap for improvement that fits both your needs and your budget.
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