MIS5001: Information Technology Management Ethics and Continuity Management Larry Brandolph

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Presentation transcript:

MIS5001: Information Technology Management Ethics and Continuity Management Larry Brandolph

include-420-and-69-password-hat-tips-007-pi % 4-digit PINs that are “1234” 20% 4-digit PINs that begin with “19” Are We Security Savvy?

s 50% Organizations that were victims of at least one cyberattack in 2011 $5.5m Average cost of a data breach in 2011 (down from 2010!) Big Impact

Cascading damages Hacker attacks a corporate network Network outage, data loss, information theft Loss of productivity, revenue, quality of care Tarnished reputation, loss of trust Legal liability, loss of profitability From Greisiger (2006) – NetDiligence Corporate Presentation

Spending on IT Security $151 billion projected for 2012 (Financial Times, 2011) 5.6% of total enterprise IT spending Emerging executive position: The Chief Information Security Officer – To whom should the CISO report?

Regulating Information: Financial Services Gramm–Leach–Bliley Act of 1999 Financial Privacy Rule Safeguards Rule Pretexting Protection

Regulating Information: Healthcare The Health Insurance Portability and Accountability Act of 1996 (HIPAA) The Patient Safety and Quality Improvement Act of 2005 (PSIQA) What is the purpose of each law? What is its implication for the information technology function? Source:

How do you protect against a breach? Inventory systems Assessing where vulnerabilities exist Determine tolerance for a breach Account for corporate culture What is the role of the CISO? Is this consistent with the “lessons learned” from CareGroup?