Regardless of your industry or business model, the next couple of years will continue to be financially tight. The global economy has had and will have an impact on every decision, and the pressure is on to cut costs. Information systems security costs are difficult enough to justify in the boom times, and now the task may seem impossible. Given the environment we are faced with, we must become much smarter about the way we go about our business.
As information systems managers, we need to think about how to reduce information security costs while ensuring that we maintain sufficient controls against risk. We are all doing the obvious things like getting better at haggling with vendors and looking for less expensive product and support alternatives. And senior management applies pressure on any business unit that does not show a return on investment.
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