It was IT's dirty secret: Spending millions of dollars on security products such as firewalls, antivirus and intrusion detection bought companies little more than ticks in an auditor's checkboxes. Greg Shipley, a respected security consultancy CTO, laid that secret bare in a parting manifesto before joining In-Q-Tel to help the U.S. government spot innovative tech startups. The result: our cover story titled "Epic Fail." Some vendors cried foul, but Greg backed up his thesis with extensive testing of five major antivirus suites that showed detection rates of no better than 30%. His message that you can't buy security came with an action plan. Spend on controls in line with threats. Get realistic about detection. Reward innovative vendors. Know when tech isn't the answer. Since then, the strategy of focusing on risk, process and awareness training has caught on.
The Business of Going DigitalDigital business isn't about changing code; it's about changing what legacy sales, distribution, customer service, and product groups do in the new digital age. It's about bringing big data analytics, mobile, social, marketing automation, cloud computing, and the app economy together to launch new products and services. We're seeing new titles in this digital revolution, new responsibilities, new business models, and major shifts in technology spending.
Top IT Trends to Watch in Financial ServicesIT pros at banks, investment houses, insurance companies, and other financial services organizations are focused on a range of issues, from peer-to-peer lending to cybersecurity to performance, agility, and compliance. It all matters.
Join us for a roundup of the top stories on InformationWeek.com for the week of October 9, 2016. We'll be talking with the InformationWeek.com editors and correspondents who brought you the top stories of the week to get the "story behind the story."