Information Security in Project Governance: Incidents and Preventions
Worldwide there are several reasons for project start-ups, but what are the real reasons behind it. Another question to be asked here is “is there enough attention for Information Security in projects”?
The drawbacks of information security are both project and business risks. Referring to the investigation of Price Water House Cooper we may notice a 48% increasing rate of incidents, there are 117,339 Information Security incidents a day summing up to a yearly cost of 42,8 million. Additionally, the estimated damages world-wide peak to 2,7 million dollars for each incident. These figures mark a decrease of as much as 34% since last year! Thus, the urgency of companies comes down to how they can strengthen Information Security in the daily business and projects, by also eliminating ‘security leaks’ in the scope of Project Governance. Commonly Businesses do not become aware of such issues related to the Project Governance. In other words, the management becomes so occupied protecting the house and forgets the barn or even the new building in progress.