Last night I attended a cyber security roundtable hosted at the Intercontinental Hotel in Kansas City. The members of the panel were 2 FBI Special Agents and a national security consultant from the Laconia Group. Among the many topics they discussed was the importance of addressing every potential security exposure you have as a business.
The Fence analogy, which they used to explain the issue, discusses the importance of constructing each plank in the fence as opposed to building half of them 15 feet tall and leaving the other half out. A fence missing planks won’t keep anyone out but a fence with every plank that’s 5 feet tall will keep people out. When talking about security, it’s important to address every issue facing your business and it’s valuable assets. These issues can be insiders, investors, marketing materials, cyber security, or your suppliers. If you have the most sophisticated cyber security system but your vendors release all your information, you’ve done nothing. If you make potential investors sign an NDA but those potential investors take that information and sell it to a competitor, you’ve done nothing. If you’re interested in hearing more about the presentation, feel free to shoot me an e-mail.