These are intense times, with many financial institutions grappling with lots of moving parts—from hastily arranged mergers, to frozen budgets and layoffs. All of these, in addition to everything else going on in the economy, can play a role in security, says Tom Kellerman, vp of security awareness at Core Security and a member of the Commission on Cyber Security for the 44th Presidency. Kellerman offers five predictions about how the economic crisis, and resulting market conditions, will affect security.
1. M&As connect two networks whose layered security is rarely vetted per cyber. The due diligence process must include cyber risk assessments.