C-level missing out on computer security

From:

http://www.baselinemag.com/c/a/Security/Cocky-Execs-Missing-Security-Risks-167361/?kc=BLBLBEMNL10072011INDEPTH

The article states: "Never mind all those stories you've read over the years about costly data breaches -- senior executives around the world apparently think they're doing a bang-up job on the security front. This despite the fact that most of them admit they aren't making good use of encryption, don't have strategies for securing emerging areas of IT, aren't paying enough attention to safeguarding privacy, and aren't availing themselves of the latest security technologies."

Security problems can be significant. This article suggests that the top of the management pyramid are not savvy enough - and haven't invested the time and effort to keep updated on potential security problems. When the next major bank announces that a million accounts could have been compromised or that data has been lost, there will be a cry for more security - but ... it is available now and should be implemented now!!!