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The High Financial Costs of Failed Trust

The High Financial Costs of Failed Trust

May 17, 2013 | Jeff Hudson, Venafi CEO

Trust comes at a price. However, while IT security professionals understand this, they often treat trust as an afterthought. As a result, companies suffer the consequences in unexpected recovery costs and failed business relationships.

The financial sector takes trust very seriously; stakeholders at financial institutions never trivialize the trust their clients place in them because they know the entire value of the company rests on that trust. That same level of concern should extend throughout the business world, and the proper control of trust should form a primary component of security management. This view is validated by cutting-edge research from the Ponemon Institute, an independent center dedicated to research on data privacy, data protection and information security policy.

Read the full article on Security Week

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About the author

Jeff Hudson, Venafi CEO
Jeff Hudson, Venafi CEO
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