AusCERT The Australian Information and Security Association (AISA) is testing the security chops of 150 executives on Australian boards in an effort that may prove information security is only a "top priority" after a breach.
It will take most of the year for the association to phone the executives in some of the nation's biggest multinationals and ask them six questions about what they do and do not know about security, and quiz them on their concerns about breaches.
Only 10 executives have been polled so far, but the consensus appeared predictably bleak; executives knew little of information security and saw it as a pecuniary pit.
One unnamed executive went further, and told AISA board member Lani Refiti during an interview that he revoked the $6m security budget he approved each year because infosec geeks failed to produce evidence of return on investment when they most recently went hat-in-hands for funding.
More Bigwigs who does not understand what it is all about...well, I hope that they get their just desserts...as an attitude lile that is just....criminal IMHO.
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