15th APDC Congress – Market requirements determine how companies view security issues

COLLAB distinguished with the APDC / Siemens Innovation Award

«When companies are creating a monopoly they care less about security and more about the time to market. When they become monopolies they greatly reinforce their investments in this area, but use them to arrest customers «, defended Ross Anderson today, keynote speaker of the panel dedicated to security at the APDC congress.

The professor at the University of Cambridge, with several works in this area, considers that the issue of information security must be analyzed from an economic point of view and adds that technical analysis is no longer sufficient to give efficient answers to the problem, because this is a an issue increasingly supplanted by the business objectives of the companies.

Ross Anderson stressed that «the rules of the market impose accelerated pace of launch of new products, which limits the time available for tests at the level of security». The speaker also stressed that many companies look at security as an external issue and recalled that only an economic analysis of security issues makes it possible to understand that SMEs are less available to invest in protecting their information.

The expert foresees a reinforcement of the State intervention in this matter, but underlines the difficulty of the regulators in differentiating what are real security needs or demands of the companies in order to «lock» their customer more effectively.

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