Macy’s/Gimbels

Miracle on 34th Street.  It’s the season.  Almost.

When do competitors get together?  Sometimes it’s to fight a common problem.

“Banks Ready Cybersecurity Defense,” Wall Street Journal, November 4, 2014 C2.  Banks are sharing information and approaches about cybersecurity issues, and are reducing time of response.

One information-related aspect of this is what controls you put in place to prevent information loss.  Another is a knowledge sharing point: are you collaborating with others similarly situated, even if they are competitors.  Who’s next?  Target, Home Depot, and Neiman Marcus?

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Filed under Business Case, Controls, Governance, Information, Internal controls, IT, Knowledge Management, Management, Oversight, Ownership, Protect, Risk, Security, Third parties, Value

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