Sharing is sometimes a good thing

If others in your industry are facing a problem for which you have a potential solution, should you share that solution or maintain the competitive advantage?

“Boston Fed’s Cybercrime Prevention Efforts Drawing More Interest,” The Wall Street Journal, April 19, 2016, C7.  Financial firms encouraged to share strategies for fighting cybercrime.

Information has more value when shared.  Sometimes.

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

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