IT security pros face challenge during economic crisis

Steven Katz, widely recognized as one of the first CISOs in the security industry, has been keeping an eye on the current financial crisis and company information risk management processes. Katz, a former CISO at Citigroup, JP Morgan and Merrill Lynch, says most financial institutions have strong information security programs in place. Katz is currently chief advisor and roundtable moderator at the Roundtable Network, a forum for CISOs, CROs, CIOs and IT executives to exchange views on information security topics, risk management, governance, and privacy. In this interview, Katz lays out how IT security pros should respond to the crisis, how security is typically addressed during a merger and acquisition and whether companies will hold back on security spending.

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