Description: Ramblings of an InfoSec consultant on aligning InfoSec with the business. Opinions posted are my own and not affiliated with any organisation. https://twitter.com/IAm0xEd https://goo.gl/l92xMB
If you’ve been following the news lately you would have heard about a large real estate group in China with a large debt problem. In short, the Chinese government decided to reduce risk by limiting the amount of debt held by Real Estate companies. To accomplish this, they implemented a new policy which could play out to a major disaster.
Now here lies the problem: by implementing a new policy in a short space of time meant that, companies that are heavily exposed without adequate cash flow are suddenly unable to service their debts. Evergrande is one of those companies with large unserviceable debts.
You have probably seen this in the InfoSec realm, policies that are dysfunctional, out of place in the real world? We’re not talking about the no personal floppy disk policy rather, policies that prevent the business from, well, doing their business. If you ever heard the phrase, sorry, you can’t do that because it’s against security policy then that is the problem right there.