The right security framework can save your institution
Choose a security framework to protect your intellectual capital and avoid a financial or PR nightmare.
- Attacks on institutions account for some 17 percent of all data breaches
- The fallout from an attack can be devastating—costing millions, while destroying trust
- Institutions must weigh the pros and cons of each security framework out there
Colleges and universities are complex technological systems housing vast amounts of sensitive data—everything from research to student records. Health data, social security numbers, and financial information reside in campus databases, ready to be accessed by staff and faculty.
When a data breach occurs (and it is certainly a question of when, not if) the impacts can be staggering. By sheer numbers, millions of dollars may be lost, but the most severe damage may be to the institution’s reputation. In the wake of a highly publicised breach, public trust in a school— whether public or private—will be seriously eroded. And regaining that trust takes a long time.
Adopting the “It won’t happen to me” position is not a security strategy. In today’s technological landscape, it’s simply dangerous.
Choosing the proper security framework isn’t easy. It requires adequate research and buy-in from your institution’s decision makers. The five frameworks outlined in this white paper provide varying styles and degrees of protection, with differing approaches, but they all seek to accomplish the same goal: rigorously defend the security of information systems from threats that will continue to increase in the coming decades.
Selecting a security framework is critical. Given the escalating threats to higher education—and the potential for catastrophic data loss and damages to a school’s reputation—there is no time to equivocate. Institutions operating without a security framework must select one and do so with great urgency—and they should select one that’s flexible and dynamic, able to grow with the institution.