Increasingly, we are living in a world where it's becoming harder for firms to protect their corporate secrets. Ivey Professor Rob Austin, in a piece for Harvard Business Review, explains this new reality is not technical, but economic. It’s getting cheaper and easier for people to get at your protected information and more expensive and harder to keep that info safe.
"You cannot, however, completely insulate your company from the consequences of information leakage," said Austin. "This means you must have a way of containing the damage and recovering. Partly this is an operational capability — how do you quickly shut down avenues through which information is escaping? But also it is about developing a capability for reacting publicly, quickly and rapidly."
