The document discusses maintaining a security program during economic uncertainty. It notes that the current economic challenges may last several years or a decade, similar to past economic downturns. Security programs may see projects cancelled or delayed due to costs, staff downsizing, and trimming of technology maintenance budgets. Security managers need to be realistic about the economy and corporate health, keep skills updated, and reinvent security programs to focus on basics like operations and using contract staff. Ranking functions by importance and asking critical questions can help optimize limited security resources.

1. Security Management Economics 101 Maintaining your security program In economic uncertainty

2. Economic Climate The economic challenges that surfaced in 2008 will likely last several years and maybe a decade. Compare the inter-bank lending issues with the credit liquidity in the 1930’s. The deflationary spiral in Japan in the 1990’s. We are heading back to modest economic values from the 1950’s.

3. Security Program $$: The Road Ahead Large scale security projects may be cancelled or delayed due to cost pressures. Downsizing of security staff. We aren’t immune to general downsizing Trimming maintenance costs of security technology. Scaling back professional development for staff.

4. Security Manager Dilemma???? Be realistic about today's economy and corporate health. Prepare for a rainy day Invest time in building contacts (LinkedIn) Update your resume and do a career evaluation Professional development  are you up to date Re-invent your security program BACK to BASICS

5. Security Program: Back to Basics What is important in your program? Rank your functions in order of importance. Ask yourself key questions: Business projects to create revenue are the #1 priority Is security policy development a priority when the business cannot afford to implement. Is your business continuity program still viable with staff changes due to downsizing. Lights on should be your priority Use of contract staff

6. Security Program: Back to Basics Making tough decisions: Cutting back on security governance staff Focus should be on lights on operations only Move security staff to support additional investigation functions Companies are at risk of data theft in bad times Contractors may be a constant in the future Cost of company pensions and benefits are increasing cost of full-time staff