As technology budgets loosen on Wall Street, security procedures tighten to fight the increased wave of information attacks at financial firms. In addition to larger pocketbooks, firms also have larger security demands, pent up over years when security spending was neglected, points out Jonathan Gossels, president of SystemsExperts, a Sudbury, Mass.-based computer and network security-consulting firm. Yet, in an environment where firms still don't have enough cash to spend on large-scale security implementations, where can a firm begin? Gossels advises firms to address security on an individual-business-case basis. "What is important to the business? What is our critical data? What systems need to be protected? What regulatory requirements do we have to comply with?" he suggests asking. "Know what you want to accomplish, then put programs in place to make it secure," he says.
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