Yes, Sir. I m Motivated Fear, Uncertainty, and Doubt

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Yes, Sir. I'm Motivated! Fear, Uncertainty, and Doubt

In a perfect world, organizations would voluntarily take every possible step to protect critical assets, but that is not the case in the business world. The motivation for initiating a risk management process is probably based on the FUD factor. Regrettably, fear, uncertainty, and doubt motivate many businesses to engage asset protection programs. Fear of criminal or civil actions, doubts about continuing market share, and uncertainty of public perceptions resulting from adverse publicity, all count toward motivating businesses to initiate and develop a risk management program. Because some businesses were either negligent or delayed in protecting assets, legislative bodies have passed laws and regulations requiring asset protection.

In the United States, Congress passed specific regulations and laws governing security and privacy aspects of government agencies, civilian agencies, and private organizations in the fields of healthcare, finance, and even videotape rentals. U.S. government civilian agencies must comply with the Government Information Security Reform Act; GISRA mandates that information systems must undergo a security assessment that is submitted each year to the OMB (Office of Management and Budget) or it is possible the agency may not receive its funding. Private industries are legislated and regulated to protect data they collect in the pursuit of their business processes.

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