Jumat, 06 Maret 2009

Steve Liesman on Inputs vs Outputs

I've been blogging recently on Inputs vs Outputs, or Why Controls Are Not Sufficient. I've also been writing about Wall Street for the past year and a half. What we are seeing in the business realm is one of the biggest incident response engagements the world has ever seen.

This morning on CNBC's Squawk Box, reporter Steve Liesman summarized the market's reaction to the ongoing crisis. The latest jobs report had just been released, and panelists were debating the effectiveness of the administration's announcements of various plans. Steve said:

It's not what you're doing that matters; it's whether or not it works.

In other words, focusing on the inputs as a measure of success is a waste of time. You have to know the score of the game. In the business world, the score of the game is measured using employment numbers, stock market prices, the London Interbank Offered Rate (LIBOR), currency valuations, and so on. My post Controls Are Not the Solution to Our Problem has one set of ideas for measures in the digital security world.



Richard Bejtlich is teaching new classes in Europe and Las Vegas in 2009. Online Europe registration ends by 1 Apr, and seats are filling. "Super Early" Las Vegas registration ends 15 Mar.

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