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• What I find funny and ironic about this article is the last comment. "Companies tend to ramp up on security software during times of layoffs, in a move to prevent soon-to-be ex-employees from walking off with corporate secrets and customer lists. Businesses also tend to ramp up on security software during economic downturns to prevent hackers from taking down their operations, notes UBS." I've read so many disgruntled UBS IT employees who got layoffed that became hackers. It might be an exaggeration, but there was one employee who had prepared a scheduled logic-bomb to go off after he left a company. That logic bomb brought down trading servers for weeks and no one had a clue how to fix it or recover the lost revenue. Considering the size of ubs, I bet each cycle of ubs layoffs, a brand new security team is hired even though they might already have a division for it. You need a security team to keep an eye out against another security team. No one who is gonna challenge the bureacratic IT professionals who are basically milking the system via fear. In reply to: "Gartner and UBS provide a mixed view on IT spending"

  April 3, 2009

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