New York official: Investing now in cyber security defenses pays off later

SUBNET Solutions Inc | Tuesday, August 09, 2011

Amid weak economic growth, many businesses - as well as local and state governments - have had to overhaul their expenses as they endeavor to cut costs. According to a published report, the New York state comptroller is advising local cities and towns in the state to invest in cyber security initiatives.

According to a report from Empire State News, New York Comptroller Thomas DiNapoli recently told public officials throughout the state that they can actually save money in the long-term by investing in cyber security measures now. DiNapoli's office released a report recently that illustrated government security breaches and how improved cyber security defenses could prevent such attacks from occurring in the future.

"IT security breaches cause a lot of damage," DiNapoli said in a statement. "And taxpayers end up footing the bill to repair that damage. It's a lot cheaper to prevent a breach than it is to repair one after it happens. Despite tight budgets, local governments and school districts should be investing in cyber security; it’s an investment that will pay off."

With hackers' attacks increasing in their sophistication, DiNapoli and many other public officials are working to improve cyber security protocols.

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