Every time the TV is on, every anchor is crying about the dreaded Sequester.
Will it have an impact on security budgets? I have seen security budgets, especially for the facilities security departments, swing from almost unlimited budgets after 2001, to bare bones in 2009 and 2010, and thought they were trending back up for 2013.
Now, with the uncertainty about what a Sequester actually is, (please note my use of the capital “S”), how will it affect our security departments?
Obviously, the most obvious casualty are the government contractors who’s contracts may be arbitrarily cut, and civilian managers of federal programs will see lost days and furloughs.
The trickle-down effect will probably extend to state, county and municipal governments, too. So that means it’s even more important to start budgeting new security controls so that the most important get the funding!
One of the themes we go over in our webinar programs is how important it is to create a COST JUSTIFICATION and Return on Investment information so that you can create a business case for every control you need to improve security.
And one more thought on the Sequester – we often see an increase in crime, white collar crime and fraud when things are unsettled and people aren’t sure what’s going to happen next.
Maybe it’s a good time to do another risk assessment? Maybe the Sequester is the next new Threat!