Cybersecurity Risk Management Value Beyond Savings

162: The Role of Procurement in the War Against Data Security Threats w/ Chris Camejo

My guest today is Chris Camejo, the Director of Product Management and Threat Intelligence at NTT Security – probably the scariest sounding title I’ve ever had here on Art of Procurement. Chris and I connected in person at the SIG Fall Summit in Carlsbad, California, where we had an opportunity to talk about what threat intelligence means and what role procurement can play in strengthening a company’s security risk level.

“If you get an organization that looks at procurement’s request for pre-contract security or penetration testing and runs away screaming, you should probably run away in the other direction and look at another option. – Chris Camejo

Highlights from the Show Include:

  • Chris explains that threats often become reality just because people are following what they perceive as established process – and not thinking critically about the details.
  • Remember that ‘it won’t happen to me’ is the most dangerous point of view in corporate and personal security.
  • Outsourcing responsibility for customer data to a third party does not eliminate or reduce the obligation to protect it.
  • Budget limitations that prevent appropriate investments in data security are often the greatest risk companies face.
  • Data, money, and computing power all face risk without the proper data security in place.

Links and Resources:

About the author

Philip Ideson

Philip Ideson is passionate about the role that procurement professionals and leaders can plan in creating competitive advantage for their organizations in ways that go beyond the traditional value proposition.

Philip founded Art of Procurement as a way for the procurement community to learn from each other, increasing the impact they have on their organizations. In 2017, he co-founded Palambridge, a virtual platform of procurement experts, technology, and intelligence. Palambridge provides a broad range of flexible procurement solutions, available on-demand.

Prior to Art of Procurement and Palambridge, Philip enjoyed a career that spanned the procurement value chain, working across three continents for organizations such as Accenture, Procurian, Ally Financial, Pfizer and Ford Motor Company.