Governance is a term increasingly used in financial institutions, as banking/security leaders try to introduce new processes and disciplines to their organizations.

In this exclusive interview, Jennifer Bayuk, an information security specialist and former CISO at Bear Stearns & Co., discusses:

• What governance means to a security organization;
• Elements of good governance;
• Speedbumps en route to success;
• Potential short- and long-terms rewards of good governance.