Compliance: 'I Might Get Breached, But I Will Get Fined'

Interview with Tim Harvey, CEO of Perimeter E-Security, on Balancing Security and ComplianceNot long ago, Tim Harvey, new CEO of Perimeter E-Security, spoke with a CIO of a financial services firm, asking him how he achieved the balance between regulatory compliance mandates and information security risks. "I might get breached," the CIO said. "But I will get fined."

To Harvey, this response exemplifies the challenge organizations face in weighing risks, compliance and resources.

In an exclusive interview, Harvey discusses:

• Top security and compliance challenges for organizations;
• How his customers are responded to those challenges;
• Emerging technologies and trends to track in 2011.

Harvey brings a rich history of experience in the software and managed services industry to Perimeter E-Security. He most recently served as CEO & President of XAware leading provider commercial open source data integration software and services. Tim joined XAware from S1 Corporation (NASDAQ: SONE), a leading global provider of enterprise software and managed services to the financial services industry where as the Senior Vice President for Sales, Marketing and Product Management he had responsibility for all customer facing operations.

Prior to S1, Harvey spent six years with SynQuest, a Warburg Pincus funded supplier of Supply Chain management solutions. As President and COO, he helped manage the company's significant growth leading to an IPO in August, 2000 and subsequent merger. Additional experience includes executive and sales management roles with Datalogix (acquired by Oracle 1996) and MSA.