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New
technology
The threat to our corporate
       information
I work in corporate
communications.

My job is to make sure the
information we have is
correct.
The risk of wrong
information is huge –
think of

compliance
information security
reputational risk
It keeps me awake at night
It’s part of my job to
be on the lookout for
new risks to our corporate
information.

The advent of new
technology has led to
new risks
Now we face the gravest
threat to the accuracy and
compliance of our
information.

It’s called …
The ‘telephone’
The name comes from the
greek words for ‘faraway’
and ‘sound’
There isn’t just one
‘telephone’ – there are
many variations
But they all mean you can
have a conversation with
someone many miles away
AS IF THEY WERE IN THE
SAME ROOM
The telephone is no
respecter of corporate or
even national boundaries
One person can even speak
to many at once in so-
called ‘conference calls’
In the right hands it could
be a valuable business tool
We can talk directly to our
customers as if we were in
their homes

With the correct controls
and firewalls in place we
could allow them to talk to
us
But think of it in the wrong
hands …
Wrong information can
pass easily and undetected
from employee to
employee
Non-compliant information
can be spread outside of
the company itself

It’s as simple as pushing
some buttons and speaking
This isn’t tomorrow – it’s
now

Your children could well be
using the new ‘mobile
phone’ technology right
now. How do you know
who they’re talking to?
This isn’t paranoia – it’s
real

There’s reliable evidence
that terrorists have used
the telephone to plan
atrocities
How much damage has
been done already?
We don’t know
How many people in our
organisations own
telephones and have used
them during work time?
We don’t know
How much
MISLEADING
NON-COMPLIANT
downright FALSE
information is being passed
on as you look at this?
We simply don’t know
Across the developed
world, companies are
struggling to impose order
on this new frontier
And it’s not just hard facts
– corporate values and
morale are vulnerable
One top 50 company
reported that an individual
was overheard on the
telephone referring to a
challenge as a problem!
We need to be able to
monitor
- who’s talking
- to whom
- what they’re saying

The risk to the company is
too great to just ‘trust in
people and hope for the
best’
Until we have suitable
controls in place …
It’s essential that we rely
on accountable methods of
communication, with
visible audit trails …
Wikis, blogs and forums
are the tried and tested
ways. Every entry is named
and attributable, and can
be corrected if wrong.
All corporate
communication should
take place this way
How do you update and
correct a telephone
conversation when it’s
done ?

You can’t!
In time the telephone may
form part of an integrated
communication strategy

Until then …
Use only web 2.0
technology -

you’ve been warned!
Norman Lamont
Lloyds Banking Group

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