Security buyers get 5 principles of ICT spending from Microsoft, Huawei

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Huawei and Microsoft have not had it easy with cyber security in recent times. The equipment market of the US telecoms has blacklisted the Chinese tech for fears of cyber espionage while on the other hand, Microsoft is undergoing investigation by antitrust regulators in China.

The two companies despite being under scrutiny by each other’s government have converged to produce ICT Buyers Guide aimed at aiding cyber security.

The guide which was made with EastWest Institute that is non profitable is aimed at helping suppliers, buyers, as well as users of ICT to have a better understanding to tackle the issue at hand.

The guide which is targeted at CIOs, CISOs, board members, and senior execs amongst others were deemed necessary by Microsoft and Huawei after considering that cyber crimes cost businesses £400 billion on yearly basis. As the pace at which these crimes are committed increases, buyers of ICT have started putting up defences by making available in the guide 5 principles for the stakeholders.

With the Buyers Guide, organisations will be better equipped to reduce their vulnerability to cyber crimes especially as regards to commercial services and products that they rely heavily upon. The guide divided into three parts – Enterprise Security Governance, Creating Assurance, Design through Sustainment and Response, and Product and Service Lifecycle is aimed at facilitating the conversation between the stakeholders so that they will be equipped with the best practices when it comes to security and being vulnerable.

EastWest Institute vice president, Bruce McConnell, while talking to Wall Street Journal said the move was towards a criterion that is objective when buying technology services and products.

With the two companies joining force, cyber security issue will be moved away from politics that China and Us have been undergoing and looking into more threatening issues that is evolving in the landscape.