Security market is leasing the plot

Things are looking good for security in 2003, but rental options are the last thing fretful customers want, writes Guy Matthews.

By Guy Matthews

17 Feb 2003

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Is there any place for leasing in the security market? It's going to be a huge sector this year; making security sales will be like selling medical dictionaries to hypochondriacs.

But there remains a huge question mark over whether leasing and rental has a place in security. Leasing, for all its attractions, does not have an obvious place in the security market because firms, especially SMEs, like the idea of ownership in this area.

Then there is the question of disposal. The average lease term will be three years.

Returning IT kit means having to transfer all of the data on the hard drive and, while this is not exclusively a leasing issue (a recent study in the US showed that three out of four old machines contained retrievable data), having a definite deadline to which you have to work puts pressure on users.

Then there is the psychology of selling security, and a sceptical end-user market may take some convincing.

A recent book by Kevin Mitnick, the famous ex-hacker, described how the simplest way to get information from a company is often to phone up and pretend to be someone you're not.

Everything from passwords to whole databases can be obtained this way. All of the retinal scanners in the world will not overcome the stupidity of some people.

Security is often all in the mind, and it is an area that most people will happily ignore until it is too late.

The reason security tends to be ignored is 'inflation syndrome'. That is inflation in the sense of expansion.

This inflation syndrome is the one where a customer takes your call, receives your sales visit and is turned into a paranoid wreck within a week.

In essence your message is: you've secured the doors, now what about the windows? What if they come in through the roof? Can you actually trust your employees? And so on.

The trick is to convince users that, while they are at risk as never before, they can still achieve something by addressing the issue.

First the consultation. A few questions. Who has physical access to your IT? Do you have a wireless network? Then the diagnosis: your security is a joke, and a sixth-form hacker could destroy you in seconds.

Within days of meeting you the end-user will be having sleepless nights. Within a week they will be calling you for reassurance.

To close the deal you say: 'We're glad you have decided to take security seriously. Here are the actions you should take, and these are the products we recommend.'

After all this, offering leasing doesn't really fit. Does it?

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