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In this paper Professor Angell gives his predictions for the effect of global communication networks on the world economy and in particular on governmental and company structures at both macro and micro levels. He then relates this to the central position of information systems within management, in turn demonstrating the fundamental role of information systems (IS) security in the running of every company. In the light of these globalisation pressures he stresses that companies can no longer treat security issues as the poor relation — for that is merely trusting to luck in the face of growing organisational complexity. The basic message of the paper is that the security of business systems, particularly of telecommunication applications, must be placed at the core of every business. However, for this to happen he says that the very concept of security must be redefined, and the security community must start preparing itself now for its major new role in the future of management.

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