Data and IT security is a constant worry for carriers, especially as more and more data comes online. The natural, and understandable, reaction is to build strong, multi-layered defenses, to wall up as much as possible to keep the bad guys—on the inside as well as outside—at bay.

There's nothing wrong with vigilance, but at least one financial services security leader also advises against taking a bunker mentality. Instead of building massive walls, perhaps more IT leaders should strive to move in the other direction, toward more openness and collaboration in IT security efforts, says John Meakin, global head of security solutions and architecture at Deutsche Bank, in a new post at Forbes.

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