New regulations go into effect requiring more physical and electronic security at this health insurance company, so the company hires a chief security officer to oversee the efforts, says a pilot fish there.

"I was involved in the original security implementation on most of the systems and offered to help, but the new CSO refused our input," fish says. "He put keycard access on the computer room and UPS room and confiscated any physical keys he could find.

"When asked what would happen if the keycard system went down, he responded that 'mechanisms are in place,'" fish recalls.

Soon, only three people have physical keys: the CSO, chief financial officer and facilities manager.

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