I don't know what you're talking about, it's in there plain as day. The company has a department called IT Security. Not IT. Not Security. IT Security. Companies that legitimately care about security integrate security personnel with all of their operations, into every department. Top-down security departments exist to check boxes on regulatory forms. So I will be shocked if "IT Security" is not a made-to-order department whose existence is solely to satisfy things like PCI, HIPAA, etc.
I understand your point if you're referring to government regulation. I don't think your argument makes sense if you're referring to "regulatory capture":
Regulatory capture is a form of government failure that occurs when a regulatory agency, created to act in the public interest, instead advances the commercial or political concerns of special interest groups that dominate the industry or sector it is charged with regulating.[0]
> In the case of regulatory capture, you'd think regulation would most likely be reduced
No, in regulatory capture you expect regulation to be increased so as to form a barrier to entry to new competitors, while advantaging (comparatively) established incumbents that have the inside track with regulators and the regulatory process.
Makes sense. Thanks for the insight. My believe main point that using the term "regulatory capture" is not what the commenter intended or is appropriate in this case (as it's regulation in general that would affect this rather than tangential effects of regulatory capture).
True, but the greater danger of integrating security into every department is discounting security in favor of the main requirement of your department. Your department is viewed for political and performance reasons, budgeting time away from the main goal of your area towards security is technically ... waste.
Additionally, you ignore the business logic cross-departmental issues when you do not have a centralized security department.
What? In any large company, you are going to have access controls - not everyone is going to be allowed access to every system. In the example given, the guy was requesting access to a new system he didn't previously have access to; having a security team that is in charge of that access doesn't seem to have anything to do with regulation.