Business leaders are becoming increasingly conscious of the impact cybersecurity can have on business outcomes.
Trend No. 1: Senior Business Executives Are Finally Becoming Aware That Cybersecurity Has a Significant Impact on the Ability to Achieve Business Goals and Protect Corporate Reputation
IT security is a board-level topic and an essential part of any solid digital business strategy. Business leaders have not always been receptive to this message, but a recent string of high-profile incidents have changed sentiment.
Prominent examples include an Equifax data breach that cost the CEO, CIO and CSO their jobs; a WannaCry attack that caused worldwide damage estimated at between
"Business leaders and senior stakeholders at last appreciate security as much more than just tactical, technical stuff done by overly serious, unsmiling types in the company basement," said
Trend No. 2: Legal and Regulatory Mandates on Data Protection Practices Are Impacting Digital Business Plans and Demanding Increased Emphasis on Data Liabilities
Customer data is the lifeblood of ever-expanding digital business services. Incidents such as the recent
"It's no surprise that, as the value of data has increased, the number of breaches has risen too," said
Trend No. 3: Security Products Are Rapidly Exploiting Cloud Delivery to Provide More-Agile Solutions
New detections technologies, activities and authentication models require vast amounts of data that can quickly overwhelm current on-premises security solutions. This is driving a rapid shift toward cloud-delivered security products. These are more capable of using the data in near real time to provide more-agile and adaptive solutions.
"Avoid making outdated investment decisions," advised
Trend No. 4: Machine Learning Is Providing Value in Simple Tasks and Elevating Suspicious Events for Human Analysis
The shift to the cloud creates opportunities to exploit ML to solve multiple security issues, such as adaptive authentication, insider threats, malware and advanced attackers. Gartner predicts that by 2025, ML will be a normal part of security solutions and will offset ever-increasing skills and staffing shortages. But not all ML is of equal value.
"Look at how ML can address narrow and well-defined problem sets, such as classifying executable files, and be careful not to be suckered by hype," said
Trend No. 5: Security Buying Decisions Are Increasingly Based on Geopolitical Factors Along With Traditional Buying Considerations
Increased levels of cyber warfare, cyber political interference, and government demands for backdoor access to software and services have resulted in new geopolitical risks in software and infrastructure buying decisions. Recent government bans against Russian and Chinese firms are obvious examples of this trend.
"It's vital to account for the geopolitical considerations of partners, suppliers and jurisdictions that are important to your organisation," said
Trend No. 6: Dangerous Concentrations of Digital Power Are Driving Decentralization Efforts at Several Levels in the Ecosystem
The internet is driving a wave of centralization, one obvious example of which is cloud computing. While there are many benefits (some outlined above), a good security team should be accounting for the risks too.
"Evaluate the security implications of centralization on the availability, confidentiality and resiliency of digital business plans," said
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