How Digital transformation will Impact Cybersecurity
Digital transformation is more than just the next big buzzword in tech. It is proving to be a critical process for older organizations that want to keep up with the latest developments in IT technology. Now that may sound simple enough, but the reality is that digital transformation is often a long-winded, complex process that occurs across platforms, departments, and aspects of a business. It creates an efficient digital set up across the length and breadth of a business, linking each section together.
According to some new estimates from IDC, the digital transformation could be worth up to $18 trillion in additional business value. Similarly, Gartner’s CIO agenda also offered that digital will account for at least 36% of the overall revenue of business by 2020.
Digital transformation happens when digital technology is introduced to the assets, people, processes and departments of business for increasing operational efficiency, refining customer experience and managing better risk.
There is no denying the fact that digital technologies can give businesses a competitive edge. But like all new things, there is an inherent risk of transforming a business digitally. Exposure to, and adaptation of new technologies such as IoT, big data, cloud, and mobile, means opening businesses up to cybersecurity issues.
Security Challenges that Accompany Digital Transformation
Organizations are moving on from simpler on-premise IT setups to multiple cloud ecosystems. This has brought on a significant increase in IT value for these systems, but at the same time, this change has caused a substantial shift in IT and security environments. The many moving parts, only some of them owned and managed internally, others belongings to 3rd parties, require complete transparency about how the security is being handled.
Chief Information Security Officers (CISOs) were surveyed to learn more about the prevalent security issues that threaten technologies and business processes in the modern world. 85% of the respondents agreed that the digital transformation resulted in a “somewhat” to “extremely large” business impact.
Likewise, the advent of IoT and multi-cloud setups increases the possibility of data theft because now organizations are dealing with an attack surface that has increased dramatically. There are now many potentially unattended, entryways into a ‘secure’ network. It is more important than ever for these organizations to integrate security solutions and maintain complete visibility into the system, user and network behaviors.
According to research reports, there are three key cybersecurity issues that threaten the management and operations of an organization. These include:
· Polymorphic Attacks
These are sophisticated attacks conducted on over a digital network. They pose a significant threat because polymorphic attacks can change, adapt, mask themselves and avoid detection by older security systems. This is a widespread type of attack.
For organizations that are invested in keeping up with continuous delivery and integration pipeline, integrated DevOps teams and processes have become a necessity. But at the same time, the sheer speed of deployment and release enabled by DevOps opens organizations up to security vulnerabilities that can go undetected until it’s too late.
· Lack of Visibility
Many organizations, such as MNCs, work within highly complex, well-distributed environments that span many branches, data centers, and cloud environments. Security setups for such companies often lack the visibility into these structures. Identifying threatening behavior and quickly mitigating threats is a significant challenge for such entities.
How can organizations address these issues?
There is a welcome change in corporate attitudes toward cybersecurity. As mindsets evolve, so does the management of digital information in an organization. Cybersecurity must be made part and parcel of the operations, firmly embedded into the company systems and networks.
Cybersecurity is an asset to the company, and its strength is crucial to the success of any organization that’s serious about transforming digitally. CISO’s must be made a part of every security team, and they need to be put in charge of other team members with cybersecurity specializations.
Digital transformation has put the spotlight on the need for privacy protection, and compliance requirements for the cybersecurity industry. Cyber-attacks and other digital security issues are becoming more sophisticated, and it is imperative that more rigorous guidelines are set up by regulatory bodies. This is the only way to confront the attackers head on, and safeguard digitally transforming networks. Organizations must adhere to compliance rules and requirements, and vow to use only the best-in-class, certified solutions, systems, and people to ensure better risk management.
Cybersecurity is essential for successful digital transformation. It is imperative that you consult cyber experts who can secure the networks as the transformation goes along. The Mars Technology cybersecurity specialists work with businesses across the United States, delivering advanced threat detection solutions, investigation, response alerts and more. Get in touch with today to learn more about our cybersecurity solutions.