Latest Security and Risk Trends

Russell Thomas, Enterprise Security Magazine | Tuesday, March 23, 2021

The companies are struggling with security problems due to the lack of technical security staff and the continuous development of threats.

FREMONT, CA: The most significant security challenges that the security companies have to deal with is a shortage of technical security staff, the continuous evolution of threats, rapid migration to cloud computing, and regulatory compliance requirements. In the year 2020, responding to the COVID-19 pandemic has become the most significant difficulty for most security companies.

The massive transformation in the business world due to the pandemic has increased the business process's digitalization, the expansion of cloud computing, and endpoint mobility in most of the companies is rediscovering legacy thinking and technologies.

COVID-19 has helped the security teams to refocus on the value of cloud-delivered security and operational tools. These tools do not need a LAN connection for functioning, migrating to cloud data centers and SaaS applications, reviewing remote access policies and tools, and securing new digitalization efforts to decrease person-t0-person interactions.

The leading organizations have responded to the long-term external trends with some of the top trends. These top trends focus on the strategic shift of the security ecosystems that are not recognized widely but are expected to have a massive industry image and significant potential for disruption.

Extended detection and response capabilities developed to progress accuracy and productivity

The extended detection and response (XDR) solutions are rising, which can automatically gather and correlate data from several security products to enhance threat detection and offer incident response abilities. For example, an attack that creates alerts on emails, networks, and endpoints can be collected into a single incident. The XDR solution's main objective is to efficiently increase detection, accuracy, productivity, and security of the operations.

Security process automation develops to eliminate repetitive tasks

The lack of skilled security professionals and the availability of automation in security tools have increased security process automation. The technology can automate computer-based security operation tasks that are related to templates and predefined rules. The automated security tasks can perform rapidly and in a scalable process with fewer errors.

AI produces new security responsibilities for protecting digital business initiatives

AI and Machine learning (ML) is continuously automating and augmenting human decisions with a wide range of used cases in security and digital business. These advanced technologies also need security professionals who can address the three significant challenges related to, which are anticipated nefarious usage of AI by attackers, protect AI-powered digital business systems, and leverage AI with packaged security products to enhance security defense.

Read Also

Data: an Invaluable Asset

Data: an Invaluable Asset

Nathaniel Karp, Chief Economist, BBVA Compass
Navigating the Changing Cybersecurity Landscape

Navigating the Changing Cybersecurity Landscape

Mark Leary, VP & CISO, Regeneron Pharmaceuticals
The Changing Facets in Enterprise Security Space

The Changing Facets in Enterprise Security Space

Greg Barnes, Global CISO at Amgen
Open Sources, Open Doors or How to Innovate in a Competitive Cloud Market

Open Sources, Open Doors or How to Innovate in a Competitive Cloud...

Garrick Stavrovich, the Lead Product Manager for Nasdaq’s Global Information Services
How AI will play a crucial role in the defense against cyber attacks

How AI will play a crucial role in the defense against cyber attacks

Scott Southall, Regional Head of Innovation, Asia Pacific, Citi
Building NextGen Enterprise Risk Management Capabilities

Building NextGen Enterprise Risk Management Capabilities

Chee Kong Wong, EY Oceania and EY Asia-Pacific Governance Risk and Compliance (GRC) Technology Leader