Information technology security trends

Posted with the permission of the American Bar Association.

By Emily Stapf, Christopher Morris, and David Burg.

Companies increasingly come upon external forces that make diligent assessment of the soundness and security of their technology infrastructure and the information stored therein a necessity. Strategic or tactical business decisions resulting in mergers, acquisitions, outsourcing/offshoring, and emerging regulatory requirements, combined with ever-changing technology, escalate the difficulties associated with managing information systems while the dependence on the systems as agents of change and efficiency increase in parallel. From legislative actions such as Sarbanes-Oxley, which mandates tighter security controls, to more stringent requirements for reporting failures, to increased demands for access to data, more than ever companies are faced with the assignment of maintaining a secure environment while meeting dynamic, mobilized, and diversified business needs.

PricewaterhouseCoopers’ third annual Global State of Information Security study, conducted in partnership with CIO Magazine and CSO Magazine, found that companies are addressing the complexities of their information security needs with strategic approaches that are trending proactive rather than reactive. Attorneys who stay connected to and are aware of the change will better serve their clients with a more robust appreciation of the evolving business landscape and potentially gain a competitive advantage in the marketplace. This article provides a high-level overview of key emerging information technology (IT) security trends.

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