In an age of global collaboration and accelerating change, competitive advantage can be gained or lost in a flash. Business ecosystems and the business processes therein depend increasingly on information—and its security—everywhere business is conducted around the world. At the same time, business and information security leaders are becoming increasingly aware that cyber threats are more aggressive, more unrelenting, and more effective. Forward-thinking leaders recognize a strategic opportunity to extract more value from security investment, and in embedding security perspective into the culture of the enterprise to sustain and build competitive edge and value.
Today's cyber criminals are highly organized, patient and focused on gaining significant, long-term economic, market and military advantages. Information security should be a major enterprise-wide focus that works with your strategic priorities. The more sophisticated your integration of security into the business strategy, the more you'll build a security business edge.
Now more than ever, businesses need to recognize and respond to security breaches, effectively manage hacker activity and integrate security capability with business needs and objectives. Anticipating what might be in store is central to minimizing the effects of possible breaches.
Risk-management programs require effective governance, accurate cost/benefit analysis and competent execution of initiatives in order to positively influence business constituents and drive change. In order to achieve these goals, security programs must exceed business expectations and reduce overall information risk. Spending on IT security should be as effectively managed as it is for any other business unit.
Digital mobility, third-party collaboration and multi-party supply chains increase your “attack surface” and render these systems vulnerable to infiltration or compromise. Regulatory compliance is not enough. To curtail information misuse, companies must adopt end-to-end security processes and capabilities in order to safeguard data, regardless of where it travels.
Robust and thorough security can reduce the risk of compromise by protecting the confidentiality, integrity and availability of business information. To further guard against future incidents, IT leaders should reevaluate existing business continuity and disaster-recovery programs, proactively manage technical vulnerabilities and remedy identified breach points.
Increased emphasis on IT security, privacy and data protection is prompting regulators and industry groups to enforce new regulations. Now, firms must protect the data and information entrusted to them as well as allocate spending to comply with this growing number of complex requirements.
Identity and Access Management (“IAM”) efficiently manages users' ability to obtain appropriate access. IAM can also enable cost savings and improved efficiencies while advancing key business initiatives.