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Greatness is every team working toward a common goal. Winning in spite of cyber threats and overcoming challenges in spite of them. It’s building for a future that only you can create or simply coming home in time for dinner.
However you define greatness, Optiv is in your corner. We manage cyber risk so you can secure your full potential.
Reduce Complexity to Bolster Your Cybersecurity
Many organizations rely on a number of unintegrated cybersecurity tools – in some cases, as many as 40 – as well as several different vendors. But is this practice sustainable? Is it even counter-productive? As Check Point’s Lloyd Tanaka explains, nearly 70% of surveyed security leaders now see consolidating around fewer vendors as a way to improve security in their organizations.
Recent studies shed light on a compelling inflection point for cybersecurity professionals. Organizations battling cyber threats, for years and even decades, have created complex labyrinths of security technologies. Dimensional Research has confirmed the security leader experience, as nearly half of surveyed organizations use between six and 40 point security products. Organizations have routinely addressed newly discovered attacks, exploits and vulnerabilities by adding point products from disparate vendors.
Faced with a complex maze of cyber technology, security professionals are questioning if this practice is not only unsustainable – is it counter-productive? Battling sophisticated threats requiring real-time response is already complicated. Committing valuable security team resources to tedious administration that can result when housing assorted, multiple point products is inefficient at best.
The Dimensional Research study offered other key findings:
Budgets and people resources are finite, especially in cybersecurity. Supporting too many technologies is costly. Teams are often stretched thin and getting effective results from new tools requires training. If an organization is using, say, 15 products, are they benefiting from even 50% of the tools’ capabilities? Probably not.
As noted above, managing multiple products requires the use of multiple management consoles, which impedes establishment of a holistic view of the organization’s threat landscape. Clear visibility is key for accurate incident response: you can’t rectify what you can’t see. Managing security events using a mix of consolidated and standalone consoles is inherently complex.
Nearly 80% of security professionals said that not only is it difficult working with multiple products, but dealing with multiple vendors also poses challenges. To understand why this is a challenge, you only need to consider the management overhead of maintenance, version upgrades, contract renewals and other activities tied to the solutions times the number of products, be it six, 15, 40 or more. Additional challenges including training staff, setting and managing policies, complex deployments and the manual work required when there’s no integration between solutions.
Nearly 70% of surveyed security leaders now see consolidating around fewer vendors launch as a way to improve security in their organizations. McKinsey explains:
“Today, companies have substantial assets and value manifested in digital form, and they are deeply connected to global technology networks – even as cyber attackers become ever more sophisticated and adaptable to defenses.
At most companies, boards and senior executives acknowledge the serious threats that cyberattacks pose to their business. What they are not sure of is how to create a strategy that helps them understand and address the threats, in all their forms, today and in the years ahead. And they’re asking for such a strategy every day.”
Consolidation could be the missing piece of a revamped cybersecurity strategy. Greater integration that accompanies consolidation can improve security, minimizing the functional gaps between the protection that each product delivers. Reduced time, cost, and resource savings with integrated management could be better utilized to improve cybersecurity performance. Using many security point solutions each with its own standalone interface complicates security administration and management. Having to monitor several diverse interfaces to respond to alerts can cause threats to be missed. Consolidation framed in a pre-built security architecture or framework can offer these additional benefits:
What isn’t yet known is what the widespread repercussions from the coronavirus pandemic will have on your near- and long-term cybersecurity strategies. The pandemic has already impacted security, as offices have closed and workforces migrated to remote. Opportunistic threat actors launched over 700,000 coronavirus-related cyber attacks in late April and cyber criminals targeted COVID-19 research firms with vaccine-related malspam, cyber scams and phishing campaigns in order to steal user credentials or direct traffic to phony websites.
It’s too early to know the full impact of the pandemic and what a post-COVID economy will look like. According to Gartner, global customer spend on information security was estimated to hit $146 billion in 2020.* Will cyber budgets expand or contract considering the impact of an economic slowdown?
In this crisis, it’s fair to ask, “How can we best be prepared for whatever is next?” In the current environment, Maya Angelou’s axiom could apply: “Hoping for the best, prepared for the worst, and unsurprised by anything in between.” Whether the industry is bracing for a cyber pandemic or the world is able to revert to a “new normal,” consolidating security makes good sense for all organizations to consider.
* “Information Security and Risk Management End User Spending,” Gartner, July 2020
July 16, 2020
This guide offers tips to assess requisite capabilities for modern security gateways.
November 06, 2019
Nearly a third of cybersecurity professionals say they ignore alerts because so many are false positives.
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