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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.
Security in 2019: Getting Ahead of the Game
Shifting from a reactive to a proactive approach means working closer with the business.
The year 2018 was not much different than recent years in the world of security: Several massive security incidents at large companies and government agencies exposed tens if not hundreds of millions of customer accounts. Breaches of this scope affect customer trust and long-term viability. While we can’t prevent all incidents, we can change our approach so that security isn’t an ongoing game of crisis management.
According to a Gartner press release, "Worldwide spending on information security products and services will reach more than $114 billion in 2018, an increase of 12.4 percent from last year, according to the latest forecast from Gartner, Inc."*
What’s needed is a shift in risk management practices—from reactive to proactive and from a security-centric to a business-centric view.
Before internet-based businesses exploded in growth, it was fairly standard practice to create a “set it and forget it” security strategy. Security teams, if they existed, didn’t interact much with the business – until there was a problem, of course. Annual assessments were the norm, as was patching, monitoring and buying tools in an ad hoc manner.
Randomly adding more tools and people to security organizations without evidence-based thinking behind the decision doesn’t help mitigate risk. To complicate matters, IT infrastructure is continuously evolving in step with cloud computing trends, creating new gaps and requirements.
Security teams seem to be in a constant state of catch-up. They are spending too much time identifying and reacting to both internal and external threats instead of looking for root causes that could reduce risk and improve posture over time. Teams must cover both compliance and incident management, so it’s hard to know exactly what’s most important to the business. Optiv Security research from 2018 shows that 78% of organizations assessed scored low on their overall security strategy, and 82% scored low to medium in aligning business objectives with security programs. This leaves much at risk as the attack surface broadens to include more apps, connected devices and Internet of Things (IoT) technologies.
A New Way
Instead of operating reactively, companies can improve this picture by working closely with business counterparts. Consider these ideas to shift your thinking:
Security’s role as a back-office activity focused on compliance and troubleshooting is no longer serving the business. By creating a fluid strategy in lockstep with business stakeholders, cybersecurity organizations can deliver a powerful platform from which the business can both increase compliance and grow customer trust and revenues. Let’s map the risk (r)evolution.
Essentials@Optiv, a service provided by Optiv Security assesses, diagnoses and optimizes your organization’s security programs for business alignment based on your organization’s specific needs. Learn more here about this flexible approach to security.
*Gartner Press Release, "Gartner Forecasts Worldwide Information Security Spending to Exceed $124 Billion in 2019", August 15, 2018. https://www.gartner.com/en/newsroom/press-releases/2018-08-15-gartnerfo…
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