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Friday, March 24th, 2017

Security

It's time for a new security framework, says businesses

Today, IT security isn’t just about waiting to respond to the next cyber attack. It is about being prepared and having the strongest possible IT security plan in place before being attacked. It is estimated that in 2016, more than US$94 billion will be invested in security solutions, per industry analyst forecasts, yet nearly half of organizations report having had a breach either internal or external in the last twelve months. With today's threat landscape and emerging technologies, businesses need to take proactive measures to protect against old and new threats alike, and think about how to protect their data.

A global survey by Citrix and the Ponemon Institute on IT security infrastructure found that 83 percent of businesses around the world believe that they are most at risk because of organizational complexities.

Locally, 95 percent of companies responding from China reported that their business is at risk, due to the complexity of business and IT operations. Employees are not following corporate security requirements because they are too difficult to be productive, plus policies hinder their ability to work in their preferred manner. It is no surprise that shadow IT is on the rise because employees want easier ways to get their work done.

Employees are putting data on their devices, meaning key corporate information is accessible from any laptop, phone or tablet left sitting at a desk or coffee shop. And data assets are increasing, putting more information at risk, per 87 percent of survey respondents.

The results also found that security and IT professionals are truly concerned about their current operations. Seventy-nine percent of respondents are worried about security breaches involving high-value information.

The protection of apps and data is more critical than ever, with 74 percent of businesses saying that a new IT security framework is needed to improve security posture and reduce risk. Seventy-one percent say there is risk from their inability to control employees devices and apps.

As for planning for the future, 73 percent say data management, 76 percent say configuration management, and 72 percent say app management are the keys to reducing the security risk over the next two years in building a new IT infrastructure.

A majority (75 percent) also say their organization is not fully prepared to deal with the potential security risks resulting from Internet of Things (IoT).

“In every region of the world, businesses must accept the fact that security practices and policies need to evolve in order to deal with threats from disruptive technologies, cyber crime and compliance,” said Dr. Larry Ponemon, chairman and founder, The Ponemon Institute. “The research reveals respondents’ awareness of the need to challenge the status quo of their IT security strategies and consider a new IT security architecture to safeguard their organizations from cyber risks.”