Cybersecurity: The Knight Rider To Ever Growing Digital Ecology?
Cybersecurity: The Knight Rider To Ever Growing Digital Ecology?
Cybersecurity: The Knight Rider To Ever Growing Digital Ecology?
Digital Ecology?
According to a recent survey from ESET, 75 percent of infosec decision-makers
now considers Artificial Intelligence as the silver bullet for their security issues.
While AI being incredibly useful in assisting human analysts, alone it cannot
ensure solid information security strategy and requires an agile cybersecurity
approach to ensure reliable and safe business processes within organization.
The National Cyber Security Strategy UK, has allocated nearly £2 billion to
tackle cyber threats until 2021
With exponential growth in fields like big data analytics, the Internet of Things
(IoT), blockchain, and mobile computing, big corporates have adapted smart
ways to handle everything from decision making to customer service. With
virtually all business processes being automate and the increasing digital
transformation of the entire value chain create agility, but they also
significantly raise cybersecurity risks and threat levels.
As the IoT is extended to everything from industrial equipment to consumer
devices, Next-generation devices are now working in potentially vulnerable
environments such as vehicles, hospitals, and energy plants, vastly increasing
the risks to human welfare. Concerns about such devices being hacked, turned
into botnets, and used to attack targeted computers and organizations are
growing as well.
When it comes to digitally transforming an enterprise business, cybersecurity
must be the prime focus from the very beginning. As a matter of fact, large
industrial vendors like GE today provides not just the equipment used in
production environments but also subscription-based monitoring and
maintenance services to ensure that equipment does not experience an
unexpected outage.
Cybersecurity strategy shift from reactive to agile.
Organizations are now adapting proactive approach by creating IT
infrastructures—and even entire enterprises— which are agile and adaptive,
where breaches are addressed before they happen.
Currently, companies vary widely in their tolerance of innovative, peer-to-peer
technologies and collaboration tools, resulting in a challenge to attract and
retain ‘millennial’ workers, and innovate at the pace of digital-first companies
disrupting traditional business.
Innovation debt is a critical element of this transition.
Deferred innovations create a ‘debt’ and headache for decision makers when
the time to access those investments comes along and they aren’t there to
support new offerings or compete with market trends.
For now, ‘legacy debts’ around older technologies is arising concerns for the
complex business processes. For example, many companies have modern Web
interfaces that are linked to older mainframes for certain functions and newer,
cloud-based systems for others.
In the event of a breach or the deployment of a new application, engineer’s
broad skill set is essential to maintain functionality of these hybrid systems
that is difficult to source.