George Foot

Immune Systems: Information Security And Risk In 2016

Information Security And Risk

C-suite executives have woken up to the threat posed by data theft, denial-of-service attacks and vulnerable systems. In 2015, for example, a series of high-profile cases illustrated the degree to which such attacks can damage a company’s reputation, brand and, ultimately, profits. Where businesses once undervalued cybersecurity, considering it the domain of CIOs and IT departments, it’s now squarely at the top of the agenda. Recognising the threat is one thing. The challenge for organizations is to find ways of understanding the risks and constructing robust systems. In this article, I want to look at how a risk-first approach to IT security and shrewd recruitment can boost a business’s immune system.

Identifying Risk

As companies continue to digitize their operations, the potential of information security breaches to damage trust and their competitive position increases. Information security risks are multiple and manifold. They could, for example, involve companies that rely on information as a means of generating value, such as banks or energy suppliers who must address a wide range of threats.

cloud-security

Equally, any company that holds large quantities of customer information runs a risk. This risk is particularly acute for SMEs, for whom the financial costs of information security can be prohibitive. In the digital economy, information is an asset that creates value for organizations; but this value is what makes it vulnerable.

Identifying these risks evidently requires expertise and coordination. Many businesses no longer see information security as simply something to do with IT. Rather, IT security is now bound up with wider risk management policies. But old habits, and ingrained divisions, can still be an obstacle for organizations. This goes for IT departments as well as management. In the past, IT departments habitually addressed security challenges by starting with technology and costing before moving on to consider the potential risk of an investment. In 2016, however, security has moved to front of
people’s thinking. Investing in the right IT systems now means first identifying the risk and then finding the devices and technology.

Mind the Gap

One area where firms have been slower to respond, however, is recruitment. The shift in the landscape has opened up a sizable skills gap, with organizations competing to recruit and retain employees with the necessary skills and experience. While good news for employees who can easily
find opportunities in the public and private sectors, this has caused problems for CISOs tasked with sourcing and training the people who can both identify and take steps to mitigate the cybersecurity risks that businesses face. In this environment, the challenge for organizations is to find ways to open up career paths and build expertise into a business, while still keeping costs down. In a survey carried out by Deloitte, 59% of CISOs identified the inadequate availability of cybersecurity professionals as a barrier to information security, with many turning to outsourcing to fill the gap.

trends-security

To my mind, this barrier serves to reinforce the importance of taking holistic approach to information security. IT departments must communicate effectively with management and HR departments to ensure that risks are identified and addressed, and that the organization has the right people for the job. As digitization continues apace, getting this process right is only going to become more important.

By George Foot

George Foot

Vice President Kensington Europe & Global Marketing

George has been a part of Kensington for over 10 years and now serves as the Vice President for Kensington Europe & Global Marketing. George has extensive experience within the consumer electronics industry and possesses a great passion for technology. He is responsible for setting the vision and strategy for the region, Go-To-Market delivery and sales performance.

View Website
The Importance of Cloud Backups: Guarding Your Data Against Hackers

The Importance of Cloud Backups: Guarding Your Data Against Hackers

The Importance of Cloud Backups Cloud platforms have become a necessary part of modern business with the benefits far outweighing ...
How B2B Ecosystems & (Big) Data Can Transform Sales and Marketing Practices

How B2B Ecosystems & (Big) Data Can Transform Sales and Marketing Practices

B2B Ecosystems & (Big) Data Managing your relationships with customers, suppliers, and partners and constantly improving their experience is a ...
A Ray of Digital Sunshine During a Hurricane Portends Big Changes in One of the World’s Largest Industries

A Ray of Digital Sunshine During a Hurricane Portends Big Changes in One of the World’s Largest Industries

A Ray of Digital Sunshine Here’s something that will bring a smile: As hurricane Irma was about to slam into ...
Cloud Services Providers - Learning To Keep The Lights On

Cloud Services Providers – Learning To Keep The Lights On

The True Meaning of Availability What is real availability? In our line of work, cloud service providers approach availability from ...
Four Recurring Revenue Imperatives

Four Recurring Revenue Imperatives

Revenue Imperatives “Follow the money” is always a good piece of advice, but in today’s recurring revenue-driven market, “follow the ...
Connecting the Power of IoT

Connecting the Power of IoT

Connection Power I come not to bury Caesar. Nor do I come to bury his estimates. Estimates, attempts based on ...
Digital Transformation: Not Just For Large Enterprises Anymore

Digital Transformation: Not Just For Large Enterprises Anymore

Digital Transformation Digital transformation is the acceleration of business activities, processes, and operational models to fully embrace the changes and ...
Technology And Trends That Will Help Shape The Enterprise IT In 2018

Technology And Trends That Will Help Shape The Enterprise IT In 2018

Enterprise Trends In 2018 Enterprise Trends In 2018... The year 2017 was a landmark year for the Enterprise IT. On ...
AI In Telecom: Intelligent Operations is the New Norm

AI In Telecom: Intelligent Operations is the New Norm

Intelligent Operations The move towards an intelligent world is faster and more rapid than it ever was before. The increase ...
5 Technology Wishes for the New Year: Ending the debate around cloud v. on-premise

5 Technology Wishes for the New Year: Ending the debate around cloud v. on-premise

5 Technology Wishes for the New Year In the spirit of all that’s holly and jolly, I’m sharing my top ...