Digital transformation of business organizations has a great impact on the information security industry and this impact will continue for the coming few years. Today, there is more awareness about the importance of security than before, but are things in a better position than a year back? Information security is evolving with every passing day not by choice, but because business organizations are continuously facing new threats to security. We have seen that simply handling the sharing of personal information in different ways will not solve the purpose. The nature of threats is changing too, and it is time to remain prepared for different types of attacks.
To keep pace with the threats, cybersecurity teams have to continuously adapt and evolve the new threat types, often requiring to invest in latest security technologies and adjusting with the new defensive processes. The trends will play a crucial role in enterprise security. Let’s take a look at the new areas emerging.
Sharing big data securely:
As the usage of data increases in every organization and more and more businesses are adopting big data systems, it is important to protect the personal identification information, intellectual property and other regulated data while being able to share the information securely. Today, organizations are switching to a policy based approach for greater access control and to share critical information between partners, departments and customers and ensure that only those who are authorized to view sensitive information can do so.
IT leaders have always tried to meet the challenges of various business enterprise in order to better support their initiatives. Development, security and operations, DevSecOps has now emerged as a new means for the cross functional teams to work together. This approach is about considering new services to produce faster than the legacy approaches. It is here that information security plays a great role and it is vital to ensure that uninterrupted delivery practices also embrace great security practices. Secured access control devices like attribute based access control can now be automated like DevSecOps to ensure easy access to microservices, big data and APIs and etc.
Identity and access management:
Most organizations are now focusing on great user experience so that they can stand apart from the tough competition. But any sort of information security breach can instantly destroy their experience and their reputation. Identity and access management is about balancing the customer experience and security without sacrificing one for the other. It enables the organizations to capture and securely manage the identity data of the customer whole profiling the data and controlling their access to various services and applications.
Monitoring and reporting:
Enterprises are also considering to implement advanced technologies to monitor and report any type of internal security threats and to find the culprits within their organization. It is by using machine learning, artificial intelligence or data analytics that they can now identify the anomalies that would go unnoticed otherwise. When any access control that is attribute based is deployed, the activity log data can be used to enhance the monitoring and reporting processes.
Securing the cloud applications:
Moving to the cloud is what organizations are adopting now. Enterprises are now shifting their infrastructure to the cloud and this means that they need cloud native security capabilities and products. The most important security layer is the access control to the data that is cloud hosted and any other business resources. The ABAC model runs in the cloud and is used to secure the cloud assets and this gives high flexibility to the cloud based enterprises.
Today, about 64% enterprises are increasing their information security budget and this means that they are aware of the security threats and want to take initiatives to control cyber threat and risk levels.