With today’s digital technologies, expect to be exposed to new and increasingly challenging security risks. Mitigating the threats will require equally new and innovative practices, policies and solutions. TM Ching, chief technology officer for Security at DXC Technology, shares three tips about today’s security risks. For a deeper dive, explore the position paper on how to rethink risk and enterprise security in a digital world.
1. From malware to physical perimeters, all security risks are changing.
New blockchain approaches can disrupt your existing security model. Sophisticated crypto-malware can strain your host systems and raise your level of cyber risk. New regulations make compliance challenging, requiring many organizations to abandon their ad hoc approach. Identity becomes a major challenge as the network’s physical perimeter fades and the number of mobile devices and internet of things (IoT) sensors grow exponentially.
2. Most current security systems are inadequate.
Unfortunately, yesterday’s approach to enterprise risk management simply won’t protect your organization against the new risks of today. The risk environment is changing that quickly.
3. Security and transformation go hand in hand.
Organizations need to consider enterprise risk management at the same time they’re launching their digital transformation. The two must be undertaken together. Once that’s clear, the work can be arranged under three main headings: people, process and technology.
Here, the term people means your organization’s culture. Is it ready for new security challenges? Process relates to how you approach your business processes. For example, are you developing them with automation-friendly approaches? And technology means empowering your organization with emerging technologies and best practices that can help it manage and mitigate the new risks created by digital transformation.