The digital transformation of business organizations is having a major impact on the information security industry and this impact will continue for years to come. Today, there is more awareness of the importance of security than ever before, but are things in a better position than they were a year ago? Information security is evolving with each passing day, not by choice, but because business organizations continually face new security threats. We have seen that simply handling the sharing of personal information in different ways will not serve the purpose. The nature of threats is also changing and it’s time to stay prepared for different types of attacks.
To keep up with threats, cybersecurity teams have to continually adapt and evolve to new types of threats, often requiring investing in the latest security technologies and adjusting to new defensive processes. Trends will play a crucial role in business security. Let’s take a look at the new emerging areas.
Share big data securely:
As data use increases across organizations and more businesses adopt big data systems, it’s important to protect personally identifiable information, intellectual property, and other regulated data while sharing information safely. Today, organizations are shifting to a policy-based approach to greater access control and sharing of critical information between partners, departments, and customers and ensuring that only those who are authorized to view sensitive information can do so.
DevSecOps:
IT leaders have always tried to meet the challenges of various business enterprises to better support their initiatives. Development, security, and operations, DevSecOps has now emerged as a new means for cross-functional teams to work together. This approach is about considering new services to produce faster than legacy approaches. This is where information security plays an important role and it is vital to ensure that your seamless delivery practices also adopt good security practices. Secure access control devices such as attribute-based access control can now be automated like DevSecOps to ensure easy access to microservices, big data, and APIs, etc.
Identity and access management:
Most organizations are now focusing on a great user experience in order to stand out from the tough competition. But any kind of information security breach can instantly destroy your experience and reputation. Identity and access management is about balancing customer experience and security without sacrificing one for the other. It enables organizations to securely capture and manage customer identity data, profiling the data and controlling their access to various services and applications.
Monitoring and reporting:
Companies are also considering implementing advanced technologies to monitor and report any kind of internal security threats and find the culprits within their organization. It is by using machine learning, artificial intelligence or data analytics that they can now identify anomalies that would otherwise go unnoticed. When any attribute-based access control is implemented, activity log data can be used to improve monitoring and reporting processes.
Protection of applications in the cloud:
Moving to the cloud is what organizations are adopting now. Companies are now moving their infrastructure to the cloud and this means they need cloud-native security products and capabilities. The most important layer of security is access control to data hosted in the cloud and any other business resources. The ABAC model runs in the cloud and is used to protect cloud assets and this provides great flexibility for cloud-based businesses.
Today, around 64% of companies are increasing their information security budget and this means that they are aware of security threats and want to take initiatives to control cyber threat and risk levels.