The threat landscape rising

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With companies are becoming risk averse, focusing on protecting key assets and tightening security policies. Organizations are slower to adopt new technology innovations as they work harder to secure them both during and after implementation. According to a recent IDC survey, more than 80% of respondents said they plan to move their data out of public clouds and into private clouds or on-premises environments within the next year, making the data accessible only to corporate network users.

The retreat to old mechanisms is understandable, since any technological innovations can lead to unpredictable risks. For example, as happened with “smart” speakers, which from assistants turned into a source of problems for some users. And developers have to quickly fix the discovered vulnerabilities. The same is with updating security systems. Companies realize that this is a necessary measure to protect against new attacks, but they are afraid of possible costs and system failures. Therefore, boards of directors often refuse to accept innovations and hope for the best.

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Hoping for the best is not the best position, since the longer a company delays developing information security systems, the more new advanced threats can cause financial and reputational losses.

Moreover, the biggest changes in work are coming from employees, not from IT teams or management. Think about how tools came into our lives that revolutionized collaboration: sharing documents via Dropbox, managing Google Docs, or negotiating on Skype. Employees wanted to be more mobile, use personal devices in their work, and manage information more easily, so they started implementing new programs — much to the surprise and concern of IT directors.

Such concerns have often led to organizations banning the use of personal smartphones for work, blocking so-called shadow computer applications. In other words, focusing not on finding possible solutions, but on reducing sources of risk. This approach not only loses in terms of security, since employees still find ways to bypass the bans, but also slows down the potential for business growth.