Last year was a year of digital acceleration, as new technologies such as 5G, artificial intelligence and next-gen cloud moved into the realm of reality and started to radically transform how business operations work.
In particular, these technologies enable real-time insights that are changing business behaviours. Organisations aspire to build a “real-time enterprise”, where they can make business decisions based on what is happening right now, rather than what happened last week, or last month – and this is particularly the case when it comes to security strategies. So what does this mean for how businesses will work with their security providers?
Become a forward thinker with cyber-intelligence
The first point to consider in the real-time enterprise environment is that businesses no longer have to be the unknowing victims of cyber-crime – there are now several tools at their disposal to help them proactively take on cyber-criminals and lessen the impact a cyber-attack may have. Cyber-intelligence will be used in more meaningful ways this year, and be recognised as the catalyst for greater proactive threat hunting and security awareness within the business. Using this “intelligence posture” will enable companies to look under the covers of cyber-crime and hunt threats earlier in the game, increasing detection speeds and response for more timely containment of threats.
However, selecting the correct intelligence partner is key, so consider this decision carefully. Companies should look to suppliers that have access to intelligence based on a broad sweep of data traffic, that is cross-checked with other sources – this will provide a well-rounded view. For example, at Verizon, we cross-reference data from our global IP network and our Managed Security Services engine with intelligence gleaned from over a decade of analysis from our DBIR series – this enables us to offer our customers a treasure trove of cyber-intelligence that is hard to beat.
Enhance visibility of the cyber risks out there
Research also shows that 90 per cent of board members do not understand the cyber-risk profile of their business and, considering today’s changing threat landscape, this leaves many businesses vulnerable to the cyber-dangers out there. Preventing and responding to cyber-risks requires real-time visibility of the real-time cyber-environment.
Verizon’s Risk Report is an information framework that is designed to introduce businesses to the concept of viewing their own security posture – an outward and inward evaluation of cyber-risk. Security Executives making a business or purchasing decision can use this dynamic snapshot of their risk profile to adapt their security posture in real-time to address any identified gaps.
We will see this type of solution become more sophisticated as the year continues. More value-add partners will be introduced so that these frameworks can embrace threat analysis from varying perspectives to deliver an even fuller view of the cyber-threat environment for customers.
Look for a strategic partner and not a transactional supplier
With new technologies disrupting traditional business models, we also can’t expect the supplier relationships of the past to remain unchanged. A rethink is required. Security has changed – it is no longer simply about boxes, solutions and products, but rather intelligence, insight and consultancy. It is no longer a one-off or monthly transaction, but rather an ongoing journey that needs to adapt as cyber-threats evolve, technologies develop and business needs change. Businesses need to align themselves with a security strategy partner who understands this shift and recognises the need to grow alongside their customers.
Strategic partners will unite unique combinations of technology know-how, professional service expertise and global service models to make real-time security a reality, optimising security operations to work in a real-time environment and beyond the traditional security perimeter. They will be able to pull cyber-response teams together when required, and run to the cyber-crisis to get it under control and resolved quickly and efficiently.
Start to question more
One thing is certain: technology is the foundation for helping to maintain business success. Businesses need to be questioning how security will be able to underpin their real-time enterprise initiatives, and how their security providers will help ensure these foundations remain secure. Members of the security industry need to provide more added value and forward-thinking visions as businesses become more aware of the need for agility and intelligent adaptable security in this digitally enhanced world.
About Verizon’s security services and solutions
Verizon is a leader in delivering global managed security solutions to enterprises in the financial services, retail, government, technology, healthcare, manufacturing and energy and transportation sectors. Verizon combines powerful intelligence and analytics with an expansive breadth of professional and managed services, including customisable advanced security operations and managed threat-protection services, next-generation commercial technology monitoring and analytics, threat intel and response service and forensics investigations and identity management. Verizon brings the strength and expert knowledge of more than 550 consultants across the globe to proactively reduce security threats and lower information risks to organisations.
By Ali Neil, Director, International Security Solutions, Verizon