As COVID accelerates digitisation, organisations must address the top 8 security and risk management trends enabling business transformation. Gartner noted these trends are expected to have significant potential for disruption ahead.
Highlights:
- The rise of cybersecurity mesh
- Managing and monitoring identities needs to improve
- Skills gap is the top challenge
- Security support needs to align with the reality of remote work
In the opening keynote at the Gartner Security & Risk Management Summit virtual event, Peter Firstbrook, research vice president at Gartner, said these trends are a response to persistent global challenges impacting all global organisations.
“The first challenge is the skills gap. 80% of organizations tell us they have a hard time finding and hiring security professionals,” said Mr Firstbrook.
Also read: The AI Talent Crisis Is A Myth
Other key challenges affecting security and risk management in 2021
The top security and risk management trends are impacted by the changing global landscape and increasing complexities. These are some of the other key challenges:
- Complex geopolitical situation
- Increasing global regulations
- Migration of workspaces and workloads off traditional networks
- Increasing endpoint diversity and locations
- Shifting attack environment
71% of organisations say the skills gap is impacting their ability to deliver security projects
The top security and risk management trends for 2021, according to Gartner:
- Cybersecurity Mesh
- Identity-First
- Support for Remote working model
- The emergence of the Cyber-Savvy Board
- Vendor Consolidation
- The Privacy imperative
- Breach and Attack Simulation
- Managing Machine Identities
Gartner’s Board of Directors Survey rated Cybersecurity as the second-highest source of risk for the enterprise, following regulatory compliance risk. This awareness at the top is shaping the security and risk management of the enterprises in line with the changing trends.
Almost half of the Boards anticipate changing their business model as a result of the pandemic
By 2025, 40% of boards of directors will have a dedicated cybersecurity committee, up from less than 10% today. For more details, check out the report here.
IT Security and Risk Management Spending in Australia to Exceed A$4.9 Billion
Organizations in Australia could spend over A$4.9 billion on enterprise security and risk management in 2021. The spending is set to increase by 8% from the previous year.
Rather than adopting a compliance-centric posture, organizations need to adopt a risk-based approach to security, protecting the organization from the most critical threats while focusing on business outcomes, Gartner noted.
