Cybersecurity Privacy GSISS Report 2017

How organizations are adopting innovative safeguards to manage threats and achieve competitive advantages in a digital era. This report examines the approach that could be taken. The report GSISS is thorough and can aid any organization.

Think broadly about cybersecurity privacy

Most businesses today are fundamentally digital, and software is becoming the backbone of operations, products and services. Organizations are exploring new opportunities to create value and competitive advantages. This is done by integrating cybersecurity and privacy with digital business strategies. Consider the automotive industry. In the past, buying an automobile focused on performance, design, capabilities and price of the vehicle. Today, these factors are being eclipsed by connectivity, in-car digital content and services, and autonomous driving features. A growing range of automobile manufacturers, telecommunications operators, software vendors and consumer electronics firms provide a robust aftermarket in digital services.

Move Away from Fear, Uncertainty and Doubt (FUD)

This represents a distinct shift: Many organizations no longer view cybersecurity as a barrier to change or as an IT cost. They understand that cybersecurity solutions can also facilitate business growth, create market advantages and build brand trust.

Cybersecurity Privacy GSISS Report 2017

In large part, this shift in thinking is an outgrowth of the digitization of business. Today, organizations
not only create products but they also deliver complementary (and sometimes complimentary) software-based services for products that extend opportunities for customer engagement and growth.

Cloud-based platforms as an opportunity for cybersecurity privacy

The need to proactively address cybersecurity and privacy risks continues to increase. It’s not the only driver, however: Data privacy and trust have also become critical business requirements as exponentially more consumer and business information is generated and shared.

As a result, forward-thinking organizations are pivoting toward a new model of cybersecurity, one that is agile, capable of acting on analytic inputs and adaptive to evolving risks and threats. At the core of this new approach are solutions like data analytics and real-time monitoring, managed security services, advanced authentication and open-source software.
Cloud-based solutions are not new. What is new is how these solutions are being distributed and focused. Some, such as adoption of open-source software, represent a radical shift in how organizations develop and run on-premises systems.

Technologies used to address threats and add value

Source: PwC, CIO and CSO, The Global State of Information Security® Survey 2017, October 5, 2016

If there is one unifying thread, it’s the cloud. The power and interoperability of cloud-based platforms enables organizations to synthesize a range of synergistic technologies. Businesses can leverage the inherent simplification of cloud architectures to confidently build secure new products and services on the cloud. These architectural advantages represent a breakout opportunity for the integration and improvement of cybersecurity and privacy tools.

Remember if you need help with your cybersecurity needs contact us.

Learn more by downloading the report2016-PWC-gsiss-report-cybersecurity-privacy-safeguards.pdf