It is safe to say that public- and private-sector enterprises will see their cybersecurity risks and exposures continue to increase in the foreseeable future.
More organizations are interlinking their mission and business performance to the internet through digital services, transactions and websites. According to research from Accenture, 90% of business leaders say that internet-enabled initiatives are among their top three priorities.
Contributing to this concern is the internet of things phenomenon, in which everything from medical devices to air fresheners are becoming “smart” and internet-enabled. Accelerated by the transition to 5G cellular wireless networks, the fast-growing IoT market will dramatically increase our collective exposure to cyber threats. Industry analyst Gartner projects there to be more than 20 billion installed IoT devices in 2020—more than three times the number of devices installed in 2016.
The growth of these initiatives, combined with the aggressiveness and improved tradecraft of hackers, is creating new and persistent cybersecurity challenges for public- and private-sector organizations alike around the globe.
Our research shows that while the layers of protection designed to keep cyber intruders out are working, they are no longer enough to dodge the increasing and multifaceted threat of cyberattacks. So, in a world where everything—including critical infrastructure —is connected, how do we think about and approach cybersecurity differently?
We can start by examining the source of the cybersecurity challenges that many agencies have today. Many agency chief information security officers have cited financial constraints, the lack of enough staff, challenges in recruiting and retaining security personnel, and inadequate expertise in the security staffs that they do have as ..
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