The NeoSystems’ team leverages NetSuite to enable organizations to manage IT costs, optimize accounting efficiency, streamline order management and procurement processes, eliminate manually-intensive spreadsheet-based reporting, and improve employee productivity.

Top 5 Cybersecurity Realities for 2017

According to recent prognostications by Gartner, investment in artificial intelligence (AI) and machine-based learning for improved “IT resilience orchestration automation” is going to triple by 2020. The aim is to cut business outages from IT failure, along with the cascading consequences occurring throughout an entire IT ecosystem. Understandably, a focus on cybersecurity is an increasingly significant component of these resilience investments, as security breaches are among the most disruptive — and expensive — events a network can experience. The fix itself if going to be a significant spend, but the loss in productivity would be much, much more costly.

It’s that one-two cybersecurity impact that has business leadership focused on creating optimal conditions for network and database security. Companies are seeking an ideal balance of risk, resilience, usability and expense. They also need broad visibility of their entire IT ecosystem, as well as more overall control.

The imperative for an organization is to recognize how security failures impact its business. Using that as your point of departure, we see five critical areas at present that any company’s cybersecurity team has to keep top of mind:

Cybersecurity Expertise and Data Proliferation Continue to Evolve

In today’s marketplace, IT security skills are invaluable. The need for new and emerging skills is growing at an astonishing rate because data classes and data governance themselves are growing exponentially. In less than five years, enterprises will generate more data than they’ve generated in the entire previous operational history. Protecting that will demand breakthrough data science and analytics, new levels of artificial security intelligence, and ongoing adaptation. Off-the-shelf security solutions? They should be considered a thing of the past.

Cloud Security Is the Emerging Priority

The explosive growth of the cloud environment makes it the most alluring security target. Every company, no matter their size, should demand optimized security, and providers need to move fast to stay ahead of that need. Internally, the cybersecurity teams have to make trust rule the day. You need to establish rigorous security guidelines for both public and private cloud access, and work up a “cloud decision model” to accurately assess cloud risks. If you don’t know what a cloud decision model is, you need to have a conversation with us.

Less Protection and Prevention – More Detection and Response

Here’s a hard cybersecurity truth: you’re not going to stop every attack. And you’re not going to address every threat. This is a realm where a dedicated miscreant with deep pockets is going to want something within your enterprise, and they’re going to spare no expense in getting it. Accept that reality and adapt your security setup so it can detect and respond to those attacks as they happen, minimizing impact. Someday soon, cybersecurity will move to a more predictive model that can meet attacks before anything happens. But until then, be ready to respond to the inevitable assault.

The DevOps Center is Driving Application and Data Security

Applications are revealing a completely new front in the IT security war, but organizations are hesitant to engage in the fight because of expense. Now, we’re learning better ways to determine the value of security with respect to applications, and the impact it has on the bottom line. Also, because time to market has become so compressed, development and operations need to align and even merge. Security has to be baked in from the beginning, not bolted on as an afterthought. If you’re talking to app-dev service providers, knowing what kind of security they provide is essential.

Next Gen Security is Being Driven by Digital Ecosystems

Cybersecurity is about infinitely more than data integrity. It’s also about safety, reliability and privacy. Transgressions are shown to have real-world impact, physical consequences that not only affect systems, but also people and environments. Downplay security imperatives and the consequences, without exaggeration, can be dire — loss of life and destruction of assets, not just disruption of business.

Getting a real sense of today’s cybersecurity landscape, and the strategies and solutions you need in place to give your organization the best chance of surviving and thriving starts with a conversation with the NeoSystems team. Contact me today to discuss your internal security model. It’s not an area to leave to chance, or trust with an outdated or outmoded approach.


Author: Matt Fogo

Matt Fogo has over 25 years of Sales, Services/Delivery, Partner, Project and Product Management experience and a solid background in ERP, Accounting and Financial Systems. His direct experience as a former Controller and broad-based, cross-functional ERP background enables Matt to understand every nuance of the client’s journey and understand customer pain points across the enterprise to deliver superior, quantitative-based results.

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