Top Technology Trends – according to Gartner: Part 2

Security and risk management leaders must address five top trends to enable rapid reinvention in their organization, as COVID-19 accelerates digital business transformation and challenges traditional cybersecurity practices, according to Gartner, Inc.
We continue to look at the top 5 Trends:

Trend 3: Security Support for Remote Work is Here to Stay

According to the 2021 Gartner CIO Agenda Survey, 64% of employees are now able to work from home. Gartner surveys indicate that at least 30-40% will continue to work from home post COVID-19. For many organizations, this shift requires a total reboot of policies and security tools suitable for the modern remote workspace. For example, endpoint protection services will need to move to cloud delivered services.
Security leaders also need to revisit policies for data protection, disaster recovery and backup to make sure they still work for a remote environment.

Trend 4: Cyber-Savvy Board of Directors

In the Gartner 2021 Board of Directors Survey, directors rated cybersecurity the second-highest source of risk for the enterprise after regulatory compliance. Large enterprises are now beginning to create a dedicated cybersecurity committee at the board level, led by a board member with security expertise or a third-party consultant.
Gartner predicts that by 2025, 40% of boards of directors will have a dedicated cybersecurity committee overseen by a qualified board member, up from less than 10% today.

Trend 5: Security Vendor Consolidation

Gartner’s 2020 CISO Effectiveness Survey found that 78% of CISOs have 16 or more tools in their cybersecurity vendor portfolio; 12% have 46 or more. The large number of security products in organizations increases complexity, integration costs and staffing requirements. In a recent Gartner survey, 80% of IT organizations said they plan to consolidate vendors over the next three years.

CISOs are keen to consolidate the number of security products and vendors they must deal with. Having fewer security solutions can make it easier to properly configure them and respond to alerts, improving your security risk posture.

However, buying a broader platform can have downsides in terms of cost and the time it takes to implement. Gartner recommends focusing on TCO over time as a measure of success.