Gartner: By 2020, 60 percent of companies will improperly manage security risks

Traditionally, security was all about control; the taller your walls, the lower your risk. However, as digital business has become the norm, the definition of a traditional IT environment has expanded to include cloud environments, software-as-a-service solutions, operational technology, devices and more.

In a recent report, titled “Cybersecurity at the Speed of Digital Business,” Gartner analysts Paul E. Proctor and Ray Wagner write: “It used to be easy to protect data because we knew where it was — in the data center.” As the lines defining a data center environment have shifted, it’s no surprise that the face of data security has changed, as well. It’s critical for organizations to keep abreast of such changes and avoid them getting in the way of new projects and initiatives. As Cisco recently noted, 71 percent of companies believe that cybersecurity concerns are impeding their innovation.

Security is a group effort. It relies on buy-in and awareness at every level of an organization, from the C-suite to the data itself. Part of this awareness involves learning to live with risk and knowing your company’s limits for it. Without actively working toward these goals, even the most advanced digital businesses can suffer major service failures as a result of improperly managed risks; Gartner predicts that 60 percent of such organizations will experience a security incident for this reason by 2020.

Proctor and Wagner also discuss how the relationship between better understanding of IT environments and better data security will grow in years to come:

“Organizations will learn to live with acceptable levels of digital risk as business units innovate to discover what security they need and what they can afford. Digital ethics, analytics and a people focus will be as important as technical controls.”

When you’re data-aware, you have a full view of the location and activity of your structured and unstructured data. Coupled with the right security solutions, every company can manage its risk posture efficiently and effectively.

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Andrew Hay

Andrew Hay

With over 15 years of data security experience in various roles inside organizations as well as advising them, Andrew serves as the chief information security officer at DataGravity. He is responsible for the development and delivery of the company’s comprehensive data security strategy. Prior to DataGravity, Andrew was the director of research at OpenDNS (acquired by Cisco) and the director of applied security research and chief evangelist at CloudPassage.