Digital transformation creates new security threats and increases the potential impact of cyber attacks. However, so far risk management hasn’t kept up with the pace of change, according leading security executives and analysts.
The changes brought on by digital transformation mean it is now impossible to completely guard against security threats and digital businesses must essentially pick their poison in some cases. Rather than focusing only on prevention, the best defence now is an integrated approach to digital risk management and a “risk aware” culture, according to the experts Which-50 spoke with.
“Digital threats spread faster [and] go deeper from a business impact perspective than perhaps some of the old school or traditional elements of risk,” said Ben Desjardins, Vice President, Product Marketing, RSA Security, a cybersecurity firm with customers including Dell, Me Bank and Seek.
“As organisations move down a path of digital transformation they’re really creating the pathways for that deep business impact [of cyber attacks].”
The same requirements that drive digital transformation – open data, speed and agility – are also creating exploits for bad…
