Surprisingly, I’m not going to be directly covering cybersecurity in this blog post. Rather, I’m going to explore how we, as professionals, need to understand the changing business dynamics. This includes what digital transformation means, how we build cyber resilience into the business and how we should really be talking about business resilience.
It’s an area I spoke about at this week’s eCrime Congress in London but it’s also what the board and our clients are interested in – not the stats on increasing threats, nor that our TV is listening to us. The board are interested in how to combat the challenge of digital transformation and what it means from a true business perspective.
Digital disruption will have a significant impact on businesses and we need to take a very different approach to business and the actual business risks. Competition in the digital age can, and will, come from every angle – and often from areas that (as a business) you least expect.
Autonomous cars will have an impact on insurance companies because there will be less accidents. Cars will become entertainment or business hubs as we no longer have to drive. Tesla, for example, is seen as an innovator in the car industry, but is it just a car or in fact a battery for my solar panels?
This disruption to business requires a new approach to cybersecurity, an approach that embeds and integrates cyber resilience into the business to enable digital transformation and growth in the digital age. This approach builds into what NTT Security has deemed as business resilience. That is the ability for organisations to embed cyber resilience into their business so that clients can confidently achieve their operational efficiency and digital transformation goals.
Re-thinking cyber-security: how the truth about threat, cost and value demands new answers, skills and people