Welcome Guest | |
Follow Us:
    
Newsletter Signup:
Security as it Was in 2009—and a Look Ahead
Security-as-a-Service and ‘safety in the cloud’ will become central themes in 2010 By Art Coviello, December 29, 2009
If the focus of a year could be summed up in one word, the word I would choose for 2009 is risk. Ignorance of true risk, mismanagement of known risk, and misunderstanding of potential risk precipitated the collapse of our global economic system.  

The bad news is that it took a crisis of such great magnitude to draw world attention to the need for effective risk management. This newfound awareness is good news for those of us in information security leadership. A study conducted by Price Waterhouse Coopers on information security in 2010 revealed that the role of information security within organizations has increased significantly and is now widely recognized within executive ranks as strategic to organizational health and success.  It’s about time.

What’s in store for 2010?
Renewed attention to and focus on risk is often the impetus for significant growth in our industry. What do we see for 2010?  In terms of vulnerability, we see coordinated attacks on the rise. These combined attacks often rely on Trojans to harvest Personally Identifiable Information (PII) and credit card data; that data is then exploited by people and/or social engineering tactics to steal assets; and those assets are eventually delivered to established drop zones for profit sharing.  

Not only are threats increasing in level of sophistication, but the degree to which malware and Trojans have permeated small businesses has reached pandemic proportions. And large enterprises are not immune. RSA’s anti-fraud command center in Israel reports that not only are the number of Trojans doubling every quarter but in a single month 60 percent of the Fortune 500 were determined to be contaminated with Trojans from infected employee laptops.

To address this ‘pandemic,’ another transformation is coming. Security-as-a-Service and ‘safety in the cloud’ will become central themes in 2010. Not just for large enterprises but for small merchants as well. With regard to smaller organizations, we will need to finally face the fact that these operations are ill-equipped to understand, let alone stand up to, the security required to defend against today’s attacks.  

Larger organizations will face new and different challenges as they flock to the cloud in pursuit of dramatic cost and resource efficiencies. It is incumbent upon the information security industry to enable that migration and ensure safety in the cloud.  

In fact, the transition to the cloud can and will offer opportunities for even better security than is possible in physical environments given the opportunity we have to embed security controls directly into the virtual infrastructure making those infrastructures secure and policy aware.  

As we head into 2010, renewed awareness and understanding of risk will once again spur the industry on to new growth. Security delivered as a service will offer protection to those who lack the expertise and/or resources to stand up their own security platforms.  

The unique security challenges and opportunities introduced by cloud computing will push us to match and surpass physical security as we implement virtual infrastructures.   And information security leaders who finally have the ear of the CEO will develop security strategies that not only identify, quantify and mitigate risk but enable innovation and growth in the coming decade.

Art Coviello is Executive Vice President, EMC Corporation and President, RSA, the Security Division of EMC


blog comments powered by Disqus
Featured Videos


 
    
 
Latest Security News
All Articles By Art Coviello
Top Stories
Webcast (On Demand)
"The Social Organization"
Attend Webcast on "The Social Organization" presented by Mark McDonald, Ph.D. Group Vice President, Gartner Fellow, Gartner Executive Programs - He discusses the approaches necessary to bring social media technology together with people to create mass collaboration and transform the way you work. This webcast discusses why it’s important to become a social organization rather than just having social media. Attend this webcast on Demand
Interview
CIOs must leverage social media to increase their presence in the boardroom
Arun Sundararajan, NEC Faculty Fellow and Associate Professor at New York University’s Stern School of Business, discusses with InformationWeek the relevance of social media to the overall business, and how CIOs must handle social media
BankTech India - IT News for BFSI Segment
We're on Google+
InformationWeek India on Facebook