Blog

January 19, 2023

The pace of change in the Cyber Security space has resulted in new threats never faced before. With cybersecurity attacks on the rise, it's important to understand what your organization needs from security and compliance professionals. You need to know the threat landscape, tactics and techniques for data breaches, and how the best organizations defend themselves against cybersecurity threats.

To answer all your queries regarding the challenges and opportunities of digital transformation,

On January 19 our panelists also addressed the issue of maintaining a good balance between security and compliance.

For most businesses, digital transformation is the driving force behind all their technological moves. This includes both technology and security. Two areas that many firms struggle with, however. Thus, keep reading to ensure your company can cope with digital transformation's challenges.

Digital transformation: Challenges and influence on your firm

Digital transformation has been a key factor in developing our society and economy. It has allowed us to become more efficient and effective while at the same time making it easier for us to interact with each other in various ways. However, it also poses new challenges that need to be addressed by CISOs and their teams.

In the virtual council, when our moderator asked our panelists about the biggest business drivers they are challenged to address. Panelists described ROI  from buying into new technology and new technology security as the biggest one. 

Apart from this, eight other challenges faced by IT organizations due to digital transformation are listed below:

  • Lack of foresight for Change Management
  • Complicated Technologies & Applications
  • Promoting the Use of Novel Methods & Techniques
  • Constant Change in Customer Requirements
  • Digital Transformation Strategy Absence
  • Inadequate IT skills
  • Security Issues
  • Budgetary restrictions

Security vs. Compliance: How to maintain a balance between the two?

It's important to have compliance and security in your organization because they work together to create a safe environment for everyone there. Compliance ensures that your organization adheres to all industry standards. Security protects against external threats, such as viruses and hackers, while ensuring your network remains secure. 

Security and compliance go hand-in-hand to protect your organization from cyberattacks while maintaining compliance standards. Here are four steps to ensure that you are meeting security and compliance goals and maintaining a balance between the two:

  • Choose from a variety of compliance frameworks
  • Recognize the intent behind the standards and security measures
  • modify the parameters to your company's requirements and specifications
  • Pay attention to your actions and record them

Panelists defined a true risk manager as someone who works with vendors that provide enhanced security without inconveniencing your clients.

The business world is increasingly becoming "connected" as more and more devices, and systems move to support Cloud, analytics, mobility, and BYOD. As businesses seek to "do more with less" by leveraging low costs of IT operations through Cloud, SaaS, and Big Data, the IT Ops will be forced to adopt the new "DevOps" model for security. 

As a result, the CISO role becomes much like an airline pilot with the additional responsibility of ensuring everyone is connected and working in harmony. We have come full circle – and it is time to focus on the future. The Palo NTT CISO Virtual Council ended with an ample exchange of views, ideas, and concepts. C-Vision International will continue being a platform for effective discussions in the future, focusing particularly on global topics like cybercrime/cyber defense.

Recent  Posts 

Read about the complexities of compliance in hybrid environments. 

Learn about the reasons, challenges, and rewards of migrating to the Cloud.

Cyberattacks targeting healthcare organizations are a growing concern, with connected devices becoming prime …