Welcome!

Related Topics: @CloudExpo, Java IoT, Microservices Expo, Cloud Security, @BigDataExpo, SDN Journal

@CloudExpo: Article

What Today’s Hyperconnected World Means for the Enterprise Security

Thoughts on the Report from McKinsey

A newly released report from McKinsey & Company, Risk and Responsibility in a Hyperconnected World: Implications for Enterprises, highlights the findings of a year's worth of McKinsey research conducted in partnership with the World Economic Forum. Based on the interviews with over 200 enterprises and organizations the findings highlight the importance of protecting online proprietary data and information and puts forth 7 ideas for how to protect the enterprise.

The report first observes that with the rise of new and novel ways to access information via mobile devices, data security risks have dramatically increased. Despite the billions of dollars spent to secure data, cybercriminals have proven themselves to be a highly adaptable, sophisticated, well-funded crew, equipped to take advantage of any weaknesses in an enterprise's security technology. Recent examples of large breaches at Target and Adobe could potentially really just be the tip of the iceberg.

As I mentioned, the research sets forth seven practices for executives tasked with battling cybercriminals; here is the list with a few observations on each:

1. Prioritize information assets based on business risks.
At PerspecSys, we've long championed this idea as an important part of any cloud security strategy. It enables a smooth, risk-based strategy for protecting the corporation and helps prioritize IT activities on the most impactful security technologies/processes. It is amazing how quickly things can happen when risks are well understood (see #6 below). Which leads directly to the next tenet...

2. Provide differentiated protection based on importance of assets.
This is especially relevant when choosing where and how enterprises select their cloud computing environment (public, private or hybrid cloud) and what obfuscation technologies to deploy (tokenization, encryption, location and ownership of keys, etc.).

3. Deeply integrate security into the technology environment to drive scalability.
This strategy helps better protect assets while staying a step ahead of both cybercriminals and competition. And as I stated in my predictions of what we'll see this year, the solutions that pull ahead in the marketplace will provide strong security, leverage existing data center investments and scale without disrupting usability of the cloud.

4. Deploy active defenses to uncover attacks proactively.
No organization can afford to wait for evidence of attacks. Technologies and processes should be in place to preemptively search out and stop any vulnerability. For example, an enterprise can proactively keep its most sensitive assets out of the cloud without adversely impacting their end user's cloud experience, by using a product such as ours.

5. Test continuously to improve incident response.
Testing is a key part of cybersecurity and we've seen with recent attacks that response matters - led by the IT department, but including all major departments. Solutions like those from Co3 Systems can help an organization be prepared if and when the time comes.

6. Enlist frontline personnel to help them understand the value of information assets.
The end users often feel the impact of cybersecurity choices the most and need to be up to speed on what is at stake with certain data assets - especially important with the rise of mobility and BYOD in the workplace.

7. Integrate cyber-resistance into enterprise-wide risk-management and governance processes.
Cybersecurity is clearly not just an IT department issue, but a decision and process that should involve multiple teams within the enterprise.

There was some disagreement in the survey about the issue of cybersecurity regulations and there was also some division by industry (which makes sense given the disparity in regulations already in place by industry sector). We believe regulation will continue to grow and be increasingly complex, making full awareness and compliance with any and all applicable industry regulations a must by security solution providers - whether PCI DSS, HIPAA or others.

Finally, we agree that this is a C-Suite and boardroom issue - the viability of institutions depend on proactively removing enterprise risk and threat.

I strongly recommend you download and read the full report. I look forward to future updates from McKinsey and the World Economic Forum.

Read the original blog entry...


PerspecSys Inc. is a leading provider of cloud protection and cloud encryption solutions that enable mission-critical cloud applications to be adopted throughout the enterprise. Cloud security companies like PerspecSys remove the technical, legal and financial risks of placing sensitive company data in the cloud. PerspecSys accomplishes this for many large, heavily regulated companies across the world by never allowing sensitive data to leave a customer's network, while maintaining the functionality of cloud applications. For more information please visit www.perspecsys.com or follow on Twitter @perspecsys

More Stories By David Canellos

David Canellos is a security veteran who is now President and CEO of PerspecSys. An entrepreneur specializing in bringing innovative security and privacy solutions to market, he has been instrumental in establishing PerspecSys as the leader in the Cloud data Protection Gateway market.

Before joining PerspecSys, David held executive positions at Irdeto Worldwide, which acquired the company he led, Cloakware, which was a pioneer in encryption and digital rights management. Before joining Cloakware, he was the General Manager and Vice President of Sales for Cramer Systems (now Amdocs), a UK-based company, where he was responsible for the company’s revenue and operations in the Americas. Prior to his work with Cramer, David held a variety of executive, sales management and business development positions with the Oracle Corporation, Versatility and SAIC.

Comments (0)

Share your thoughts on this story.

Add your comment
You must be signed in to add a comment. Sign-in | Register

In accordance with our Comment Policy, we encourage comments that are on topic, relevant and to-the-point. We will remove comments that include profanity, personal attacks, racial slurs, threats of violence, or other inappropriate material that violates our Terms and Conditions, and will block users who make repeated violations. We ask all readers to expect diversity of opinion and to treat one another with dignity and respect.


Latest Stories
From 2013, NTT Communications has been providing cPaaS service, SkyWay. Its customer’s expectations for leveraging WebRTC technology are not only typical real-time communication use cases such as Web conference, remote education, but also IoT use cases such as remote camera monitoring, smart-glass, and robotic. Because of this, NTT Communications has numerous IoT business use-cases that its customers are developing on top of PaaS. WebRTC will lead IoT businesses to be more innovative and address...
Blockchain is a shared, secure record of exchange that establishes trust, accountability and transparency across business networks. Supported by the Linux Foundation's open source, open-standards based Hyperledger Project, Blockchain has the potential to improve regulatory compliance, reduce cost as well as advance trade. Are you curious about how Blockchain is built for business? In her session at 21st Cloud Expo, René Bostic, Technical VP of the IBM Cloud Unit in North America, will discuss th...
While some vendors scramble to create and sell you a fancy solution for monitoring your spanking new Amazon Lambdas, hear how you can do it on the cheap using just built-in Java APIs yourself. By exploiting a little-known fact that Lambdas aren’t exactly single-threaded, you can effectively identify hot spots in your serverless code. In his session at @DevOpsSummit at 21st Cloud Expo, Dave Martin, Product owner at CA Technologies, will give a live demonstration and code walkthrough, showing how ...
SYS-CON Events announced today that CA Technologies has been named “Platinum Sponsor” of SYS-CON's 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. CA Technologies helps customers succeed in a future where every business – from apparel to energy – is being rewritten by software. From planning to development to management to security, CA creates software that fuels transformation for companies in the applic...
Cloud adoption is often driven by a desire to increase efficiency, boost agility and save money. All too often, however, the reality involves unpredictable cost spikes and lack of oversight due to resource limitations. In his session at 20th Cloud Expo, Joe Kinsella, CTO and Founder of CloudHealth Technologies, tackled the question: “How do you build a fully optimized cloud?” He will examine: Why TCO is critical to achieving cloud success – and why attendees should be thinking holistically ab...
As more and more companies are making the shift from on-premises to public cloud, the standard approach to DevOps is evolving. From encryption, compliance and regulations like GDPR, security in the cloud has become a hot topic. Many DevOps-focused companies have hired dedicated staff to fulfill these requirements, often creating further siloes, complexity and cost. This session aims to highlight existing DevOps cultural approaches, tooling and how security can be wrapped in every facet of the bu...
Internet of @ThingsExpo, taking place October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 21st Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The Internet of Things (IoT) is the most profound change in personal and enterprise IT since the creation of the Worldwide Web more than 20 years ago. All major researchers estimate there will be tens of billions devic...
WebRTC is great technology to build your own communication tools. It will be even more exciting experience it with advanced devices, such as a 360 Camera, 360 microphone, and a depth sensor camera. In his session at @ThingsExpo, Masashi Ganeko, a manager at INFOCOM Corporation, will introduce two experimental projects from his team and what they learned from them. "Shotoku Tamago" uses the robot audition software HARK to track speakers in 360 video of a remote party. "Virtual Teleport" uses a...
yperConvergence came to market with the objective of being simple, flexible and to help drive down operating expenses. It reduced the footprint by bundling the compute/storage/network into one box. This brought a new set of challenges as the HyperConverged vendors are very focused on their own proprietary building blocks. If you want to scale in a certain way, let’s say you identified a need for more storage and want to add a device that is not sold by the HyperConverged vendor, forget about it....
SYS-CON Events announced today that Calligo has been named “Bronze Sponsor” of SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Calligo is an innovative cloud service provider offering mid-sized companies the highest levels of data privacy. Calligo offers unparalleled application performance guarantees, commercial flexibility and a personalized support service from its globally located cloud platform...
As DevOps methodologies expand their reach across the enterprise, organizations face the daunting challenge of adapting related cloud strategies to ensure optimal alignment, from managing complexity to ensuring proper governance. How can culture, automation, legacy apps and even budget be reexamined to enable this ongoing shift within the modern software factory?
SYS-CON Events announced today that Elastifile will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 - Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Elastifile Cloud File System (ECFS) is software-defined data infrastructure designed for seamless and efficient management of dynamic workloads across heterogeneous environments. Elastifile provides the architecture needed to optimize your hybrid cloud environment, by facilitating efficient...
SYS-CON Events announced today that Cloudistics, an on-premises cloud computing company, has been named “Bronze Sponsor” of SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Launched in 2016, Cloudistics helps anyone bring the power of the cloud to the data center in an easy-to-use, on- premises cloud platform that automatically provides high performance resources for all types of applications: Docke...
With Cloud Foundry you can easily deploy and use apps utilizing websocket technology, but not everybody realizes that scaling them out is not that trivial. In his session at 21st Cloud Expo, Roman Swoszowski, CTO and VP, Cloud Foundry Services, at Grape Up, will show you an example of how to deal with this issue. He will demonstrate a cloud-native Spring Boot app running in Cloud Foundry and communicating with clients over websocket protocol that can be easily scaled horizontally and coordinate...
@DevOpsSummit at Cloud Expo taking place Oct 31 - Nov 2, 2017, at the Santa Clara Convention Center, Santa Clara, CA, is co-located with the 21st International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is ...