Managing complex risks to protect enterprise assets

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Right now, two trends are gaining momentum simultaneously. The first trend is the move towards digital transformation and the second trend is the escalating cybersecurity threat, according to Eclipse, a DXC Technology Company.

Paul Timmins, Global Director Microsoft, DXC Eclipse, said, “The digitisation of work has delivered significant productivity improvements and has helped businesses improve their ability to compete in a global marketplace. Automating processes that were previously done manually frees up people to add value elsewhere in the business, so companies are getting a better return on their investment in people and in systems.”

This rise in the use of digital systems for all aspects of work is part of a necessary evolution that makes it possible for people to be productive even when they’re not in the office, to deliver more value in less time, and to eliminate (or at least greatly reduce) the errors that arise when tasks are done manually.

At the same time, it’s created a complex challenge for organisations’ IT teams as they scramble to protect all the different endpoint devices connecting to the corporate network for all sorts of purposes.

Paul Timmins said, “Insufficient data security can cripple a business. Beyond the direct results of a cybersecurity attack, which can bring systems down and make it impossible for the business to operate, there are far-reaching consequences. These can range from reputational damage to financial losses and this has put IT security on top of on the boardroom agenda.”

Board members, CEOs, and CIOs are recognising the importance of cybersecurity to the organisation’s bottom line. They’re demanding more information and involvement when it comes to keep the business safe from cybercriminals. Increasingly, they understand that the digital journey must include the security of all information assets including data, customer information, trade secrets, and inventory and supply chain information so that organisations don’t put themselves or their customers and suppliers at risk.

Paul Timmins said, “While organisations might have standards and policies in place, the reality is people don’t always adhere to them, or they find workarounds. Smart organisations are quickly realising that this is not acceptable anymore, and that they need to take appropriate steps to ensure that information systems are architected from the ground up with security in mind.

“This is essential for business process transformation and to combat the rising cybersecurity threat.”

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