Security breaches involving the loss of personal data continue to feature, almost daily, in the media. These incidents impact business reputation and revenue. There seems to be no let-up in the frequency of data breaches according to new research from Unisys. Is a zero trust approach the best solution to this growing problem.
New research from Unisys Corporation found that IT professionals reported three incidents on average where sensitive information had been lost last year, with some respondents reporting 11 losses for the year. Respondents also reported an average of nine incidents per month where they had to address highly severe security issues.
The survey, conducted by information insights company Information Services Group Inc. (ISG), asked 404 enterprise IT professionals in North America, Europe and Asia Pacific to assess their security operations. The findings illustrate high levels of awareness among respondents of their challenges as well as the need to establish digital trust with their customers as they transform their businesses to cloud and mobile platforms.
As a result of these findings, ISG is forecasting that 60 percent of businesses globally will suffer a major service failure due to the new security issues introduced by shifting workloads to the cloud and enabling mobile and remote employees. The research indicates that between 2016 and 2020, on-premises workloads will decline from 55 percent to 20 percent of all workloads.
To address the challenges associated with digital trust, Unisys recommends the adoption of the zero trust model – an approach to security that recognizes threats emanate not only from outside the perimeter, but also from malicious insiders within trusted zones. The zero trust approach of granting least privileged access to all users requires a combination of microsegmentation and security services such as security information and event management (SIEM), endpoint protection and risk assessment, eliminating the need to buy new gear, rip and replace or add complexity to an already unwieldy architecture.
“In the era of digital transformation, security professionals recognize that digital trust is table stakes – a requirement that, if not met and delivered as part of the experience for stakeholders of the enterprise’s value chain, will upend organizations everywhere,” said Doug Saylors, research director, ISG. “Enterprises that are first to adopt and leverage digital trust fabrics will realize competitive advantages driven by combinations of deeper customer intimacy, operational excellence and product leadership.”
The survey showed that IT professionals recognize the need to address threats coming from outside their enterprises as well as the need to create security-focused cultures within them.
When asked to choose from among 12 IT security challenges at their enterprises, the top challenge was “external threats,” selected by 43 percent of respondents. It was followed by security challenges related to 24×7 operations (selected by 36 percent) and challenges related to legacy technologies (selected by 34 percent).
“Trust in digital business is earned during every digital interaction with the enterprise,” said Tom Patterson, chief trust officer at Unisys. “This means establishing strong bonds of trust throughout their ecosystems of employees, partners, suppliers and customers. By operating resistant and resilient systems, establishing trusted identities, and focusing passionately on client success, it is possible to make trust your critical success factor.”
Unisys Security Solutions protect critical assets by establishing digital trust and providing secure access to trusted users. Unisys solutions help enterprises reduce their attack surface, easily comply with regulations and simplify the complexity of today’s network security. Combining expert consultants, advanced software and managed security services, Unisys helps enterprises build security into the fabric of their digital transformation.
To read a white paper based on the ISG report, click here or visit http://outreach.unisys.com/DigitalTrust. For more information on Unisys security solutions, visit www.unisys.com/business-drivers/security-transformation. For information on Unisys Stealth®microsegmentation products and services, visit www.unisys.com/Stealth.