Cyber-security has emerged as a major challenge for businesses large and small. It increasingly impacts e-commerce, data management, employee collaboration, and a variety of other tasks and processes. In the end, it affects company growth and bottom-line results. A recently released study conducted by research firm Vanson Bourne and sponsored by CA Technologies, "8 Steps to Modernize Security for the Application Economy," examines security in the emerging app economy, including how companies are adapting to an explosion of Internet-enabled devices. Among other things, the survey found that protections must extend beyond internal systems and employees and out to business partners and consumers. There's also a need to shift away from extensive restrictions and use enabling technologies, such as application programming interfaces (APIs), two-factor authentication and bring-your-own-identity approaches. These tools, according to the report, are critical to achieving innovation and tapping into opportunities. Here are some of the key findings from the survey of 1,425 senior IT and business leaders, including CSOs and CISOs.
Transforming into a software-driven business is not easy, as many companies are trying to compete with applications that are better suited to the last century.