Complex Risk Environment Challenges Business

By Samuel Greengard
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    Critical Concerns

    Critical Concerns

    Survey respondents said these risks fall into the "more critical today" category: malware (49%), hacking (46%), social engineering/phishing (42%) and risks in emerging areas (39%).

A growing array of digital processes and technologies are ratcheting up the risks for organizations. No longer are threats limited to basic malware, hacking and network intrusions. Increasingly sophisticated attacks—along with newer and more insidious social engineering methods—are challenging many CIOs, CSOs, CISOs and other executives. "Trends in IT Security," a new survey and report from industry association CompTIA, sheds light on how complex the security space has become, and how organizations and business leaders are responding to these challenges. Among other things, the survey of 400 companies in the United States found that perceptions and actual risks are sometimes out of sync; there's a need to shift priorities to new and different vectors and threats; and training methods need to change. Ultimately, organizations must employ newer and better methods for understanding and defending against security risks. This includes data loss prevention (DLP), identity and access management (IAM), and security information and event management (SIEM).

This article was originally published on 2015-05-13
Samuel Greengard writes about business and technology for Baseline, CIO Insight and other publications. His most recent book is The Internet of Things (MIT Press, 2015).
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