A data breach or IT security incident
could impact transformation strategies
and, in turn, business innovation
and growth. To ensure a secure and
successful approach, businesses
need to put cybersecurity front of mind
when looking at the areas of planning,
processes and people. puts information at risk of compromise
or even encryption, from threats such as
the Zepto ransomware, which spreads
via cloud storage apps. Planning to
avoid these issues is key to Digital
Transformation security.
Planning Embracing Digital Transformation
strategies involves facilitating the
movement and sharing of data, meaning
that cybersecurity needs to be built into
any data processes from the start, if data
is to be secured.
Although Digital Transformation
strategies vary according to business
plans, Aberdeen Group has identified
the three key digitalisation technologies
that have the greatest potential to
impact operations: IoT, due to its ability
to provide operational intelligence; the
cloud, for its scalability; and Big Data
analytics, which can transform data into
predictive and actionable insights.
Digital Transformation often involves
the need to operate with growing IT
infrastructure. Cloud environments provide
the necessary scalability and embracing
IoT involves connecting new devices
across production lines, factory floors or
workspaces every day, then analysing
the data they produce. But businesses
can lack visibility and accountability of
their data when taking this approach. This
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Issue 08
Processes
Nine-in-ten businesses are now using
cloud computing in some shape or form
to improve cost efficiencies and grow
their infrastructure according to demand.
While this means that businesses are
becoming more agile, it is also impacting
the transparency of data exposure. Data
‘on the go’ (including data that’s held
and processed in cloud environments
or in third-party IT infrastructure), is
presenting businesses with new security
issues and, as a result, new costs.
According to our research, the most
expensive cybersecurity incidents over
the past year have been related to
cloud environments and data protection.
For SMBs, two-in-three of the most
expensive cybersecurity incidents are
related to the cloud.
Processing data ‘on the go’ is an
inevitable part of Digital Transformation.
However, the high costs of associated
security incidents could pose a
threat to future Digital Transformation
strategies. The key is to build security
into data processing at every step;
whether that’s through service level
A data breach or
IT security incident
could impact
transformation
strategies and,
in turn, business
innovation
and growth.
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