The digital explosion is reshaping organizational security and risk management. Mobile, cloud computing, social networking and the Internet of Things are just some of the factors driving this transformation.
Enterprises able to reap the benefits of digital tools and platforms will see a sustained competitive advantage over time; those unable to do so could experience a decline in their competitive ranking as early as 2017.
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“This reality challenges the status quo in information risk and security management. Many conventions and technologies on which risk and security practices have been based do not scale in the new reality,” warns Tom Scholtz, research vice president and Gartner Fellow.
“IT risk and information security leaders must assess and transform their programs to become digital business enablers rather than obstacles to innovation,” Mr. Scholtz said. “Organizations that are able to successfully establish an ecosystem that balances protecting and growing the business will remain competitive and in a position to address cybersecurity threats.”
Digital business is pushing the environment for protecting data and infrastructure into the physical world, merging functions focused on data and information with those that make actual changes to people and their surrounding environments.
“Protecting information alone isn't enough, and ensuring the confidentiality, integrity and availability of that information isn't enough,” says Scholtz. “Risk and cybersecurity leaders must now assume the responsibility of providing safety for both people and their environments.”