CEOs, CISOs double down on cloud-based security



Business leaders who once looked at cybersecurity as part of the infrastructure have shifted to immediate investment in cloud-based integrated systems, according to a new study.

The C-Suite Report: Business and Security Strategies for Today's Intangible Business from a global cybersecurity company, Forcepoint, in partnership with WSJ Intelligence, found that investment has negative implications for innovation, employee security, and competitive advantages.

Even before the COVID-19 epidemic, the "intangible business" began to emerge, with jobs liberated from physical construction or networking. The epidemic has accelerated this trend, and while some of the changes made by 2020 have been strategic, major changes in the outlook will have dire consequences.

According to the report, leaders now see cybersecurity as a priority in the industry with 45% saying they have greatly accelerated digital transformation due to the disease, 48% report greater cybersecurity in making it stronger, and 41% agree that it moves competition.

Nick Savvides, chief marketing officer at Forcepoint Asia Asia, says: "Business leaders are pointing to a different future for cybersecurity."

"When 90% of the leaders believe that the biggest challenge is to have access to any personnel and cloud services, it is clear that basic infrastructure- or security-oriented security devices can no longer meet the needs of today's unlimited business."

SASE is a new standard for De Facto Cyber

Research has provided clear indications of how organizations will be developed, with 48% increasing the use of cloud-based secure systems and 58% realizing the need for an integrated integration framework. Ninety percent of CEOs have already accepted SASE (43%) or are currently testing SASE for approval (47%) while 39% were immediately approved with the establishment of the Zero Trust.

Modified, cloud-driven approaches will provide significant benefits as remote workers will become more independent in revitalizing and running the business, but it also means leaders need to find new ways to protect distributed and cloud-based workforce and drive collaboration and expertise.

"As businesses conduct their business in a world with seemingly endless options, cybersecurity professionals will need to change their role," said Elizabeth Nann, managing director of global consumer understanding at Wall Street Journal Intelligence.

“Research has shown that CISOs adapted to the existing strategy, while the epidemic opened its eyes and changed the CEO's views. This suggests that groups now better understand the importance of an integrated security framework and sustainable environmental adaptation - but not everyone has it yet. ”

A global survey of 508 CEOs and CISOs from industries including health care/life sciences, finance, and marketing has yielded key results such as:

The Place of Business and Security has been changed forever: Cybersecurity is now permanently on the Board

74% redistributed funds for security programs during COVID-19

53% welcomed the need to tightly integrate cybersecurity capabilities into traditional product lines

Going to Joint Security to protect Distributed Businesses

58% see the need for a "Trust Framework" for the distribution of users and devices

48% significantly improved cloud-based security systems

43% agreed to be challenged in the management of products from a large number of retailers

Acceleration of SASE-CEOs and CISOs are Bullish in SASE

While analysts estimate that 40% of businesses will adopt SASE by 2024, the WSJ Intelligence report found that COVID could accelerate this period.

90% of CEOs and 84% of CISOs have indicated that they have accepted or are in the process of accepting SASE