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Research details developments in the IoT, cloud presents new security challenges for enterprises

IT Market Research

In an era where digital transformation is a necessity for business survival and growth, adopting latest technologies such as cloud and the Internet of Things (IoT) presents complex, new challenges pertaining to security and collaboration for enterprises. One of the major concerns with adoption of cloud computing, IoT and several other latest technologies for enterprises is how their enterprise data and devices will be secured.

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If the security concerns are not completely or satisfactorily addressed, businesses will stand vulnerable against data theft incidents since the surging competence of cybercriminals can effortlessly exploit the pain points of their our network. Cloud services providers and IoT application development companies throughout the world are continually experimenting new techniques to boost the security of their architecture.

The Internet of Things does introduce various architecture dynamics; however, traditional IT security admins might just not be much familiar with them on such as an extensive scale. The rise of these new technologies, and their passionate adoption by leading technology giants the world over, has channelized the interest of most enterprises around the world towards the implementation of advanced enterprise security models, and IAM is just one of them.

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A recent survey by GlobeData, which included 3,242 respondents from over 37 nations, has revealed that around 82% of businesses are focused on their investments in Identity and Access Management (IAM) for reinforcing their infrastructure with identity-enabled security, which can come handy in safeguarding their enterprises from attackers.

The report released by the leading analytics firm under the label, “Strategic Focus: Enterprise IT Security, claims that in order to build a foundation of transparency, it is vital that we implement a common automated asset management system and IT language that can help enterprises leverate current cybersecurity programs and tools to good effect.

Enterprises more keen to implement advanced security solutions in 2018

The survey considered 3,242 respondens from 37 nations and found that enterprises are more than keen to invest in IAM solutions, which proves that IAM is one of the most rapidly emerging security space among businesses.

73% of the enterprises surveyed revealed there plans to invest in IAM by 2020, with the intent of strengthening their infrastructure with identity-enabled security. They are firm on protecting their enterprises from prying cybercriminals.  

Security step-up will help tame rising prominence of cybercrime  

Similarly, content and web filtering, endpoint security, network security, backup and archive are other major aspects that are significant security investments for businesses in 2018.

Cyber attacks have, over the years, transformed drastically from being just theft-intended attacks to high-tech, well-planned assaults of high intensity that are capable of causing critical disruptions by manipulating enterprise data. Several organization have, of late, been targeted by such criminals.

Wanna Cry ransomware that affected enterprises across 100 countries recently is just an example of it.

As a consequence, mobile malware security, proactive threat intelligence and the steeply rising dominance of cloud access security broker (CASB) software and DevSecOps are certain pre-emptive measures being readily implemented by organizations for preventing data theft incidents. They are also being used for implementing enterprise security policies, and offer more ownership to programmers for developing and monitoring apps.

Final word

With all these new security upgrades that enterprises are keen to implement in their business model over the next two years, it makes sense for even small businesses to not curb their desires for adopting IoT and cloud technologies out of fears that they will turn into a massive headache in terms of data, device and enterprise security.

As more and more businesses are looking more than interested to invest in Identity and Access Management to upgrade their enterprise security in context with IoT and cloud services, we will definitely see an all-new wave of IoT adoption this year.

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Finoit Technologies - IT Consulting & Custom SoftwareFinoit Technologies
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