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Increased risk tolerances are making digital transformation programs vulnerable
2021-10-26 04:30

Digital transformation programs could be vulnerable to cyber attacks due to increased risk tolerances and ongoing cybersecurity challenges, according to a global research of 500 cybersecurity decision makers by NCC Group.

Seventy-six per cent admitted that they had increased their risk tolerances to allow changes to their operating model during the pandemic.

Simultaneously, organizations are struggling with security challenges that include balancing proactive security improvements with everyday operations, knowing which risks to prioritise and digesting the volume and complexity of reports from third parties after a security assessment.

The research suggests that this ongoing cyber debt has negatively affected organizations' security postures: forty-five per cent said that their transformation projects had inherited legacy security issues, with just thirty per cent integrating cybersecurity into those programs.

They have exposed themselves to legacy security issues, which could ultimately cost organizations more money by derailing vital transformation projects if they do not repay this cyber debt.

"What is encouraging is to see organizations planning to increase security spending to address this debt. That said, it's vital that these funds are invested as part of a strategic security improvement plan to ensure that legacy security issues are remediated effectively and to provide ongoing improvements to an organization's security posture."?..


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