New Cyber-Security Model Spurs Innovation

By Karen A. Frenkel  |  Posted 12-20-2016 Email

Forward-thinking organizations are adopting a new model for cyber-security that acts on analytic inputs and adapts to evolving risks and threats, said a new report from PwC. As a result, cyber-security is leading to innovations. The new approach includes data analytics and real-time monitoring, managed security services, advanced authentication and open-source software. The study, "Global State of Information Security Survey 2017," finds that more products and services connected to the internet are driving new approaches to cyber-security and risks to privacy. Another driver: Data privacy and trust have become critical business requirements as more consumer and business information is generated and shared. These trends and the cloud are having an impact on the bottom line. "The fusion of advanced technologies with cloud architectures can empower organizations to quickly identify and respond to threats, better understand customers and the business ecosystem, and ultimately reduce costs," said David Burg, PwC's U.S. and Global Leader, Cyber-Security and Privacy. "We’re seeing more and more that cyber-security can actually become a remarkable way to help a company innovate and move faster.”

Karen A. Frenkel writes about technology and innovation and lives in New York City.


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