Cyber threats are evolving, and today's organizations must adjust their cybersecurity strategies accordingly. In fact, professional services firm KPMG has identified six key areas that top organizations' 2019 cybersecurity agendas:
1. Addressing the Shortage of Skilled Cybersecurity Professionals
Automation is becoming exceedingly important, particularly for organizations that face fierce competition to hire skilled cybersecurity professionals. Organizations are frequently exploring automation technologies to streamline cyber threat data collection and analysis. In addition, some organizations are developing training programs to attract and retain top cybersecurity talent.
2. Using Artificial Intelligence (AI) to Combat Cybercrime
Hackers are increasingly using AI, deep learning and machine learning technologies to disguise their cyberattacks. At the same time, organizations can leverage these technologies to quickly identify cyberattacks and minimize their impact.
3. Extending Compliance Beyond Data Security Mandates
The European Union (EU) General Data Protection Regulation (GDPR) and other data security compliance requirements are changing the way organizations manage sensitive information. However, organizations must incorporate data security protocols into their everyday operations to further reduce the risk of compliance violations.
4. Prioritizing Fraud and Cyber Risk
Fraud and cyber risk often go hand-in-hand. If organizations prioritize fraud and cyber risk, they could discover innovative ways to collect and manage customer data and protect this information against cyberattacks.
5. Deploying Identity and Access Management (IAM) to Improve the Customer Experience
IAM solutions now empower organizations to enhance the customer experience. They also enable organizations to simultaneously protect their customers against cyber threats and deliver personalized customer experiences across multiple channels.
6. Finding Ways to Address Phishing Attacks
Organizations sometimes struggle to protect their sensitive data against phishing attacks. With a broad cybersecurity strategy in place, an organization is well-equipped to safeguard its sensitive data against phishing and other cyberattacks.
Updating a cybersecurity strategy could help an organization accelerate growth and innovation as well. If an organization allocates time and resources to optimize its cybersecurity strategy, it could reap the benefits of its cybersecurity investments for years to come.