Outsourcing of security is on the rise. The MSSP business grew into a $9 billion category in 2017, and Gartner reports that over 50% of organizations will be outsourcing some or all of their security work to Managed Security Service Providers (MSSPs) by next year.
Organizations need to support the activities of a wide range of end-users, including third-party vendors, contractors, temporary employees, and more.
Industry 4.0 puts capabilities like interoperability, data transparency, and autonomous cyber systems into the service of industrial operations. The trend relates to cyber-physical systems, cloud computing and, the most pervasive of them all – the Internet of Things. Its openness, self-directed and interconnected nature creates new security challenges. Privileged Access Management (PAM) solutions can play a key role in reducing the risk.
Industrial Control Systems (ICS) are used to remotely control and monitor a variety of industrial enterprises like manufacturing, electricity, water, oil, and gas. The systems operate mostly on remote commands that are pushed to physical stations and devices. These systems are crucial in controlling and monitoring operations to ensure ongoing operations and safety for the surrounding community.
Few people want to talk about the nitty-gritty of IT Security productivity, but the reality is that companies are spending ever-increasing amounts on IT security so productivity is a topic that isn’t going away.