Intelligent CIO Middle East Issue 53 | Page 27

//////////////////////////////////////////////////////////////////// TRENDING This is of particular significance – especially in the UAE as government bodies and public and private companies have started investing in research and development groups to maximise the benefits for the region. Having said that, 27% still see the disruptive technology as a threat within the next year, highlighting the need for organisations to improve their post-quantum encryption strength. Not all industries are embracing DX at the same rate The 2020 Thales Data Threat Report also explores how government, financial services, healthcare and retail sectors embrace Digital Transformation and associated security measures in varying degrees. Globally, government and federal entities are leading the way in DX, and Digital Transformation (DX) initiatives are forecast to increase at a CAGR of 17.6% in the MEA region over the 2019 to 2023 period. However, globally, 52% of government respondents have experienced a data breach or failed compliance audit this year. In efforts to secure citizen and resident data, governments in the Middle East have digitised identification documents which carry biometric details, biological features and user data. Respondents from financial services experienced the highest data breach at 54%. Respondents from retail and healthcare industries followed suit at 49% and 37% respectively. Key takeaways for improving data security Data security is challenging, but across Big Data, IoT and containers, encryption is a key driver for adoption and usage. Based on this year’s findings, security professionals should: • Invest in modern, hybrid and multi-cloudbased data security tools that make the shared responsibility model work • Consider a zero-trust model to secure data • Increase focus on data discovery solutions and centralisation of key management to strengthen data security • Focus on the threat vectors within their control • Utilise encryption to remain vigilant against today’s data risk reality “As organisations face expanding and more complex cybersecurity challenges because of multi-cloud adoption and Digital Transformation, they need smarter and better ways to approach data protection,” said Frank Dickson, Program Vice President, Cybersecurity Products, IDC “Zero trust is a fantastic initiative to authenticate and validate the users and devices accessing applications and networks but does little to protect sensitive data should those measures fail. Employing robust data discovery, hardening, data loss prevention and encryption solutions “ AS ORGANISATIONS FACE EXPANDING AND MORE COMPLEX CYBERSECURITY CHALLENGES BECAUSE OF MULTI-CLOUD ADOPTION AND DIGITAL TRANSFORMATION, THEY NEED SMARTER AND BETTER WAYS TO APPROACH DATA PROTECTION. provide an appropriate foundation for data security, completing the objective of pervasive cyber protection.” Tina Stewart, Vice President of Global Market Strategy for Cloud Protection and Licensing Activity at Thales, added: “The Thales 2020 Data Threat Report- Global Edition clearly demonstrates that unprecedented amounts of sensitive data are being stored in multi-cloud environments by organisations all over the world. “Having the right cloud security in place has never been more critical. As 5G networks are rolled out, IoT continues to expand and quantum computing creeps closer to becoming a reality, organisations must adopt a more modern data protection mindset. The first step towards protecting sensitive data is knowing where to find it. Once classified, this data should be encrypted and protected with a strong multicloud key management strategy.” • www.intelligentcio.com INTELLIGENTCIO 27