By Doug Olenick | SC Magazine
Sami Laine, director of technology strategy, Okta
Look out for contextual access spending to spike in 2020. In the coming decade, organizations will shake up their security budgets to account for a Zero Trust strategy. Spend on perimeter will move instead towards access points that are more dynamic; we’ll see a decrease in firewall and perimeter investment and in 2020, expect an increase in spend on tech like context-based access management. With 97 percent of organizations using cloud services, the network perimeter can no longer serve as a barometer for trust – companies are starting to operate through the lens of least privilege, analyzing each authentication and authorization deeply. And as machine learning technology continues to evolve and move past heuristics towards true individualized pattern recognition, we’ll see that increasingly baked into security budgets as well.
Humberto Gauna, information security advisor, BTB Security.
The increasing frequency of ransomware attacks shows no sign of slowing down, but companies have found success in quickly recovering from these attacks without paying by investing in recovery operations. Next year, CISOs and security teams will continue to invest in the tools and processes needed to recover backups seamlessly and ensure business continuity. Every organization should have the ability to recover from data loss, no matter the cause, but we have strayed away from data backup and recovery due to resiliency in RAID configurations as well as equipment availability. I expect more CISOs to invest in recovery operations as the threat of ransomware continues to grow.
External Link: 2020 Predictions: Cybersecurity Budget