WHAT IS IN STORE FOR CLOUD SECURITY IN 2018?
It is easy to open with a statement saying every enterprise is going to be impacted by cyber threats. The next question is can we prevent it? The answer is no. However, we can detect it when there is an attack and we can detect it quickly and control the damage. This is the intent of new cyber laws like GDPR (Department of Financial Regulations), NY. Most of the countries including China and India are implementing cyber regulations. Please note it is not compliance, but it is a cyber-regulation. This is a clear signal how important this is going to be for enterprises that hold customer data and how it has to be handled. In 2018 enterprises are going to gear up to meet a lot of these regulations.
Gartner predicts enterprises are going spend a considerable portion of their cloud security budget to detect cyber attacks than just prevention alone. This is the big shift in cloud security, with cloud-native technologies, popularly called as Datacenter 2.0, and if you add Big-data and AI it is called Datacenter 3.0, we are in the position to detect a lot of cyber attacks quickly. This is going to bring in significant disruption in cloud security space. The big technology shift is going to help every enterprise big and small to get the same cyber detection capabilities.
StegoSOC is helping to drive this disruption and innovation by automating threat detection and by bringing threat context and analytics to support investigation and remediation. In short, your CSO is delivered.
Next disruption that is coming in cyberspace is cyber insurance. Enterprises protect their physical assets with insurance. Enterprises own a lot of customer data, it is an enterprise’s best asset. They should protect it by all means. Cyber regulations are going to levy heavy penalty in terms of enterprises annual revenue. The fines are going decided by various parameters like how long the attack went unnoticed, whether it is just negligence, whether adequate measure where taken to prevent it and whether there was a good collaboration with authorities. All these require a huge amount of sophisticated security operations management capabilities.
StegoSOC is building this platform to enable security operations that are aligned with cyber regulations and provide rich tools to manage these operations and support that is necessary respond to cyber threats.
How can we not talk about blockchain in cybersecurity space? If 2017 brought bitcoin as an alternative trading currency, implementation of blockchain technologies in cyber security space is not far off. DARPA is implementing blockchain to protect all sensitive documents. DNS infrastructure will be better protected through blockchain implementation. Sensitive data can be better handled with blockchain. Keyless authentication is a reality with blockchain. What we are most excited and working on is how blockchain and cloud can go hand in hand to fulfill some of the use cases of CSO.
2018 is going to be a tough and challenging year from cybersecurity point of view. StegoSOC is here to help the enterprise to guide through these challenges. We are looking forward to 2018.
Author: Mr. Balaji Kannaiyan, Founder and CEO of Cloudadic.