Security

Security

As the world around is evolving and becoming increasingly complex and interconnected, the nature of threat to global security is also transforming. The recent rise in protectionism along with nationalism, intensified geopolitical competitions and resurgence of regional conflicts all pose serious challenges to global security. Over the years, the threat of environmental risks aggravated by climate change has been a rising concern for global security. Similarly, in a world of interconnected systems, cyber security has been cited as number one threat to the global economy. Furthermore, the nature of conflict and warfare is changing, conflicts are no longer limited to conventional weapons and battles. While the world has become remarkably adept at understanding how to mitigate conventional risks, we still struggle when it comes to dealing with complex risks that underpin our world. A trend towards nation-state unilateralism may make it more difficult to sustain the long-term, multilateral responses that are required to counter these cross border issues.

Countries need to work together to tackle challenges that extend beyond their own borders. Cooperative efforts are also essential for enhancing cyber security, tackling corruption, and mitigating and coping with climate change.

At FSI, we offer a global community so that you can network and collaborate across sectors and regions. We recognize deserving governments, businesses, individuals or organizations that have adopted an innovative approach to addressing international security challenges.

Related Thought Leadership

Digitalization and Real-time Visibility Transforming the Global Critical Infrastructure Cyber Security Market

Today’s evolving cyber security threat landscape has left no system or network impervious to changing risk profiles. While corporate and consumer businesses remain popular marks for cyber-attacks, critical infrastructure facilities have become increasingly popular threat targets; they are highly vulnerable to major operational disruptions and cyber-incidents that can lead to real-world peril. Despite the ever-increasing threat landscape and their incredibly high risk profile, critical infrastructure organizations remain far behind where they should be in their cyber-maturity and digital resilience strategies, necessitating a rapid push to fortify cyber-defenses and manage their cyber-risk profiles. As the security industry is seeing increasing convergence between the physical and digital security domains, critical infrastructure organizations highlight how a cyber security attack affecting organizational networks could result in a physical disaster in society. Critical infrastructure organizations need to focus their cyber security strategies on the twofold task of maintaining regulatory compliance and uninterrupted operations while at the same time building up their digital resiliency strategies. They can do this by adopting solutions that will monitor, inventory, analyze, and assess all connected assets, networks, and systems to determine any pertinent vulnerability; to assess risks; and to enact mitigation, remediation, or quarantine policies to protect their operational networks without disrupting services. #Cyber Security #Cyber attacks #Digital Infrastructure #Security #Compliance and Mitigation

Human Factors in Security—Global Security Awareness Training Market

Enterprises are exposed to multiple types of threats to confidential company data pertaining to employees, partners, suppliers, and customers. Despite having advanced technological systems and policies in place, human error exposes an organization to attacks from cyberadversaries. Companies are facing a substantial threat from social engineering attacks such as phishing, especially because remote working is on the rise due to the COVID-19 pandemic. As a result, businesses of all sizes are realizing the importance of training non-technical employees to become the first line of defense for their organizations. The best technological solutions cannot prevent an attack when employees are not aware of security best practices. This Frost & Sullivan study on the global security awareness training (SAT) market examines the 3 key strategic imperatives that will impact the market; market growth drivers and restraints are also discussed. However, the focus of the study is on the growth opportunities (GOs) that can be mined with the rising trend of social engineering attacks and the associated threats to the revenue and the reputation of enterprises. Some of these GOs include white label partnerships, partnerships with distributors and resellers, and awareness campaigns to increase customer education about SAT. #Global Security #Awareness #Training #Technological Innovation #Cyber Security

Global Email Security Market, Forecast to 2025

This Frost & Sullivan research service analyzes the global email security market. Email remains the number one threat vector. It is the primary mode of corporate communication and the de facto standard for B2B and B2C communications. During the COVID-19 pandemic, email continues to be the chief channel for business communication, and this trend is driven by the surging trend of working from home. Over the past few years, the complexity and the volume of threats have increased significantly. Email-based threats have become big business; specific verticals and individuals within organizations are targeted. Threat vectors continue to evolve, and the need for secure email has never been stronger. Attackers are more focused on people and less on systems. Business email compromise (BEC) fraud continues to affect organizations, both large and small. Consequently, traditional security solutions that are designed to protect systems and infrastructure are now inadequate. Sophisticated and highly targeted email-borne attacks are on the rise, and many of these attacks use social engineering techniques. For businesses of all sizes, this is a serious problem as the legitimate communication channel they rely on extensively, email, is also the channel of choice to deliver malware and malwareless attacks. Advanced attacks combine email and cloud accounts. Cybercriminals are also leveraging pandemic-driven fears and uncertainties to launch their attacks. The most significant trend in the market is the acceleration of the migration to the cloud. Customers are adopting cloud-based mailbox services and moving their email security to the cloud from on-premise appliances. The substantial adoption of Microsoft Office 365 has caused the biggest loss of email security posture for organizations. As a result, organizations are looking for integrated solutions to increase operational efficiencies while gaining stronger and more comprehensive security. In such a competitive environment, email security vendors must be able to differentiate themselves. #Cyber Security #Email Security #Cloud Migration #Phising attacks #Email Security

Cyber Threat Intelligence to Power the Next Generation of Cyber Security

Cyber threat intelligence (CTI) is a collection of data, information, and knowledge about past, present, and future cyberattacks. It is the cornerstone of mature cyber defense programs and a sought-after product category that allows organizations to adapt their security posture to the rapidly evolving threat landscape. Information about potential attacks enables organizations to thwart attackers’ plans by anticipating their next move, and knowledge about past and present campaigns empowers organizations to increase the speed and accuracy of detecting potential breaches. The growing volume and complexity of attacks drive the demand for cyber security solutions. Organizations increasingly recognize the importance of proactive and predictive defense for staying ahead of cyber adversaries. Security-conscious organizations bolster cyber security spending and look for innovative solutions that enable them to understand and prevent cybercrime. In an environment where organizations remain unprepared to withstand nation-state-sponsored attacks that only evolve in sophistication and scale, threat intelligence represents the first line of defense for organizations targeted by state-sponsored actors, as well as those caught in the crossfire. CTI historically was of interest to large enterprises in industries that typically lead cyber security product adoption, such as banking and finance. Today, however, smaller enterprises across a wide range of vertical markets demonstrate an interest in threat intelligence use cases. CTI vendors, in turn, increasingly aim to meet less mature customers halfway and design tailored offerings for the midmarket. CTI vendors bring additional use cases to their customers and communicate a compelling business value to key stakeholders for whom information security is uncharted territory. The overlap between digital risk protection and CTI solutions enables vendors to demonstrate immediate business benefits of using their services and drives the market growth. CTI is a segment of the threat intelligence services market, which also includes threat intelligence platforms and digital risk protection. There is a notable convergence as vendors strive to become a one-stop shop for organizations’ intelligence needs. #Cyber Threat Intelligence #Cyber attacks #Cyber security #Digital risk protection

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