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The Advent Of Adaptive Cybersecurity

Research from PwC found that Adaptive Cybersecurity strategies deliver the most significant gains in large-scale organizations.

Cyber security is rapidly becoming a primary priority for business leaders as enterprises are constantly handling huge volumes of customer data.

The business landscape is rapidly changing and with it, cybersecurity must keep pace and evolve. 

The evolution of cybersecurity 

The results from PwC’s 2021 Global Digital Trust Insights: Cybersecurity Comes of Age research reveal that 96 percent of business executives are adjusting their cybersecurity strategies as a result of the COVID-19 pandemic. It is crucial for business leaders to factor in cybersecurity in all their business decisions. 

PwC research also reveals that 71 percent of leaders plan to incorporate cybersecurity and early detection of cyber risks, more into their organization-wide enterprise risk management strategies. 

The rise of Adaptive Cybersecurity

Several enterprises are actively increasing their cybersecurity budgets in 2021 with more automated, Adaptive Cybersecurity being a primary goal. 

Cybersecurity must become more adaptive through the use of new technologies such as Artificial Intelligence (AI), Machine Learning (ML), multi-factor authentication, and behavioral analytics. 

Research from PwC found that Adaptive Cybersecurity strategies deliver the most significant gains in large-scale organizations. Some of the world’s largest companies are seeing great gains from their integrated use of security models and technologies, including Zero Trust, Managed Services, accelerated cloud adoption, and virtualization. 

Five types of cyber threats

40 percent of executives interviewed by PwC plan to increase resilience testing in 2021 to ensure that core business functions remain operational. A majority of respondents expect five types of cyberattacks to dominate in 2021. 

The five types of cyber attacks that could dominate the cybersecurity landscape in 2021 include ransomware breaches, cyber-attacks on cloud services, disruption ware attacks on critical business services, major disinformation campaigns, and state-sponsored attacks on critical infrastructure. Cyber attacks on cloud services are predicted to lead all other threat events in 2021. 

Adaptive Cybersecurity will drive business decisions

A key feature of Adaptive Cybersecurity is that it ensures the continued resiliency of enterprises to continue serving customers and generating revenues. 

PwC’s research survey also found that business leaders who handle IT and cybersecurity budgets plan to rely on Adaptive Cybersecurity to drive future business decisions. 

Closing thoughts 

The various research findings highlighted in this article reflect how Adaptive Cybersecurity is becoming a high priority across all organizations today. PwC finds that organizations with $10 billion or more in revenue emerge as the fastest adopters of a more adaptive approach to cybersecurity. 

At the bare minimum, Adaptive Cybersecurity should focus on first combating internal and external threats, managing cloud security, improving control access, securing infrastructure with more resilient endpoints, while excelling at regulatory, government, and customer-driven compliance requirements.  

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