Don’t let cybercrime stifle your innovation

Organizations today, more than ever, are under the gun to simultaneously respond quickly to customer demands and innovate — all while ensuring a secure, stable, and compliant IT environment. Considering how bad actors are upping their game, maintaining this balance between “thrust” and “defend” is no easy chore.

You know your enterprise, like every enterprise, has a bullseye on its roof for hackers. However, you may not be aware of how dire the situation has become:

  • Cybercrime has risen 23 per cent this past year, and on average is costing organizations $11.7 million annually
  • Globally, the cost of cybercrime to businesses quadrupled between 2013 and 2015, and will have quadrupled again by 2019

Cybercrime is getting worse. Current SIEM strategies appear to have failed to prevent or even reduce the frequency of attacks. Meanwhile, the attack surface has changed, with infrastructure as the new vulnerability sector.

And so we return to the necessary balance: companies must innovate if they are to maintain growth and remain competitive, but this innovation cannot and must not come at the expense of security and business continuity.

It may be a tall order — to manage infrastructure security without breaking stride at a time when speed in business is king, and to do so with shrinking resources — but with the right approach and the right tools, it’s not only possible but abundantly achievable.

On Tuesday, August 21st, join ITWC CIO and Chief Content Officer Jim Love as well as HPE’s National Strategist Garth Reid and Tech Data Technology Consultant Robert LeRoy for a discussion around cybercrime today and what companies can do to grow and innovate with confidence.

Among the topics to be covered in this hour-long session:

  • The cost of ignoring the elephant in the room: data loss, disruption, stasis
  • Security factors: machines, data, people
  • Boosting security with predictive analytics, UEBA strategies

Register for “Growing and Innovating at a Time of Rising Cybercrime”

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Jim Love, Chief Content Officer, IT World Canada

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Glenn Weir
Glenn Weir
Content writer at IT World Canada. Book lover. Futurist. Sports nut. Once and future author. Would-be intellect. Irish-born, Canadian-raised.

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