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Wednesday, August 04, 2021

The Cyber Risk in Digital Transformation

Its not brought up enough as a key part of the transformation effort.  It is essential as threats enlarge.  What do you have if the attackers get control? 

Cyber Risk in Digital Transformation   By David Geer, Commissioned by CACM Staff August 3, 2021

Organizations globally are engaged in Digital Transformation (DX), a sort of cyber-industrial revolution promising digital automation and operational agility. According to Salesforce, "Digital Transformation uses digital technologies to create new—or modify existing—business processes, culture, and customer experiences to meet changing business and market requirements."

In a recent use case, Bed, Bath, and Beyond applied Digital Transformation to add same-day delivery services, buy-online-pickup-in-store, and contactless curbside pickup. The new services are attractive to customers, and are possible thanks to digital change.

Yet rapid, unbridled Digital Transformation adds cybersecurity risks. According to a Ponemon Institute report, organizations that rush to the cloud and third-party (vendor) relationships to accelerate digital projects invite attacks via unsecured cloud environments and poorly vetted vendors.

The pandemic was just cause for our digital cloud stampede, but the success of Work From Home has been seminal for attacks that leapfrog to the cloud. According to Tim Rawlins, senior adviser, NCC Group, a large global security consultancy, many organizations that responded to COVID-19 by rapidly enabling Work From Home took on new cloud services without their normal levels of due diligence around security and resilience.  ... 

One study warns that organizations that rush to the cloud and third-party relationships to accelerate digital projects invite attacks via unsecured cloud environments and poorly vetted vendors.  .... 

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