Recently, a Government organization from Healthcare industry in APAC region revealed that almost 14,000 health records were leaked online because of a malicious insider. The organization never thought that they could lose their sensitive health records to someone trustworthy (apparently) in unbelievably nasty way. Couple of months back this incident shook the cyber world and forced every global organization to reinforce security audit of their IT infrastructure, employee roles, their activities and access control mechanisms.
Enterprises are allotting more budgets on emerging technologies that are proactive in detecting current and emerging threats. For 2018-19, the CISOs, CTOs and CIOs are eyeing on tools that use machine learning algorithms to secure companies’ digital assets, enterprise network and privilege accounts.
The expenditure on cyber security has seen a significant rise in the recent past especially after Facebook data breach, Uber data theft or even Bangladesh bank heist incidents. The digital threats are omnipresent, where the perpetrators siphon off digital money and crucial data in a day or may be for months. Worried CIOs are imploring the management to let them invest in cutting-edge technologies that can protect the privileged accounts and thwart threats.
Proactive protection is the safest way out