An evolving landscape

Issue 1 2022 Security Services & Risk Management

Since the outbreak of the pandemic in 2019 the security landscape provided a 'perfect storm' for cybercriminals to operate in. This resulted in significant shifts in the way businesses operate and how they intend to protect their most critical assets in the future. Due to the lockdowns, we all had to adapt to remote work and this also had a huge acceleration on the adoption of digital technologies and forced companies toward the Fourth Industrial Revolution.

Some of the key trends identified for the security industry include the following:

• Ransomware attacks will increase and will cause huge financial loss and disruption of customer’s supply chains and operations.

• 'Zero Trust' policy will be enforced to protect customer online applications and user credentials.

• Blockchain adoption by cybercriminals to avoid detection and prevent defenders from discerning their malicious activities.

• The impact of regulations on security budgets will increase significantly. A recent example of this is the PoPI Act that came into effect in June 2021 and companies are still struggling to cope with the impact on business.

• Increase in the utilisation of IoT and edge devices and impact on security practices and solutions.

• Artificial intelligence’s impact on physical security and business intelligence.

2022 is being viewed as a year of recovery by most businesses yet to experience the full brunt of the pandemic and economic climate; therefore, it will be of critical importance to choose the right business solution provider to assist with these evolving trends above.

From a Secutel Technologies perspective the company keeps abreast of these market trends and adapts its solution offerings accordingly with input received from its partner and customer base to maximise its relevance and value offerings to its customers.


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