Wednesday, April 17, 2024

Local firms told not to overlook security in their digital transformation

Enterprise security provider Fortinet recently hosted a press event to discuss the new wave of digital transformation happening in the country and its implications on the security world.

Photo shows Anthony Lim, principal consultant at Fortinet for Southeast Asia and Hong Kong (right) with Fortinet PH country manager Louie Castaneda

According to Fortinet, “digital transformation is the integration of digital technology into all areas of business, resulting in fundamental changes to how businesses operate and how they deliver value to customers.”

Anthony Lim, principal consultant at Fortinet for Southeast Asia and Hong Kong, said businesses of all sizes should understand the impact of digital transformation.

He said businesses may be able to grasp the security issues that come with these fast-paced changes with Fortinet’s 2018 Security Implications of Digital Transformation Report.

According to the data gathered from 300 chief information security officers (CISO)/chief security officers (CSO) across the globe, 67% of respondents stated that their organizations have already started the process of digitally transforming their businesses. This means their organizations are now using technology and data to drive innovation and better business outcomes. Yet, many companies are still struggling to protect their infrastructure adequately.

As many organization have set off to pursue digital transformation and adopt new technologies, security issues pose a serious threat to businesses, especially technologies like the Internet-of-Things (the connectivity network of different devices), and cloud environments.

These new technologies increase the attack surface and number of entry ways a hacker may be able to access a company’s network. This is especially a problem when the company hasn’t invested in integration across their security solutions and incomplete visibility into user, system, and network behavior.

According to Fortinet’s research, most organizations have sustained an attack that has resulted in data loss or compliance issues in the past two years. But, there have been instances where organizations that experienced breaches did not suffer any data loss, compliance issues, or outages because of their security preparedness.

When looking at organizations that have had more success in withstanding attacks and securing their data, several approaches stand out as best practices.

  • Integrate systems to create a unified security architecture
  • Share threat intelligence across the organization
  • Ensure safeguards work on all parts of the network
  • Automate more than half of their security practices

Fortinet said organizations should have the right set of tools to deploy digital transformation and security policies at the same time. The company said its Security Fabric offers business firms with the automation and integration solutions that organizations need to be able to monitor any activity that goes on within the entire network.

The Security Fabric uses AI and machine learning to automate security processes, which allows security solutions across the network to communicate with one another to create the best solutions in case of an attack. This approach provides visibility through a dashboard.

Fortinet revealed that it is hosting over 24-25% of the security market share in the Philippines and is looking to grow more this 2019.

“Adapting and growing with the needs of the community is one of the most important aspects of digital and security transformation,” Lim said.


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