Intelligent CISO Issue 28 | Page 50

FEATURE Anna Collard, MD at KnowBe4 Africa Collard says she had the pleasure of speaking to Hosea, CISO at Stanbic Uganda, during a panel discussion at the Africa Cyber Security Culture conference. According to Hosea, the pandemic has helped leapfrog security investments that would have taken much longer to get management approval for prior to COVID-19. Many of the speakers and panellists shared this view – that the pandemic had a positive impact on both Digital Transformation and cybersecurity investment. “A common thread throughout the conference and the result of research conducted by Orange Cyber Defense was that basic security failures such as poor patching, as well as not addressing people’s behaviour, are some of the root causes most often linked to security breaches,” said Collard. “People right now are more vulnerable, as they are in a state of heightened psychological stress. Security teams have less control over the systems they are supposed to protect, for example, personal devices and home Wi- Fi routers. Many had to rush into setting up remote work infrastructure without the necessary planning and testing. Security budgets had to be re-prioritised to improve the technologies and processes of their remote working infrastructures and to make these stable and secure for the long run. “With budgets under greater pressure, CISOs need to construct resilient and data-driven cybersecurity programmes based on a deeper understanding of the risks their organisations are exposed to. “According to ESI ThoughtLab’s report published in June 2020, successful CISOs and effective cybersecurity leaders rely heavily on advanced analytics, conduct frequent cyberrisk scenario analysis, invest more in security culture and end-user awareness training coupled with frequent phishing simulations, and make cybersecurity hygiene, such as patching, a top priority.” Alain Sanchez, EMEA CISO, Senior Evangelist at Fortinet, says that even the most far-sighted of business leaders did not see the current remote working setup coming. “No contingency plan that I know of had forecasted that almost the entire workforce was grounded in just a couple of days. Even Telcos whose transport practices earned them the terminology of carriergrade, were initially taken by surprise. Investments are going massively to platforms that make openness and standardisation a core value. But very rapidly, the importance of securing these traffics that were literally business critical, emerged as the immediate priority. Security could not be traded for connectivity and the irresponsible hackers that squeezed themselves into video conferences that did not implement the full authentication options, did in fact do the digital world a favour by accelerating a security wake-up call.” The current situation urged emergency investment steps and Fortinet, for instance, saw its SD-WAN revenues growing significantly. “Already recognised by the Omdia report as the fastest growing vendor among all other SD-WAN vendors, Fortinet reported 305% year-over-year growth in the SD-WAN area,” said Sanchez. “This massive adoption of the holistic approach of cybersecurity incarnated by the Fortinet Security Fabric, says a lot about the maturity leap created by the recent crisis.” Sanchez says the times of disjointed and budget-consuming ‘best-of-breed’ are over and poses the question of whether the huge demand for broader, integrated and automated cybersecurity platforms is an indication of IT budget expansion. “Too many products lead to too many alerts which puts a tremendous amount of stress on the cybersecurity staff. Investments are thus shifting towards solutions that not only enable visibility, reporting and analytics for all ‘on platform’ devices and endpoints, but also enable multi-vendor incident detection to finally lead to unified orchestration of the response across the entire infrastructure. “Business leaders hate to be locked in, so they rather invest in open, standardised solutions that offer a wide range of documented APIs and connectors not only to ensure seamless integration, but also to maintain the freedom of choice of strategic vendors such as cloud providers and Managed Security Service Providers. The same is happening in the cybersecurity world, investments are going massively to platforms that make openness and standardisation a core value,” said Sanchez. u Alain Sanchez, EMEA CISO, Senior Evangelist at Fortinet 50 Issue 28 | www.intelligentciso.com