Anthony Di Bello, Vice President, Strategic Development at OpenText
“With a global recession looming and budgetary constraints, many organisations will be tempted to reduce their cybersecurity spend and consolidate the number of cybersecurity vendors they interact with. But now is not the time to put feet on the breaks when it comes to cybersecurity. Cybercriminals will be intensifying their hunt for weak spots in organisations and those hit will fall hard. You’ve only got to look at the news to see that cybercriminals are becoming increasingly tactical and sophisticated with their methods.
As a consumer, it’s harder than ever to safeguard yourself and it’s not always easy to recognise potential threats, meaning the onus is largely with regulators and businesses to ensure they’re doing everything they can to address these issues. Businesses are adapting accordingly but even the smallest crack in a cybersecurity strategy can be detrimental to both the organisation and the individuals it affects. Cyber resilience needs to be baked into the entire organisation and should be a consideration in any and all decision making. Securing the supply chain (physical and digital), as well as critical infrastructure, will be a particular challenge for security leaders this year.
Investing in the right tools and services is key – but it isn’t enough in isolation. Nowadays cybersecurity is not just the responsibility of the CSO or security teams. Everyone is responsible for making the internet a safer place. All staff – from front-line to the C-suite – need to be educated on the latest cyber risks as they evolve so they can act as a first line of defence. Safer Internet Day serves as another reminder that to be safe, you need to be secure.”
