Two years ago, digital transformations had kicked into high gear, with new processes and product development moving ahead at breakneck speed. As IT and business fast-tracked initiatives like agile and DevOps to improve speed to market, security considerations were often left in the dust. At the time, Gartner predicted that 60% of digital businesses would suffer major service failures by 2020 due to the inability of security teams to manage digital risk.
High-profile security lapses ensued as expected, although it’s hard to pinpoint that digital projects were the leading cause. “Regardless of whether highly publicized breaches were directly linked to digital transformation, they got business leaders thinking again about risk and solutions that minimize risk,” says Pete Lindstrom, vice president of security research at IDC.
Today, some 62% of global executives rank cyber attacks and threats as one of their organization’s highest risk management priorities in 2020, according to a Marsh & McLennan survey of 1,500 executives. Overall, security’s role in digital transformation has improved both in awareness and involvement in earlier stages of…