June 15, 2022
Modern enterprises must embrace cloud transformation if they want to capture new opportunities and stay competitive. But the rapid pace of cloud adoption has introduced a number of new challenges for businesses. Threat detection and response are becoming increasingly complex, putting pressure on many organizations’ cybersecurity operations.
Further complicating things is a new generation of advanced cyber threats, which make threat hunting more challenging, and the proliferation of software-as-a-service (SaaS) and third-party applications, which introduce a great deal of risk for organizations.
Security, orchestration and automation tools can help organizations secure and streamline their cybersecurity operations, but they can also add complexities and costliness. Too many tools, tools that don’t work together or tools that are too complicated can create overwhelming amounts of alerts, which can lead to doubts about alert fidelity, alert fatigue and analyst burnout.
To maintain and build digital trust, organizations must put security at the forefront of their cloud transformation journey. Security transformations should take place in tandem with digital transformations, including cloud transformations, if they’re to be successful.
A traditional approach to security operations (SecOps) is no longer enough to meet the ever-changing business demands in today’s connected world. Legacy and on-premises security incident and event management solutions can’t keep pace with the rate of security events, and they aren’t scalable.
Simpler cybersecurity capabilities can help amplify the effectiveness of your operations. But streamlining your operations with rapid time to value may feel like a bold move. Simplifying, minimizing and combining your technology stack will involve asking some hard questions. Perhaps that’s why 20% of Canadian companies report having yet to realize substantial value from their cloud investments.
Business transformation isn’t a journey with a single destination—it’s an iterative process. Cyber operations (CyberOps) modernization can create new opportunities for businesses, but it can also create new risks. Organizations must respond quickly and efficiently to those challenges if they want to navigate the current risk and regulatory landscape with more certainty.
Streamlining your cybersecurity operations can help your organization reduce the complexities and costs associated with cloud-first adoption. A more intelligent system can help your organization take care of the alert and threat life cycle from end to end.
Before you begin modernizing your organization’s SecOps, start thinking about the outcomes you want to achieve. Clearly articulating what it is that you want to enable can help your organization keep those goals in sight when new obstacles arise.
Start by identifying what it is that you’re trying to protect, your key business objectives and the principles for threat management you want to implement. Next, determine whether your existing capabilities can support those objectives, from your current technology landscape to your workforce. Then think about how you can accelerate transformation and create a roadmap to guide you through the process.
We often see clients focusing a lot of time on the threat landscape as they embark on cloud transformation. But understanding assets, past vulnerability assessments and threat intelligence is equally important. We’ve noticed powerful outcomes when organizations take a more comprehensive, end-to-end approach:
These steps can help simplify your organization’s cybersecurity operations with the power of automation to detect and respond to threats faster and with more confidence.
As your organization navigates new challenges, keep sight of what’s most important—meeting your business priorities. PwC’s automated-by-design cyber threat operations, adaptive threat intelligence and global library of cyber threat detection and response collateral can expedite your cyber risk reduction and accelerate maturity, as well as simplify cyber threat operations by reducing the mean time to detect and mean time to respond.
Discover how advanced cyber threat operations from PwC powered by Microsoft security technology can make cybersecurity operations simpler to manage at the core.
Partner, National Cybersecurity Managed Services Leader, PwC Canada
Tel: +1 416 815 5274
Partner, Cybersecurity, Privacy and Financial Crime and National Cybersecurity Leader, PwC Canada
Tel: +1 604 806 7603