Se­cu­rity

The India IT Se­cu­rity mar­ket is on the thresh­old of a boom. Thanks to the ever-chang­ing threat land­scape that calls for rad­i­cal new ways of man­ag­ing the IT se­cu­rity in­fra­struc­ture

Dataquest - - CONTENTS -

Se­cu­rity threats are go­ing up by the day. No won­der, many en­ter­prises are cre­at­ing sep­a­rate dig­i­tal se­cu­rity or­ga­ni­za­tions and hir­ing CISOs and CDOs to man­age the se­cu­rity com­plex­i­ties as they em­bark on dig­i­tal trans­for­ma­tion ini­tia­tives.

MAR­KET DY­NAM­ICS

En­ter­prise se­cu­rity spend­ing ( hard­ware, soft­ware, and ser­vices) in India is on pace to reach $1.12 bil­lion in 2016, up 10.6% from $1.01 bil­lion in 2015, ac­cord­ing to Gart­ner. Ac­cord­ing to an­a­lysts, they say that se­cu­rity spend­ing will con­tinue to grow in 2017 and of which se­cu­rity ser­vices will take a lion’s share as we move for­ward. Se­cu­rity ser­vices en­com­pass con­sult­ing, im­ple­men­ta­tion, support and man­aged se­cu­rity ser­vices. Gart­ner says that the strong growth in the se­cu­rity ser­vices mar­ket will be pri­mar­ily due to cus­tom- ers’ need for ex­ter­nal ser­vices to trans­form their se­cu­rity pos­ture in the dig­i­tal busi­ness era. Se­cu­rity ser­vices are typ­i­cally cat­e­go­rized as ei­ther im­ple­men­ta­tion, con­sult­ing or se­cu­rity out­sourc­ing ser­vices, and many providers are be­gin­ning to of­fer all three cat­e­gories to ad­dress cus­tomer re­quire­ments.

An­a­lysts like Gart­ner say that the key se­cu­rity ini­tia­tives for a ma­jor­ity of or­ga­ni­za­tions in 2016 in­cluded: se­cu­rity op­er­a­tions, in­ci­dent re­sponse net­work and data cen­ter se­cu­rity, iden­tity gov­er­nance and ad­min­is­tra­tion, mobile and cloud se­cu­rity gov­er­nance, ad­vanced threat de­fense, ap­pli­ca­tion se­cu­rity, se­cu­rity pol­icy and pro­gram de­vel­op­ment and gov­er­nance, risk and com­pli­ance (GRC). Ma­ture or­ga­ni­za­tions that have be­gun the jour­ney to­wards de­tec­tion and re­sponse ap­proaches are now look­ing to fo­cus on ad­vanced ca­pa­bil­i­ties around se­cu­rity op­er­a­tions and in­ci­dent re­sponse.

Sev­eral or­ga­ni­za­tions in India are now re­al­iz­ing that a pure tech­nol­ogy cen­tric ap­proach to their se­cu­rity strat­egy will not suf­fice. As a re­sult, many or­ga­ni­za­tions are be­gin­ning to pay equal em­pha­sis on the peo­ple and process el­e­ments. In the con­text of dig­i­tal busi­ness, the peo­ple and process el­e­ments of se­cu­rity and risk man­age­ment are be­com­ing ex­tremely im­por­tant.

A Gart­ner global re­port fore­casts that 6.4 bil­lion con­nected things will be in use world­wide in 2016, up 30% from 2015, and will reach 20.8 bil­lion by 2020. In 2016, 5.5 mil­lion new things will get con­nected ev­ery day. Gart­ner es­ti­mates that to­tal ser­vices spend­ing of $235 bil­lion in 2016, up 22% from 2015. Ser­vices are dom­i­nated by the pro­fes­sional cat­e­gory (in which busi­nesses con­tract with

With the dig­i­tal trans­for­ma­tion wave cur­rently sweep­ing the IT land­scape has jump started the se­cu­rity mar­ket

ex­ter­nal providers in or­der to de­sign, in­stall and op­er­ate IoT sys­tems), how­ever, con­nec­tiv­ity ser­vices (through com­mu­ni­ca­tions ser­vice providers) and con­sumer ser­vices will grow at a faster pace.

What hap­pened in FY 17 is the es­ca­la­tion of the think­ing that se­cu­rity is no longer an af­ter thought, it has to be in­te­grated with the over­all IT strat­egy and should clearly man­i­fest en­ter­prise wide and be proac­tive to mul­ti­ple threat sce­nar­ios. Right from end points to data pro­tec­tion to fire­walls- a com­pre­hen­sive in­te­grated ap­proach is needed. So clearly in an in­te­grated ap­proach, there are many con­fig­u­ra­tions. One can have mul­ti­ple niche vendors who are ex­perts in se­cu­rity sub do­mains or a Uni­fied Threat Man­age­ment (UTM) ap­proach can be taken. But re­mem­ber that se­cu­rity has to be tai­lor-made and one so­lu­tion does not fit all or ad­dresses all se­cu­rity pangs and pain ar­eas.

Per se if one looks at do­mains like UTM, ac­cord­ing to IDC, the trend for growth in the world­wide mar­ket is driven by the UTM sub-mar­ket con­tin­ues, with UTM al­most tripling its size over the last five years reach­ing record high rev­enues of $5.7 bil­lion for 2016 and year-overyear growth of 17.3%, the high­est growth among all sub-mar­kets. The UTM mar­ket represents to­day al­most 50% of the world­wide rev­enues in the se­cu­rity ap­pli­ance mar­ket. The Fire­wall and Con­tent Man­age­ment sub-mar­kets also had pos­i­tive year-over-year rev­enue growth in 2016 with gains of 10.4% and 4%, re­spec­tively. The In­tru­sion De­tec­tion and Pre­ven­tion and Vir­tual Pri­vate Net­work (VPN) sub-mar­kets ex­pe­ri­enced weak­en­ing rev­enues in 2016 with year-over-year de­clines of 4.8% and 4.3%, re­spec­tively.

KEY TRENDS

Go­ing by a white pa­per by Morgan Stan­ley ti­tled – Cy­ber Se­cu­rity: Time for a Par­a­digm Shift, it said, “Com­pa­nies are spend­ing more to safe­guard their dig­i­tal as­sets, but cy­ber­crimes are still grow­ing in fre­quency and sever­ity. What’s needed now isn’t more se­cu­rity, but bet­ter se­cu­rity.”The pa­per also stated that given the grow­ing sever­ity and fre­quency of cy­ber­at­tacks, it’s no sur­prise that or­ga­ni­za­tions of all sizes are spend­ing more money to shore up their dig­i­tal de­fenses. The mar­ket for cy­ber­se­cu­rity prod­ucts and ser­vices is ex­pected to sur­pass $60 bil­lion in 2016, and that fig­ure could dou­ble by 2020.

OUT­LOOK

With the dig­i­tal trans­for­ma­tion wave cur­rently sweep­ing the IT land­scape has jump started the se­cu­rity mar­ket. An­a­lysts say that many com­pa­nies still have a re­ac­tive ap­proach to se­cu­rity and hence they strug­gle to bounce back when they fall vic­tim to se­cu­rity at­tack, whether it be ran­somware or any other data breach. What is needed is a com­plete re­think of the se­cu­rity pro­cesses and prac­tices that en­able one to de­ploy a se­cu­rity pol­icy that is in sync with the threat land­scape. This is what is driv­ing the se­cu­rity mar­ket right now. Clearly, the time has come to seam­lessly blend the ap­pli­ance, soft­ware, on­line et al to cre­ate a ‘Se­cu­rity One’ in­fra­struc­ture that will make the way for a proac­tive dig­i­tal se­cu­rity back­bone as we move for­ward.

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