Summary is AI-generated, newsdesk-reviewed
  • Global security market evolves, focusing on cyber-threats and data protection in 2016.
  • IoT and mobile demands drive collaboration between IT, cyber, and physical security teams.
  • Comprehensive strategies align risk management, IT, and business continuity for proactive threat recognition.

In the past year, we have continued to see that the global security market is both dynamic and evolving. The term “security” no longer means simply protecting the perimeter of a building; it also involves securing corporate networks and sensitive data. In 2016, this trend was driven by a change in organizational threats. Businesses as a whole are much more focused on cyber-threats, a growing paradigm that challenges business and security leaders to stay one step ahead of crime and fraud trends.

A string of recent high-profile breaches, including several involving government agencies, exposes the vulnerabilities faced by organizations across the globe. Cyber-attackers are holding data for ransom, stealing personally identifiable information, selling sensitive data and destroying critical networks. These threats, which encompass cyber, IT, and physical security, force leadership to recognize the potentially damaging disruptions if risk is not controlled.

Internet Of Things

In 2016, we continued to see significant discussion centred on the promise of the Internet of Things (IoT). At the same time, demand for more mobile capabilities has altered the way people and businesses connect and collaborate. As the demand for network connectivity increases, so too does the need for increased security for physical assets, networks, and valuable corporate data. As a result, we experienced a growing dialogue between IT, cyber security, and physical security teams to help gain a greater knowledge of how to best collaborate. In the coming year, stakeholders must continue to communicate closely to assist in determining vulnerabilities in a more proactive manner.

In 2017, we will continue to see Big Data analysis and IoT-powered devices allow for the collection of myriad data points across systems, services, and devices. This process will allow businesses to investigate threats in a more intelligent manner. It will be the organizations that generate actionable intelligence from collected data points that will be firmly positioned to achieve their strategic intelligence and business objectives in the coming years.

In 2017, we will continue to see Big Data analysis and
IoT-powered devices allow
for the collection of myriad data points across systems, services, and devices

Comprehensive Security Strategies

Overall, the alignment of risk management, IT, and business continuity will allow leaders to realize a comprehensive security strategy that takes into account cyber and physical security, and helps leaders proactively recognize threats.

Today’s leading global enterprises focus on preventing risk to ensure long-term business continuity. We at Verint practice the same concept, combining physical security, IT functionality, and cybersecurity efforts to help enable our organization to realize comprehensive intelligence. It has worked well for our business over the past year, and we aim to help our customers achieve the same level of efficiency and knowledge as we reach 2017. Actionable Intelligence is the core of what we do at Verint. We believe that the collaboration of various stakeholders, business functions, and strategies allows organizations to be more focused, effectively identify threats, develop trends, and quickly access relevant data to meet evolving business requirements.

See the full coverage of 2016/2017 Review and Forecast articles here

Save

Understand how converged physical and cybersecurity systems can scale protection.

Author profile

Kevin Wine Vice President - Business Unit Marketing, Verint Systems

In case you missed it

What Are Emerging Applications For Physical Security In Transportation?
What Are Emerging Applications For Physical Security In Transportation?

Transportation systems need robust physical security to protect human life, to ensure economic stability, and to maintain national security. Because transportation involves moving...

Gallagher's Perimeter Solutions With Fortified Partnership
Gallagher's Perimeter Solutions With Fortified Partnership

Global security manufacturer Gallagher Security is proud to announce a strategic partnership with Fortified Security, a pioneering perimeter systems integrator with over 30 years o...

Genetec's Role In Data Sovereignty For Security
Genetec's Role In Data Sovereignty For Security

Genetec Inc., the global pioneer in enterprise physical security software, highlights why data sovereignty has become a central concern for physical security leaders as more survei...