July 12, 2022
Gartner senior director analyst Richard Addiscott forecasts some cybersecurity alerts which should influence on business strategic planning. Privacy regulation continues to expand and the tech analyst predicts it will be extended to cover five billion people, and more than 70% of global GDP. It said organizations should track subject rights request metrics, including cost per request and time to fulfill, to identify inefficiencies and justify accelerated automation. By 2025, 80% of enterprises will adopt a strategy to unify web, cloud services and private application access. The benefit here is tighter integration, fewer consoles to use, and fewer locations where data must be decrypted, inspected and re-encrypted. By 2025, 60% of organizations will use cybersecurity risk as a "primary determinant" in conducting third-party transactions and business engagements. Only 23% of organizations monitor third parties in real-time for cybersecurity exposure, according to Gartner data. But as a result of pressure from customers and regulators, it believes organizations will start to insist on measuring cybersecurity risk, ranging from simple monitoring of a critical technology supplier to complex due diligence for mergers and acquisitions. By 2025, 70% of CEOs will drive a culture of organizational resilience to deal with threats from cybercrime, but also from severe weather events, civil unrest and political instabilities. Addiscott said: "With continued disruption likely, Gartner recommends that risk leaders recognize organizational resilience as a strategic imperative."