IT leaders may be confusing business continuity and disaster recovery cloud benefits with cyber security: Syntax
- Published: Wednesday, 27 January 2021 08:55
Syntax has released its first IT Trends Report, which surveyed 500 US IT decision-makers on COVID-19 pandemic’s impact on their businesses and strategic decisions in 2021. 2020 was a year of unexpected and rapid digital transformation for IT leaders across industries. In the survey, 89 percent of respondents reported that the pandemic accelerated their enterprise’s digital transformation last year. As a result, IT teams are stretched even thinner implementing secure and collaborative work-from-home environments, onboarding new technologies, and managing their company’s digital transformation initiative.
The survey also highlighted that cloud security was commonly neglected. Although decision-makers ranked security as the No. 1 most challenging aspect of the cloud, it didn’t register in the top cloud investments in 2021. Instead, factors tied to business continuity, like increased storage and/or flexibility (62 percent), multi-cloud and/or hybrid cloud capabilities (48 percent) and system maintenance (47 percent), took precedence. Syntax says this points to ‘a particularly dangerous emerging trend - IT leaders may be confusing business continuity and disaster recovery with actual cyber security’.
Other key findings included:
- Outsourcing cyber security is an increasingly attractive solution. 83 percent of IT leaders with in-house security teams are now considering outsourcing their security efforts to an MSP in 2021.
- Major budget and headcount cuts in IT despite increased cyber attacks and demands on IT. In 2020, 77 percent of IT leaders reported more frequent cyber attacks. However, many teams were ill-equipped to handle this increase in attacks, as 79 percent had to reduce their teams’ headcounts in response to the economic downturn.
- IT leaders with internal security teams need more strategic counsel. 91 percent of respondents either employed their own security operations center (SOC) or in-house security talent. However, of the IT leaders with in-house security teams that are now considering outsourcing to an MSP, 45 percent cited a lack of strategic counsel from existing tools.
- More than half (56 percent) of IT leaders said they will allocate more than 40 percent of their IT budgets to cyber security in 2021. Additionally, 37 percent listed ‘improving cyber security protections’ as their top IT investment this year.