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Code42 2020 Predictions: 2020 Will be the Year of Insider Threat

VMblog Predictions 2020 

Industry executives and experts share their predictions for 2020.  Read them in this 12th annual VMblog.com series exclusive.

By Joe Payne, President and CEO, Code42

2020 Will be the Year of Insider Threat

As 2019 comes to an end, Joe Payne, CEO at Code42, has been considering what insider threat and security trends will steal the spotlight in 2020.

His top trend? Relentless reporting of new, high-profile insider threat breaches will push many more businesses to finally take insider threat seriously enough to formalize programs and allocate more budget to protecting their IP.

Insider Threat

"Relentless reporting of new, high-profile insider threat breaches will push many more businesses to finally take insider threat seriously enough to formalize programs and allocate more budget to protecting their IP. In 2019, at least half of data breaches involved an insider, but in 2020, this figure could exceed 60%. When it comes to insider threat, companies will begin to lean into new technologies designed distinctly for protecting from insider threat, rather than shoe-horning in outdated technologies that are ineffective because they were never intended for that purpose. More than 20% of organizations will begin actively measuring what departing employees take from their organization."

Collaboration

"Progressive organizations thrive on collaboration. We are in the midst of a massive culture change that centers on employees' ability to share ideas, move faster and collaborate. CEOs are requiring that their employees use Slack, Chatter, Box, and OneDrive to work together to be more productive. At the same time, CISOs have been blocking collaboration by using legacy prevention technology. In 2020 progressive CISOs will stop blocking and will focus on enabling collaboration by adopting new approaches to address insider risk."

Solution Complexity

"Solution complexity remains too high in cybersecurity. Many vendors continue to proudly talk about how sophisticated their products are and how they can solve complex problems. The problem is that using these security tools themselves is an overly complex and unwieldy process. At the same time, the security industry struggles with a serious shortage of skilled cybersecurity personnel. Something has to give. In 2020, we will see security vendors focus on providing both signal and simplicity. To align with the realities of the personnel shortage, solutions will surface highly actionable information and present it in easy-to-use, highly accessible ways so that security teams can act quickly without being embroiled in endless investigations."

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About the Author

Joe Payne 

Joe Payne brings to Code42 more than 20 years of leadership and a proven track record with high-growth software companies. He has a broad experience base in delivering software and Software-as-a-Service (SaaS) solutions to enterprises across numerous industries. As President and CEO of Code42, he drives the company's strategic direction and oversees all operations. 

Published Monday, December 02, 2019 7:46 AM by David Marshall
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