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ISACA 2020 Predictions: Dealing with the Explosion of Data and AI's Rise

VMblog Predictions 2020 

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

By Ravikumar Ramachandran, CISA, CISM, CGEIT, CRISC, CISSP-ISSAP, SSCP, CAP, PMP, CIA, CRMA, CFE, FCMA, CFA, CEH, ECSA, CHFI, MS (Fin), MBA (IT), COBIT-5 Implementer, Certified COBIT Assessor,  ITIL-Expert & Practitioner, Advisor Security Compliance, DXC Technology, India

Dealing with the Explosion of Data and AI's Rise

"The best way to predict the future is to create it." This quote is attributed to both Abraham Lincoln and Peter Drucker, two people known for their immense wisdom and who led their lives as a reference for all of us to emulate. 

It translates that only those people who understand the dominance of data and its acceleration due to artificial intelligence and cloud computing, with the imminence of quantum computing replacing traditional computing, will be the leaders of the future. In that spirit, below are my technology predictions for 2020:

Data explosion and its effective management

Enterprise leaders need to make sense of the proliferation of data to quickly arrive at key business decisions. They have to integrate their data flows into their MIS and analytics system so that it yields timely business insights. In addition, industry leaders forecast that more big data platforms will emerge along with the current ones of Azure Data Warehouse, Snowflake, MongoDB and Databricks. All these next generation data platforms will add critical value in their own way.

Growing need for AI governance

In 2020, businesses will increasingly use AI in many of its business processes to solve IT problems in real time and without the need for human intervention. The best usage will be in SIEM solutions detecting and preventing security breaches, resolving availability issues in time and in enabling fraud preventive activities. However, as ISACA shows in its Next Decade of Tech research, the potentially malicious or errant uses of AI (such as attacks on critical infrastructure, social engineering, autonomous weapons, attacks targeting the healthcare sector, data poisoning, etc.) creates a strong need for governance of AI deployments.

Expanding and evolving regulations command attention

In ISACA's Next Decade of Tech research, 51% say that emerging technologies in the new decade will result in the same or less privacy rights than people have today. However, new data privacy regulations around the world are going to redefine the concept of individual data rights, impacting data governance and data privacy processes tremendously. There is going to be lots of change to how the customer data is collected and stored, begging the question of how enterprises are going to handle these considerations and the implication of non-compliance.

Welcome to the era of hybrid cloud

Cloud adoption will continue to increase at a much faster rate along with hybrid cloud architectures that are expected to resolve latency challenges and security issues. This decade will be the era of hybrid cloud, as AI and ML accelerate cloud adoption in 2020. Serverless computing technology will also rise in prominence.

Finally: improved cybersecurity practices

In the new decade, it will become the norm for products to be well-tested, secure and reliable before going to market. DevSecOps, the automation and consistent following of embedding good cybersecurity practices into the production chain, will play a leading role. As application security will become more important, container security concepts also will gain prominence. Containers provide an additional layer of protection by isolating applications from their host and from each other, while minimizing use of resources of the underlying infrastructure and reducing the surface area of the host.


About the Author

Ravikumar Ramachandran 

Ravikumar Ramachandran is working in DXC Technology India as Advisor Security Compliance supporting its Banking clients at Chennai, Southern India.

He is a dedicated Cyber Security and Risk Management Professional and Technology Strategist with more than 20 years' experience and has industry certifications from reputed bodies like that of:

  • Information Systems and Audit Control Association, (ISACA)
  • International Information System Security Certification Consortium (ISC2)
  • Institute of Internal Auditors (IIA)
  • Association of Certified Fraud Examiners (ACFE)
  • EC-Council
  • Project Management Institute (PMI)
  • Chartered Institute of Management Accountants, London

He is qualified in ISO 27001 Standards and is a COBIT Certified Assessor besides being an ITIL Expert and Practitioner. He has publications to his credit in Information Security, Bit Coin Technology, Big Data and Analytics, Artificial Intelligence in addition to being a co-author in the white paper published by the Open Group on Best Practices for Security in Cloud Adoption by Indian Banks.

Published Wednesday, January 08, 2020 7:15 AM by David Marshall
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