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Menlo Security 2022 Predictions: Revamping Cybersecurity to Accommodate for the Future of Work

vmblog predictions 2022 

Industry executives and experts share their predictions for 2022.  Read them in this 14th annual VMblog.com series exclusive.

Revamping Cybersecurity to Accommodate for the Future of Work

By Devin Ertel, Chief Information Security Officer, Menlo Security

2021 was a transformative year for the security industry as ransomware and cyberattacks plagued companies large and small across all verticals, which ultimately skyrocketed cybersecurity from a "nice-to-have" to a top boardroom focus. While companies looked to quick fixes that allowed employees to work from home at the start of the pandemic, they're now realizing that the solutions they implemented more than a year and a half ago will not protect them against current and future threats. 

Now that organizations are aware of the risks they face if they don't have a solid security strategy in place, 2022 will be centered around actioning on plans and implementing new solutions that will secure the future of work as hybrid work environments are here to stay. There are three main changes that will take place in the year ahead:

Consolidation of security solutions

Organizations will move to consolidate their security solutions in 2022. In fact, we know from our own recent research that 75% of organizations are re-evaluating their security strategy as remote and hybrid working remain for the long-term.

With three-quarters of organizations re-evaluating their security strategies, business and security leaders will need to ensure that they don't get left with two disparate security solutions: One that existed before a remote workforce and the one that was implemented when everyone switched to remote working. To avoid double the work and reporting - and any other associated tasks for security teams - organizations will implement a common approach for their security solution, or they'll be left with disjointed systems that are sure to leave them vulnerable and will open backdoors for bad actors.

As a result, there will be an even greater focus on applying a Zero Trust network access strategy whether your organization is in the office, distributed remotely, or anywhere in between.

Implementation of Zero Trust

We've seen attacks on ferry services, meat plants, critical infrastructure, and payroll systems to name a few in 2021 alone. It's clear that it doesn't matter what you do or what industry you're in, security is now everyone's problem, and the sooner organizations recognize that the better.

Bad actors aren't going anywhere and they're only getting more sophisticated and proficient in their attack methods. There will be a collective push towards the implementation of Zero Trust, which the White House's focus and identification of widespread security failings has helped bring to light. Consequently, many companies - in both the public and private sectors - will be forced to change their ways and move more quickly when it comes to security.

Businesses will realize that they must seek an alternative and prioritize cybersecurity strategies that are rooted in the Zero Trust framework, or they risk becoming the next victim. The government's emphasis on the move to a Zero Trust-focused approach will serve as a blueprint for organizations as we move into the new year.

Ransomware prevention rather than remediation

There have been many conversations in the security industry regarding remediation strategies. However, remediation is not possible with ransomware. Remediation doesn't work, as you must restore everything and set up separate systems.

Organizations must instead focus on prevention because you cannot detect and remediate ransomware. Once ransomware has you, there's no going back. Locking up your systems is the last action attackers take and they've likely been in your networks for weeks, months, if not years figuring out what they can steal. Hackers are patient and have been taking your credentials evaluating what they can use. Locking up your business is the last resort they take to see if they can extort a few more million dollars from you - which is why a focus on prevention will be paramount in 2022.

As we look to the future, one thing remains certain: Security leaders must move quickly to revamp their cyber strategies, or they'll face becoming the next target on a bad actor's list. While 2021 was a year of learning and self-reflection for many organizations regarding their security posture, businesses must make a distinct effort in 2022 to make changes and take action on what they learned to better protect themselves, their networks and their employees.

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ABOUT THE AUTHOR

Devin Ertel 

Devin Ertel has nearly 20 years of information security experience and currently serves as Chief Information Security Officer at Menlo Security, where he is responsible for providing internal cybersecurity guidance and policy insights to both the company and its customers. He is also focused on reducing the company's risk and security exposure.

Devin's previous experience includes security positions in several Fortune 100 organizations, in addition to Mandiant and the Federal Reserve, where he had hands-on experience mitigating large, high-profile breaches and dealing with highly motivated global threat actors.

Published Tuesday, January 25, 2022 7:36 AM by David Marshall
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