Evolve Your Service Portfolio to Secure the Increasing Volume of Customers’ Data
The global datasphere–the sum total of all digital information that businesses and consumers create, collect, process and store–is already immense, and it’s forecasted to expand to nearly 10 times its current size by 2025. According to research from IDC, there will be approximately 163 zettabytes of data in existence by then, with an increasing portion of this data to be managed by businesses, and ever-larger percentages of it subject to analytics platforms, especially in real time.
The scale of this digital footprint is so great that it stretches the limits of human imagination. A zettabyte is equal to one sextillion (1021) bytes, or 1,000 exabytes. Each exabyte can store 36,000 years of high-definition video content. It’s as if every human being on the planet had 25 smartphones, each filled to its complete data storage capacity.
Although it’s hard to wrap your mind around the idea of this much digital information, your customers are already feeling the impact of the shift to “big data.” It’s poised to revolutionize how they do business, engage their customers and make decisions.
Even the smallest organizations today have more immediate access to more accurate information about their customers’ wants and needs, the competitive landscape and the overall business climate than the largest enterprises had a decade ago. This empowers them to become more agile and productive, and can give all employees, including line-of-business workers, deeper knowledge and better insights.
Digital Transformation Brings Rich Opportunities Along with Computing and Security Challenges
Your customers are well aware that keeping pace with digital transformation is essential if they’re to meet their customers’ expectations for increased personalization, better online experiences, and more innovative product and service offerings.
And they’re already investing in the technologies that enable them to do so. Organizations large and small are now spending heavily on cloud computing, with increasing numbers of businesses moving ever-larger percentages of their technology infrastructures to cloud platforms each year. Not only do cloud providers offer scalable, flexible and accessible-from-anywhere storage options to help businesses manage burgeoning data volumes, but they also have computing resources available on demand to supply the processing capabilities needed to power real-time analytics.
As your customers move increasing numbers of their workloads to the cloud, they’re drawing on software-defined servers, storage and networking solutions to enable them to provision bandwidth and resources on demand. This makes it possible to deploy applications quickly, scale infrastructures with ease and reduce costs at the same time. But it also makes their computing environments increasingly dispersed, fragmented and complex. Additionally, it makes them more challenging to secure.
Hybrid infrastructures and distributed systems don’t lend themselves well to traditional perimeter-based security architectures. Traffic volumes may be too great for legacy firewall solutions to handle, and advanced persistent threat actors may be content to move laterally within the data center, endangering sensitive data’s security without ever attempting to access resources behind the firewall.
Attack surfaces are inevitably wider in today’s environments, yet it’s simultaneously increasingly difficult for organizations to have full visibility into their network infrastructures and connected endpoints, and to find and mitigate vulnerabilities.
Increasing Data Volumes Lead to Growing Demand for Security Services
As digital infrastructures become more complex, organizations require increasingly specialized skills to secure them. And yet it has never been more difficult–or expensive–to hire and retain skilled cybersecurity analysts. More than 74% of organizations in one industry survey report that their businesses have been impacted by a lack of cybersecurity talent, and this percentage gets larger every year.
For many, it’s neither cost-effective nor efficient to attempt to hire full-time staff to meet these increasingly complex cybersecurity needs. More and more of them are instead engaging managed security service providers (MSSPs) to alleviate the pressures they face, and help them accomplish digital transformation initiatives securely.
As an MSSP, you’re likely to find that the challenges faced by today’s businesses can open new opportunities you to grow yours–especially if you can closely align the service bundles you offer with your customers’ needs.