“Data Protection & Privacy regulation will rule 2020”
By MYBRANDBOOK
Sandeep Sengupta
MD
ISOAH Data Securities
Key Priorities of 2020
Being an Ethical Hacker and Auditor with an experience of over 20 years, it is understood that security depends on “People, Process and Technology”.
Since we ignore the first two “P” and only focus on “Technology”, companies are falling in front of cyber criminals. Anything that we invest in 2020 will be focused on “people”. And when we will visit the clients / auditee, we will recommend them to do the same.
Combining Breakthrough & Fusion approac
The winning companies will be those, who will bring disruptions while being equally adaptive. First they have to adhere to industry benchmarks for business continuity (ISO 22301) and resilience (BS 65000). While their research team will strive to create an industry benchmark for their core business.
Cyber Security
Most of the organizations do not have a Red Team, who is dedicated to identify the risks. Most of the organizations are poor in risk identification and assessment. They only follow industry trends.
So they are over spending on risks which they do not have, and not spending enough to mitigate the risks which are important for them. They are putting a lock on the wall, while keeping the doors unlocked. Ideally, a company should allot a risk identification job to a dedicated team (who will work with everyone else in the company, along with the SOC team).
Hire a CISSP to head the team. Then get a different team or consultant to assess and mitigate the risks. While getting a neutral third group of external auditors to audit the entire information security management system and report to top management.
Achieving Digitalization
Research on how to do the current job more efficiently? Or research on understanding what this world would be like in future. Understanding the future and making own company future ready is the most vital.
“Data Protection & Privacy regulation will rule 2020. Companies have to align their strategy to get compliant. Those who cannot, may not survive. We are aligning ourselves for the same. Our adoption to cloud & open source will balance security & data protection principles.”
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