Friday 21 September, 2018

Cybersecurity also travelled to World Economic Forum in Davos

 Pedro Paixao,Vice President of International Sales and General Manager for Latin America and the Caribbean at Fortinet.

Pedro Paixao,Vice President of International Sales and General Manager for Latin America and the Caribbean at Fortinet.

Cybersecurity was one of the central themes at this year’s World Economic Forum in Davos, and this is not coincidental. While organizations and economies embark on their journey towards digital transformation, they are trying to take advantage of new business opportunities, improve efficiency and offer better services to customers and citizens. With these opportunities come new cybersecurity challenges –the threat is real.

At the World Economic Forum, the creation of a Global Cybersecurity Center was proposed, and five technological risks were identified:

• Interruption of critical information due to infrastructure intrusion.

• Broad spectrum cyberattacks, as well as massive incidents of information theft and electronic fraud.

• Increase in the financial cost resulting from cyberattacks.

• Unprecedented rise of illicit exploitation of public and private information that generates deterioration in global systems.

• Adverse technological advances that can cause environmental, economic and human disasters.

Cybersecurity strategies must undergo a radical evolution. Tomorrow’s security devices will need to have visibility and operate internally between them to recognize changes in the interconnected environments and thus, automatically, be able to anticipate risks, update and enforce policies.

Devices must have the ability to monitor and share critical information and synchronize their responses to detect and repel threats.

It is here when another aspect mentioned repeatedly in this edition of the Davos Forum, artificial intelligence, enters the scene. Improving the quality of intelligence against threats is extremely important as IT teams transfer more and more control to artificial intelligence to perform the work that they would otherwise have to perform.

In the future, artificial intelligence in cybersecurity will adapt constantly to the attack surface’s growth. Today, we are simply connecting points, sharing information and applying that information to the systems. A mature artificial intelligence system is expected in the coming years, one that may be able to make complex decisions by itself.

That is precisely the reason why an approach is needed where security solutions for networks, accesses, devices, applications, data centers and cloud work together as an integrated and collaborative whole, combined with executable intelligence to maintain a strong position in relation to autonomous security and automated defense.

Companies have invested a lot of time, resources and money in technology to allow their businesses to grow, reaching new markets and operating more efficiently. Today, we are fully in a new digital era where technology is shifting from being a business enabler to a business generator and cybersecurity must be another tool to favor this digital transformation. Cybersecurity must concern us today and they have already taken note of that at the World Economic Forum in Davos.

This article was written by Pedro Paixao,Vice President of International Sales and General Manager for Latin America and the Caribbean at Fortinet.