State of Cybersecurity: A Radical Evolution 30 Years in the Making

In this series, professionals debate the state – and future – of their industry. Read all the posts here and write your own (use #MyIndustry in the body of your post).

Cybersecurity has become such a hot topic these days that FINALLY my friends and family understand what I do. I’ve been involved in the security realm for more than 30 years but over the past decade, we have seen the threat landscape change in a very aggressive way.

Information Security is the practice of defending information on the internet through the protection of networks and connected devices from unauthorized access, use, disclosure, disruption, modification, perusal, recording or distribution. The world is becoming more connected every day, and those connections pose security threats to people and businesses of all sizes. Research suggests that the number of connected smart objects will grow from 2 billion in 2006 to 200 billion by 2020!

According to PwC research, since 2009 the number of security incidents has grown at an average of 66 percent per year.

At Herjavec Group, information security is what we do. We manage the security postures for enterprises globally offering services including consulting, compliance, product delivery, security management, and remediation.

In our space, mergers and acquisitions occur regularly. Breaches have become highly publicized and nation states are resorting to a new form of cold war by waging attacks on the valuable information held by corporations.

In days gone by, security was relegated to a small internal IT team and so long as the anti-virus license was up to date, the business was set. Today, information security is a key topic discussed at the board level. If you don’t believe me, look at the headlines from any major media outlet. Targeted attacks and cyber hacks in the press have redefined what we consider to be sensitive information. Corporate, employee and customer data including salaries, emails, Social Security numbers and addresses are all valuable commodities, in addition to the standard credit card numbers. To add to the chaos, with the number of devices and technologies in play, the endpoint for security has become dramatically complicated. From speed bump to seat belt, as we say, members of the C-suite have changed their mentality and are having frequent dialogues about securing their infrastructure and managing risk before it happens. The challenge is… most businesses are not equipped to handle such a task with their in-house IT teams. More than ever before, organizations are looking to third-party service providers. 

I didn’t foresee all of this from the start, but I founded Herjavec Group in 2003 and we quickly became one of North America’s fastest-growing technology companies.

The path wasn’t always linear but we have adapted well to market conditions and are positioned as a global leader in managed security services.

We are in the right space, at the right time, with the right partners, products and services. We have to capitalize.

No matter what industry you’re in, if you realize potential like this — it is GO time

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