Managing Security At The Speed Of Business

By Nimmy Reichenberg, VP-Marketing and Business Development, AlgoSec

Nimmy Reichenberg, VP-Marketing and Business Development, AlgoSec

What significant changes did the enterprise security sector witnessed in 2013? What did these changes mean to vendors and customers?

2013 intensified the need of security teams to become enablers as opposed to naysayers. Security has to embrace employee owned mobile devices, cloud and social apps to keep their companies productive. On the other hand, the dramatic rise in publicized (and non-publicized) breaches are quickly getting the attention of board rooms–making security more visible and influential, but also more accountable and scrutinized. Vendors and customers must learn to strike the right balance between enabling business and keeping it safe.

What are some of the changes you had anticipated would happen in 2013 but did not happen?

I expected the industry to become much better at sharing breach information to more effectively combat threats. While everyone agrees this is beneficial, we have seen little change in 2013.

Can you paint us how the enterprise security landscape will change in 2014? What are some of the broader trends you are closely watching?

The three biggest trends remain cloud, mobile and advanced threats. Organizations continue to migrate applications and data centers to private, hybrid and public clouds, and must ensure they have the right tools and processes to secure the cloud and continue to deliver applications “at the speed of business”. Bring Your Own Device (BYOD) initiatives are not mature at most organizations, and securely enabling work on non-corporate devices remains a challenge. Finally, targeted threats continue to inflict major damage, forcing companies to rethink their defenses.

How customers' spend will change in 2014 for enterprise security? What makes you think customers will be buying more/less?

Security spending is expected to increase due to highly publicized breaches and the fact that security is now a boardroom discussion. The sad fact remains that threats have progressed at a faster pace than organizations have been able to roll out the latest security technologies, so 2014 will most likely be another year of ‘catch-up’.

What's in store for your company in 2014?

AlgoSec’s focus in 2014 is to enable organizations manage security at the speed of business and effectively deal with the complexity that makes securing and delivering business applications particularly challenge. Another focus for us is to provide security organizations with the tools to understand their risk from the business perspective, so that they can communicate more effectively with business stakeholders and ultimately have them “own the risk."

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