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Cloud CISO Perspectives: The high security cost of legacy tech
- Many organizations continue to rely on outdated technology due to the high cost of replacing older systems, but relying on them comes with hidden costs that can far outstrip the benefits. Legacy technology can greatly increase the business and security risks that an organization will face and can leave organizations less prepared for the future and more vulnerable to cyber-attacks. A survey by Google Workspace global cyber security of more than 2,000 security and IT decision-makers found that despite the availability of more modern solutions, many organizations still rely on defenses that were designed for the desktop era.
- The survey found that 66% of organizations invest more time and money than ever in securing their environments, yet still experience costly security incidents. This can be partly attributed to the fact that more security tools are attempted to compensate for legacy platforms that continue to be vulnerable to security incidents. This approach, however, not only adds cost but also makes managing security more complex rather than simpler. Additionally, organizations with more security tools reported an average of 14 security incidents per year, with 34% of them spending more than $250,000 on incidents per year.
- The solution is to invest in more secure tools, not more security tools. A cloud-first solution can be a more secure modern solution for organizations, despite the challenges of overhauling systems, especially for large organizations. Security leaders need to consider shifting their strategy towards modern, secure-by-design architectures with endpoint management and Zero Trust access controls in Google Workspace. Adopting modern technology eliminates entire classes of threats and improve business outcomes.
- Organizations such as Trellix cybersecurity company, the city of Dearborn, and Humana have benefited from migrating to Google Workspace and other modern technology solutions and have reported an improvement in security and access permissions while streamlining collaboration. Investing in secure modern technology should be a priority for security leaders to minimize the risks of costly security incidents.
- More modern technology solutions can help eliminate whole categories of business and security risks, leading to an improvement in business outcomes. Even though investing in such solutions may seem daunting, it is worth taking small steps to minimize disruption while evaluating the return on investment. A cloud-first solution can be modern, innovative, secure-by-design and can help provide a better outcome for an organization if properly adopted.
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