The corporate director's guide to managed cybersecurity services

COVID-19 and the rapid shift to working from home have dramatically increased board awareness of cybersecurity risks. This is great, because as hackers seek to take advantage of the chaos and disruption of the pandemic, CISOs and CIOs are working to ensure their businesses can stay securely connected.

Fortunately, in many cases, CISOs, CIOs, and administrators are redefining their roles in creating and protecting business value along the way. This will certainly pay off in the future, as leaders browse today's crash course on how quickly cybersecurity risks evolve and the importance of being able to anticipate and react in real time.

Cybersecurity is now seen as a strategic value protector, not a cost center

As the percentage of the global economy powered by digital technology continues to grow, International Data Corporation (IDC) estimates that 52% of global GDP will be fueled by digitally transformed businesses by 2023, the need to protect value business and assets. Its creation requires companies to continue to evolve in the monitoring and management of cybersecurity risks.

As digital challenges increase, digital risks will also increase. Many hackers will continue to invest, innovate, and work to overcome cybersecurity defenses. Why not? To a large extent, it worked.

Solve challenges with managed security

The rapid growth of managed cybersecurity services is a direct response to these issues and reflects the unique cybersecurity risks that exist and how difficult they are to manage. There are several key factors that business administrators should be aware of in order to understand the trend towards managed services.