The Road to Reshaping Business is a series of articles exploring industry trends, strategic imperatives and practical steps for enterprise leaders who are looking to embed continuous advantage into their operations. In this first article, we dive into the rapidly evolving, mission-critical landscape of cybersecurity operations.
Rapid technology development and data-driven products and services have generated exciting new revenue opportunities, insights, and enhanced customer experiences in recent years. But these have also opened the door to new and increasingly sophisticated cybersecurity threats. Deloitte Global’s 2023 Future of Cyber Survey found that 91% of organizations are reporting at least one cyber incident or breach, compared to 88% in the 2021 survey. New threats are also evolving at a quicker pace than ever before, and cyber talent is becoming increasingly difficult to find and retain to help organizations prepare for, detect, and respond to incidents.
Despite the challenges, leading enterprises across industries are seeking more flexible and adaptable cyber capabilities to move beyond mitigating traditional risk and into driving growth. In this article we’ll explore three key industry use cases that are often overlooked, demonstrating how flexible and innovation-oriented cybersecurity can be crucial to long-term business performance.
In all three examples—M&A, IoT and evolving regulations—we see those enterprises who have the flexibility to adapt to rapid change being in the best position to turn cybersecurity from simple risk prevention into a catalyst for growth. We know that agility is often easier said than done. Outsourcing specific capabilities and mission critical areas of business to a third-party can be a daunting prospect. However, a top tip would be to look at providers with robust and holistic Operate service credentials and in-depth domain and industry-specific expertise. These should help empower enterprises to secure future success at scale.
For more insights into the evolving global cybersecurity landscape, you can explore Deloitte Global’s 2023 Future of Cyber Survey. To learn more about Deloitte’s Cyber Operate capabilities and read real stories from leading organizations, visit: Managed Extended Detection & Response (MXDR) by Deloitte and Digital Identity by Deloitte.