According to a recent analysis by CyberEd.io, security and risk management leaders must adapt to seven key trends to effectively safeguard the expanding digital footprint of modern organizations against new and evolving threats. The current landscape, marked by sophisticated ransomware, digital supply chain attacks, and deep-seated vulnerabilities, demands a strategic evolution in cybersecurity practices.

Kyle Schmechel, CISSP, Director, CyberEd.io Content Development & Managed Services, says that the pandemic-induced shift to hybrid work and cloud technologies has significantly challenged Chief Information Security Officers (CISOs). They are now tasked with securing a more distributed enterprise amidst a notable shortage of skilled security staff.

The trends shaping the future of cybersecurity fall into three primary categories: innovative responses to advanced threats, the evolution of security practices, and a reevaluation of existing technology.

Key Trends in Cybersecurity:

1. Attack Surface Expansion: As enterprises embrace cyber-physical systems, IoT, open-source code, and complex digital supply chains, their attack surfaces have broadened significantly. This expansion necessitates new approaches in security monitoring and response. Digital Risk Protection Services (DRPS), External Attack Surface Management (EASM) technologies, Human Risk Management (HRM) and Cyber Asset Attack Surface Management (CAASM) are essential tools for CISOs to visualize and manage these broader exposures.
2. Digital Supply Chain Risk: Cybercriminals are increasingly targeting digital supply chains, as evidenced by vulnerabilities like Log4j. CyberEd.io predicts that 45% of organizations globally will face software supply chain attacks by 2025, a three-fold increase from 2021. Mitigating these risks requires a shift in vendor management and proactive preparation for upcoming regulations.
3. Identity Threat Detection and Response: Identity systems are prime targets for sophisticated attackers. CyberEd.io’s concept of Identity Threat Detection and Response (ITDR) encompasses tools and practices to protect these systems.
4. Distributing Decisions: The increasing complexity of digital business necessitates a decentralized approach to cybersecurity decisions. By 2025, a centralized cybersecurity function may not suffice for digital organizations, prompting CISOs to empower other executives in risk decision-making.
5. Beyond Awareness: Traditional security awareness training is proving inadequate. Progressive organizations are adopting Security Behavior and Culture Programs (SBCPs) within the context of Human Risk Management (HRM) to foster secure work practices.
6. Vendor Consolidation: The convergence of security technologies is being driven by the need for reduced complexity and increased effectiveness. Platform approaches like XDR, SSE, and CNAPP are gaining traction.
7. Cybersecurity Mesh: While product consolidation is essential, there’s also a need for a unified security architecture. Cybersecurity Mesh Architecture (CSMA) offers a cohesive structure to secure assets across various environments.

These trends are interrelated and pivotal for CISOs to evolve their roles and address future security and risk management challenges. In doing so, they continue to elevate their importance within their organizations, and improve their chances of ending off the inevitable Cybersecurity attack in the near term.