The Global Digital Transformation Market is expected to exceed more than US$ 462 billion by 2024 and will grow at a CAGR of more than 18.5% in the given forecast period. We see digital adoption across our various customer segments including cloud operators, e-commerce providers, payment gateways, governments, also businesses across all segments cutting across a wide spectrum of industries, including – Banking and Financial Services, Insurance, E-commerce, Healthcare, Manufacturing, Media and Entertainment, IT & ITeS, Government, and many more.
Sunil Gupta, Executive Director & President – NTT Com-Netmagic spoke about the digital transformation hurdles with organizations having legacy infrastructure;
The key security hurdles in the Digital transformation journey
Recent research has indicated that by 2021, digital transformation will add an estimated $154 billion to India’s GDP and increase the growth rate by 1% annually. While digital transformation can change the way an organization works and add value to its services, it can also increase the risk of cyber-attacks.
The proliferation of endpoints, distributed networks, and the increase in the volume of data and traffic are all security concerns that businesses can face in the journey towards digital transformation.
Two points of particular concern would be polymorphic attacks and DevOps vulnerabilities. Thus, organizations should ensure that they achieve a security transformation that is equal to the digital one and integrate the former in all areas. A programmatic and systematic approach is key.
The year 2019 is expected to bring in certain data security challenges. This can range from the misuse of social media to security vulnerabilities in the Cloud. For attackers in the Cloud domain, in particular, the opportunities are many.
Without proper safeguards in place to protect data, security will be a major threat for organizations migrating to the Cloud. The year 2019, there is also likely to be a change in the modus operandi of cyber attackers who will target third-party vendors, customers or partners to gain access to the target’s network.
How to deal with Legacy infra when planning for Digital Transformation?
As per a survey, legacy infrastructure, particularly in networks is holding back cloud and digital strategies in organizations. Truly so, for an organization’s cloud strategy to reach its full potential, there is a need to replace legacy infrastructure with next-gen network solutions. The former can make a business dysfunctional. However, more and more Indian organizations are getting ready to embrace modern technologies that offer them a number of benefits.
These include more efficient utilization of bandwidth, adoption of technologies like SD-WAN, increase in productivity, greater expansion opportunities, increases ROI, greater agility, and better cloud app performance. Some commonly encountered challenges during migration and their solution is as follows.
Acceptance Legacy systems are often ingrained in the organizational culture and may not be accepted by the community at large. This can be overcome through a mechanism where users are asked to give a feedback and add features into the new system as per their preference.
Downtime Organizations may often be concerned about the significant downtime that can accompany replacement. For this to be overcome, there is a need to ensure compatibility with current infrastructure and employee usability. This will make the transition to be more seamless.
Then there are other concerns such as fear of job loss, workflow issues, etc. all of which can be managed through systematic planning and putting in place protocols to address concerns at each step of the transition.
Suggestions to ensure data security
In a highly digital environment, characterized by changing data creation and usage patterns, organizations need to continuously address vulnerabilities in their IT environment, while ensuring proactive remediation. A comprehensive provider of Managed Security Services like Netmagic enables IT departments to be more effective by:
•Taking up the entire responsibility of threat detection and remediation, with minimal intervention required by IT teams
•Providing a 24 / 7 Security Operations Center (SOC) that ensures real-time response and quick remediation
•Driving a highly effective Managed Service model with options to provide own tools and also leverage customer’s existing tools
•Leverage a strong expertise in systems, networks, database, middleware to provide a comprehensive support to customer
NTT Com-Netmagic’s MSS helps minimize risks, protect critical information and effectively reduce the cost and complexity of your security infrastructure. With an end-to-end suite of fully managed services, MSS gives you a consolidated view of your security environment, within as well as outside the enterprise perimeter. Our capabilities span across online platform-based tools as-well-as on-premise solutions, providing you a comprehensive set of security options for enterprises, covering:
•24X7 Security monitoring with SIEM and Analytics
•Managed Web Application Firewall
•Managed DDOS mitigation
•Managed Intrusion prevention
•End point threat detection and response
•Data Leakage prevention
•Web and Email threat prevention
•Anti-phishing & Antimalware protection
•Privilege ID management
Our MSS teams help customers architect, deploy and operate security solutions leveraging best-of-breed technologies while integrating customer’s existing security investments. Netmagic brings to the table significant knowledge base of security controls, policies, best practices and frameworks that are deployed out of the box for customers.
Predictions for the upcoming year
We see increased importance of big data and related data management technologies in the enterprise computing space. There is likely to be an increase in the demand for and growth of cloud and edge computing due to the proliferation of services running on artificial intelligence.
As per predictions by the IDC, enterprise spending on cloud services and infrastructure will be more than $530 billion by 2021 and over 90% of enterprises will use multiple cloud services and platforms. SaaS solutions are expected to become the most highly deployed cloud service across the globe. There will be a major shift in thinking, making wireless networks secure and reliable, and a necessary component of any successful enterprise. Multi-cloud Hybrid IT is also a domain which will be in high demand to cater to customized client needs.