Security teams should prepare for what researchers say will be a challenging environment through 2023, with increased pressure from government regulators, partners, and threat actors. Gartner kicked off its Security & Risk Management Summit with the release of its analysts’ assessments of the work ahead, which Richard Addiscott, the company’s senior director analyst, discussed during…

COVID-19 has reorganized the risk landscape for chief audit executives (CAEs), as CAEs have listed IT governance as the top risk for 2021, according to Gartner. Analysts said the pandemic is giving rise to new sets of risks while exacerbating long-standing vulnerabilities. Gartner conducted interviews and surveys from across its global network of client organizations…

Senior executives reported concerns around renewed outbreaks of the COVID-19 pandemic as their top emerging risk in the second quarter of 2020, according to Gartner. Gartner surveyed 131 senior executives across industries and geographies on the top concerns facing their businesses with results showing that the second wave of COVID-19 topped executives’ concerns, even as…

The average $5 billion company incurs delays of roughly 5 weeks per year in new product launches due to missed risks, with a $99 million opportunity cost, according to Gartner. Opportunity costs from missing risks A survey of more than 382 strategic initiative leaders quantified the cost of missing risks in strategic initiatives. For an…

Organizations’ current approach to risk governance is not sufficient to tackle the complex risk environment organizations are facing today, according to Gartner. The COVID-19 pandemic is just the latest in a line of recent risk events showing how organizations are not properly set up to manage risk, especially fast-moving ones. The research showed that 87%…

Many enterprises and sectors are unaware of the 5G security vulnerabilities that exist today. Choice IoT says it’s critical for businesses to have a plan for discovering and overcoming them at the outset of a 5G/IoT platform rollout to avoid future cybersecurity disasters. There is a big difference between the promise of 5G low latency,…

Over 40% of privacy compliance technology will rely on artificial intelligence (AI) by 2023, up from 5% today, according to Gartner. The research was conducted online among 698 respondents in Brazil, Germany, India, the U.S. and the U.K. “Privacy laws, such as General Data Protection Regulation (GDPR), presented a compelling business case for privacy compliance…

Among organizations that engage third parties to provide business services, 83% identified third-party risks after conducting due diligence and before recertification, according to Gartner. Gartner’s survey of more than 250 legal and compliance leaders reveals that the standard point-in-time approach to risk management is no longer effective in today’s landscape of fast-paced, rapidly changing business…

Where data privacy executives plan to focus their strategies and budgets

Adapting to an increasingly volatile regulatory environment is the top priority for privacy executives, with only approximately four in 10 confident in their current abilities to keep pace with new requirements, according to a Gartner. Conversations with Gartner clients and Gartner’s annual survey data reveals where data privacy executives plan to focus their strategies and…