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In 2023, cybersecurity and resilience will be seen as business risks rather than technological risks. Thus all should be concerned.
The IT industry has a lot of new spills ready for us, for instance, AI. However, high-profile breaches grow rampant as cyberspace becomes a staple go-to of people and businesses.
Collin Penman, Practice Leader, Security & Resiliency, Kyndryl ANZ, emphasised that cyber accountability is needed to ensure security and resilience.
“Some 88% of boards now see cybersecurity more as a business risk than a technology risk, according to a Gartner survey. That tells you that this is no longer just a discussion for techies; every part of the organisation needs to step up and play its part,” he stated.
People should take control, reporting breaches. They should also put pressure on cyber authorities to move and take action. Companies should also prioritise cybersecurity this 2023 to protect their data and users.
“From a talent and skills perspective, I think we’ll continue to see a focus on decentralising corporate offices to attract security talent in the regions,” Penman added.
Jim Freeman, Chief Technology Officer, Kyndryl ANZ, says, “I always felt it in my bones that Australia was a world leader in cloud adoption, but now Infosys Cloud Radar Study confirms it.
“For as big a head start as Australia has had, we are still only realising a fraction of the benefits cloud has to offer,” he says.
“Frankly, that realisation continues to be paced by the ability/ROI/Risk profile for re-engineering business processes and the underlying legacy applications.
“I think IT departments are becoming more comfortable with multi-firm squads i.e., assembling the right talent for an outcome by selecting team members from several different companies,” Freeman says.
This 2023, people and automation will also have a battle. To drive more efficiency, companies will be pushed to automate repetitive tasks as it can reduce human error. However, the good thing is workers will not be laid off. Instead, upskilling will happen as they focus on problem-solving and more significant business challenges.
“In fact, employees are 230% more engaged and 85% more likely to stay beyond three years in a job if they have the right technology support,” said Brad Mumford, Practice Leader, Digital Workplace Services, Kyndryl ANZ.
In Australia, business in the mining, oil, and gas industries will amplify using technology not only for cost savings and efficiency. Tech will help Australian companies foster a healthy and safe workspace in the said industry.
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