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Gartner Report
Predicts 2020: Security and Risk Management Programs

How the Rise of Unmanaged IoT is Changing the CISO’s Role

Gartner’s latest report examines emerging cybersecurity trends — cyber-physical systems, the CISO’s expanding role to include safety, and the merger of IT, OT and IoT security — that security and risk management leaders need to monitor to be successful in the digital era.

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What security and risk management leaders need to know about the state of IoT security in 2020 to educate the board and develop a multipronged action plan around people, process, and technology

Each year, Gartner offers their top predictions on how to ensure organizational resilience in the era of digital business. In this report, Gartner discusses why:

  • Cyber-physical incidents (CPS) incidents with impact to life and limb will only accelerate calls for corporate and personal liability  
  • By 2023, the financial impact of CPS attacks resulting in fatal casualties will reach over $50 billion, 10 times higher than 2013 levels of data security breaches
  • IT security, OT security, CPS and IoT security functions will merge into a single, centrally controlled, digital or corporate security organization
  • Executives and boards will demand better visibility and control of the security posture of the organization’s CPS
  • Organizations need to identify all connected assets already deployed, regardless of whether they are considered IT equipment, OT equipment, building management systems, smart appliances, or any other type of (wireless) connected or IoT device

Along with these security trends, Gartner provides strategic planning assumptions and actionable recommendations for CISOs to use in developing their own cyber risk management frameworks. 

So get ahead of the latest CPS and IoT security threats and download Gartner’s recommendations for driving holistic security risk assessment and risk management programs.

Gartner, Predicts 2020: Security and Risk Management Programs, 12 December 2019, Roberta Witty, Wam Voster, Katell Thielemann, Jie Zhang, Sam Olyaei, Jonathan Care
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