Contextual Security and Beyond: The Future of Cybersecurity

Welcome back to Razorwire! I'm Jim, your host, and joining me today are cybersecurity experts Richard Cassidy and Oliver Rochford.

Following on from our last episode of Razorwire, where Oliver and I discussed the key issues that cyber professionals need to focus on in 2024, this episode centres on key takeaways from recent security conferences, particularly RSA and Infosecurity Europe, and explores the shift towards contextual security as highlighted in Byron Acohido's recent report.

The conversation covers several critical topics:

1. The potential transformation of long term cybersecurity planning
2. Emerging trends in integration and standardisation among security solutions
3. Fresh perspectives on supply chain risk management
4. The debate over vendor accountability for security vulnerabilities
5. Innovative approaches to security budgeting and prioritisation

We discuss the necessity of proactive security approaches, the value of contextual information in threat detection and response, and the importance of considering customer impact when assessing security risks. They also touch on the potential implications of AI advancements for cybersecurity strategies.

We give you an overview of current industry trends, challenges and potential future directions. We challenge conventional ways of thinking and offer insights that may help reshape how listeners approach cybersecurity strategies so you come away with actionable insights and strategies.

The Overwhelming Complexity of Choice at Tech Events

"It's just unbelievable that at every stand you go to [the vendor says] “we're the best in application security.” “We are the best in UEBA.” And I try to put the customer hat on when I go to these events and go, oh my goodness, how does anybody make a decision in the midst of all of this complexity?"

Richard Cassidy

Listen to this episode on your favourite podcasting platform: https://razorwire.captivate.fm/listen

In this episode, we covered the following topics:

• Data Growth Management: Addressing the growing need for truly effective data management to secure the projected increase in data volume in the coming years.
• Communication Challenges: The difficulties in communicating long term infosec plans to the C-suite, who focus on shorter term financial goals.
• Cultural Shift: How the infosec industry has been impacted by post-lockdown advancements in technology as well as cultural changes.
• Cybercrime Costs: The predicted increase in the financial cost of cyber attacks is likely to be a more significant financial threat than physical crimes by 2025.
• Financial Challenges: Current investments in cybersecurity are not keeping pace with the evolving threat landscape.
• New Strategies: Why we need to move from rules-based to contextual-based security.
• Integration: How interoperability and synergy between vendors can help address evolving threats.
• Cyber Senescence: Why we need a longer-term approach to cybersecurity planning.
• C-Suite Communication: Why infosec professionals need to communicate risk and the importance of security investment to the c-suite effectively.
• Vendor Relations: The challenges of vendor lock-in, tool...