Security Minute: Managing Digital Risk Amid Business Disruption

The challenges of 2020 have had a profound effect on all businesses. Digital transformation has accelerated, and new risks and security needs have emerged that customers need help navigating. But solution providers must account for their clients’ unique needs when steering through these obstacles. And it all starts with digital risk management.

“The COVID-19 pandemic has disrupted organizations to their core in a variety of spaces,” says Peter Beardmore, director of digital risk strategy at RSA. “Particularly with respect to the digital plane and how they are facilitating or leveraging digital technologies to continue to do business.”

Clients are left with the choice of what solutions to lose, keep and double down on – all while considering how the inevitable risks of a new digital investment will be managed. Beardmore says customers should focus on four key areas – the workforce, security and risk management, compliance and business operations.

“It’s important to make sure the business can run smoothly; meaning that policies continue to be followed, that data is protected and that operations can continue to run smoothly when it comes to things like supply chain, for example,” says Beardmore.

Solution providers with dozens of customer relationships may find it tough to balance all these priorities. RSA helps partners tackle digital risk management with assessment tools, expertise and proven solutions to help tackle organizations’ pressing digital risks. Some key risk areas solution providers should target include managing dynamic workforce risk, securing cloud transformation, mitigating cyberattacks and coordinating business resiliency.

“Our partners get access to an incredible amount of technology and capability that comes from an extremely well-curated and tailored portfolio,” says Beardmore. “But perhaps more importantly than that comes the expertise and the ideas and the consultation and the real partnership that we offer in the field to help organizations figure out what’s needed, how to get it, and how to deploy it as efficiently and successfully as possible.”

To learn more about RSA’s eight key digital risk areas, go to www.rsa.com.