February 28 (SeeNews) - A growing number of companies will be outsourcing their cyber security operations in the future, as IoT security will come into sharper focus, a senior security official at IBM South East Europe (SEE) said on Thursday.
"My guess is that we will see more and more organisations that are looking to outsource their security either by using managed security services from SOC [security operations centers] providers or at least outsource CISO [chief information security officer] function," Dejan Vukovic, security business leader, IBM SEE, said in a blog post.
In SEE, Telekom Slovenia and its Bosnian peer BH Telecom have incorporated the IBM QRadar platform in their SOCs in a bid to make their organisations more secure, as the move allows them to become security services providers in the market.
In the food sector, the largest regional food and beverages company, Croatia's Atlantic Grupa, has outsourced to IBM Managed Security Services both the security information and event management (SIEM) and endpoint protection.
"From technology point of view besides artificial intelligence that will have an even more important role in the cyber security domain, I see that IoT Security will most likely become a hot topic," Vukovic said.
"As a cherry on the top we will probably see something called predictive Security – to predict cyber-attacks and prevent before they happen in the future," he noted.
Vukovic recalled that in 2017 and 2018 the predictions by IBM's security experts were centred on artificial intelligence, global lack of skilled security professionals, organisations’ inadequate incident response programmes and overall cyber-criminal business that will keep blooming, and they proved correct.
"Cyber-criminal business today is bigger than drug trafficking," Vukovic noted. "Nowadays the world is missing 300,000 - 500,000 senior security professionals with a predicted shortfall of 1.8 million unfilled security positions by 2022."