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RESEARCH REPORT


STATE OF CYBERSECURITY RESILIENCE 2023

How cybersecurity boosts enterprise reinvention to drive business resilience

10-MINUTE READ




IN BRIEF

 * Disruption is testing global organizations’ approach to risk and resilience
   as most large organizations transform, faster and more frequently.
 * Our latest cybersecurity research reveals some organizations are using
   cybersecurity as a differentiator to deliver better business outcomes.
 * We reveal cyber transformers are nearly 6X more likely to experience more
   effective digital transformations than the rest—and what they do differently.

Read the full report



SECURING TRANSFORMATION SUCCESS

The world has shifted and cybersecurity is shifting with it. The desire to
transform, faster and more frequently, is prompting some organizations to use
cybersecurity as a differentiator to deliver better business outcomes. Our
research revealed that organizations that closely align their cybersecurity
programs to business objectives are 18% more likely to increase their ability to
drive revenue growth, increase market share and improve customer satisfaction,
trust and employee productivity.

What’s more, organizations that embed key cybersecurity actions into their
digital transformation efforts and apply strong cybersecurity operational
practices across the organization—we call them cyber transformers—are nearly six
times more likely to experience more effective digital transformations than
those that don’t do both.



Yet, some organizations aren’t engaging cybersecurity early enough to meet
future challenges and opportunities. We found that, when it comes to embedding
security controls, 18% of our survey respondents still deploy them after they’ve
finalized a transformation effort—and that’s only if vulnerabilities are
detected.




By converting cybersecurity from an incident-driven reaction into part of the
fabric of transformation efforts, organizations can boost cybersecurity
resilience and position themselves to reinvent the whole enterprise, safely.


CYBERSECURITY AS A CHANGEMAKER

We surveyed 3,000 executives from 15 industries and 14 countries. Our research
revealed that more than one-half of organizations are beginning to recognize the
importance of being secure from the start in any transformation effort.

We discovered that most organizations undergoing digital transformation increase
their chances of being fully satisfied with the level of cybersecurity embedded
in their digital transformation efforts by 10 percentage points if they follow
three cybersecurity actions.


THREE ACTIONS TO ACCELERATE TRANSFORMATION

1. Require cybersecurity controls before all new solutions are deployed.

2. Apply cybersecurity incrementally as each digital transformation milestone is
achieved.

3. Assign a cybersecurity representative to the core transformation team and a
point person to orchestrate cybersecurity across all transformation initiatives.


CYBER TRANSFORMERS OUTPERFORM THE REST

We identified a group we call cyber transformers—30% of respondents—who are
already proving how prioritizing cybersecurity makes a difference.

> Cyber transformers build transformation foundations in two ways. They not only
> embed three key cybersecurity actions into their transformation efforts but
> also apply strong cybersecurity operational practices from the start.




STRONG CYBERSECURITY OPERATIONAL PRACTICES

Cyber transformers outperform the rest when they:

 * Excel at integrating cybersecurity and risk management.
 * Leverage cybersecurity as-a-service more frequently to enhance security
   operations.
   
 * Rely more heavily on automation.

As a result, cyber transformers are nearly 6X more likely to experience more
effective digital transformations than the rest.


WHAT IT TAKES TO BE A CYBER TRANSFORMER

Strong cybersecurity operational practices set cyber transformers apart from the
rest.

1. Cyber transformers excel at risk management.

Cyber transformers are six times more likely than the rest to apply leading risk
management practices (65% vs. 11%)

2. Cyber transformers more frequently use cybersecurity as-a-service to enhance
operations.

Forty percent of cyber transformers use third parties or managed services
providers to administer cybersecurity operations and address talent shortages,
versus 24% of the rest.

3. Cyber transformers are more committed to protecting their ecosystem.

Forty-five percent of cyber transformers more often incorporate their ecosystem
or supply chain partners into their incident response plan versus 37% of the
rest; 41% also require them to meet strict cybersecurity standards versus 29% of
the rest.

4. Cyber transformers rely heavily on automation.

A majority (89%) of cyber transformers rely heavily on automation, compared with
just 57% of the rest.

Cybersecurity is essential to maintain dynamic protection in every
transformation program. As our cyber transformers show, business leaders have an
opportunity to make cybersecurity’s impact extend beyond protecting the business
in the here and now, to actively influence continuous, dynamic reinvention.

Read the full report



WRITTEN BY

Paolo Dal Cin

Global Lead – Accenture Security

LinkedIn


Jacky Fox

Lead – Security, EMEA

LinkedIn


James Nunn-Price

Senior Managing Director – Growth Markets Security Lead

LinkedIn


Harpreet Sidhu

Senior Managing Director – Accenture Security, North America Lead

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