SAN FRANCISCO, June 6, 2022 (GLOBE NEWSWIRE) — RSA Conference — Sumo Logic (SUMO), the SaaS analytics platform for enabling trusted and secure cloud-native applications, today revealed the results of a survey, “Using compliance budgets to advance security priorities.The report points to the growing demand for integrated security and compliance solutions that mitigate emerging threats and privacy regulations. The survey was conducted by Enterprise Management Associates (EMA).
“While many organizations found ways to secure a remote workforce, the speed at which they had to adapt created cracks that must be patched to ensure full protection and compliance,” said George Gerchow, CSO and SVP of IT, Sumo Logic. “Now is the time for organizations to assess all of their security and compliance initiatives to ensure they align with the latest regulations and are up to scratch when auditors knock on the door. This research sheds light on the transformational change that is required, one that embodies a security-centric culture that breaks down the silos between compliance and security.”
Conclusion: Scalable solutions provided by SaaS bridge the gap between security and compliance
Legacy security tools weren’t built to handle the massive increases in the amount of information that needs to be processed and analyzed in the cloud. Due to their finite resources, the effectiveness of these devices is quickly broken down by the highly dynamic, unpredictable, and elastic nature of cloud environments. The survey revealed the impact of tools that address privacy, compliance, and security, and the challenge of managing hybrid environments.
- Nearly 58% of respondents say it is very important that tools to address data privacy are also used to address other security considerations.
- 39% of respondents said that having multiple environments with different compliance requirements and controls is their top compliance challenge.
- When it comes to future investments in tools, 86% of respondents plan to make a significant investment in data privacy and compliance solutions, while just over half, 52%, will make a significant investment in a management suite of security.
Legacy security analytics tools, including security information and event management (SIEM) solutions, don’t provide the insights organizations need to effectively manage security and compliance in the cloud. Organizations that are building and moving applications, infrastructure, and workloads to the cloud need a cloud-native solution. Cloud-native solutions provide the required fluidity in both cloud infrastructure and application stacks to tightly manage security and compliance.
Security teams are divided on how to approach data privacy controls as compliance drives security strategies
Maintaining compliance with any standard or law is something that each entity must manage. Self-monitoring is always tricky, but when an organization handles thousands upon thousands of log messages with potentially sensitive data, the task becomes monumental.
- 67% said that data privacy regulations like GDPR, CCPA, or changing data controls were their biggest compliance challenges.
- Security teams are also divided on how to approach data privacy controls, with 24% taking a compliance-focused approach and 26% taking a security-focused approach.
Collectively, compliance needs are driving cybersecurity priorities for many organizations. Many security teams reported completely altering their strategies to meet compliance requirements.
- 76% of security teams have significantly or completely changed their organization’s security strategy for regulatory and compliance priorities.
- 40% of respondents have suspended or postponed security projects to address compliance issues.
“Security and compliance go hand in hand, but often when budgets are allocated, one team gets a larger share of the pot,” said Christopher M. Steffen, CISSP, CISA, EMA’s director general of research. “Because compliance regulations or controls are underpinned by security, and security solutions are dictated by compliance requirements, budgets should reflect their equal importance.”
To learn more about how security and compliance teams can leverage each other’s knowledge to address their common challenges, click here.
In this research study, the EMA surveyed 204 technology and business leaders in North America, representing organizations from more than ten vertical industries. More than 54 percent of respondents were from the IT supervisor level to the C-suite level in their organizations. Sumo Logic was one of the sponsors of the report.
About sumo logic
Sumo Logic, Inc. (NSDQ: SUMO) empowers the people who drive modern digital business. Through its SaaS analytics platform, Sumo Logic enables customers to deliver reliable and secure cloud-native applications. Sumo Logic Continuous Intelligence Platform™ helps professionals and developers ensure application reliability, secure and protect against modern security threats, and gain insight into their cloud infrastructures. Customers around the world trust Sumo Logic to deliver powerful real-time analytics and insights through observability and security solutions for their cloud-native applications. For more information visit www.sumologic.com.
Sumo Logic is a trademark or registered trademark of Sumo Logic in the United States and other countries. All other company and product names may be trademarks or registered trademarks of their respective holders.
Carmen Harris, sumo logic
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