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The road ahead:
Top 5 cybersecurity predictions
for 2021 and beyond

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State of cybersecurity in the IT landscape

The global COVID-19 pandemic has mandated work from home for most in the labor pool, and has irrevocably altered the way organizations approach business. While many of these changes are likely to become permanent, cybersecurity must also evolve as the threat landscape shifts.

A recent McKinsey report assesses the state of cybersecurity in the IT landscape and predicts how cybersecurity will evolve in 2021, the year of de-perimeterization.

 
Prediction #1:

Increased spending on IAM tools — CISOs
will seek convergence across solutions in 2021

The McKinsey report also notes that over 70 percent of chief information security officer (CISOs) and security buyers plan to ask for a significant increase in 2021, and 51 percent of enterprise executives are adding full-time cyber staff. With the number of remote employees increasing daily, organizations are revisiting who qualifies for privileged access to manage their business-critical systems.

The recent McKinsey report also reveals that CISOs at medium-size business are likely to prioritize managing identity governance and privileged access solutions that integrate security information tools with advanced security analytics to increase the return on investment.

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Prediction #2:

Higher than average spending on MFA services
for remote desktop access in 2021

Small and medium-sized businesses will continue supporting virtual work-arounds like remote desktop access for help desk technicians, the McKinsey report notes. Consequently, we at ManageEngine expect higher than average spending on multi-factor authentication (MFA) tools that integrate with collaboration tools.

 

ManageEngine's guide for securing RDP
access for remote workforce

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ManageEngine expert's 2021 cybersecurity
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