March - 2016 - issue > In My Opinion
Advent of Digital Disruptions and the Role of Security
Vic Mankotia, VP, Security & API Management, Asia Pacific & Japan, CA Technologies
Bob Dylan's 1960s classic tune 'The Times They Are A-Changin' couldn't be more relevant today, as organizations find themselves under pressure to adapt to today's application economy. This has significantly impacted the information technology sector where transformation has created a fertile ground for disruptive technologies that increasingly challenge the status quo.
However, the challenge is not merely new business models; it is broader with the heightening urgency to adopt new agile thinking at the project level. While at the heart of the issue is the application, at the forefront of the conversation is balance: the balance between innovation, market share and margins; and just as importantly, the fine red line between risk, information security and the application economy, where every business is a software business.
We live in the application economy where businesses and most form factors are digital first. This is pervasive with mobile apps reshaping everything; from the way we make dinner to even how we plan our retirement.
With businesses increasingly interacting with customers through apps as their main touchpoint, enterprises will rely more on application programming interfaces (APIs) to manage access to their data over mobile devices or cloud-based services for partners and third-party developers. However, opening on-premise data and applications to third parties via APIs can raise a range of serious security concerns if not thought through properly.
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