I believe that organizations don’t necessarily need multiple communication and collaboration solutions when all-in-one platforms can enable business communication across multiple channels-messaging, voice and video (Full disclosure: My company offers this type of solution.). A majority of organizations ( 72%) support between three and nine collaboration tools, according to a 2021 survey by NetScout. For example, organizations can reduce the range of solutions they use to support communication and collaboration among distributed teams. There are many areas I see where enterprises can streamline their tech stacks and reduce application sprawl. The ballooning number of applications can make it difficult to properly manage them, increasing security and compliance risks. I see the growing number of applications in the tech stack as contributing to the application sprawl in enterprises. Organizations can take the following proactive steps to keep networks secure and reduce security vulnerabilities. With the number of cyberattacks growing and attack vectors increasing, reducing the network attack surface risks and mitigating cyber risk is critical for securing sensitive enterprise data and information.
Other executives agree that opportunities for cybercrime are increasing as organizations advance digital transformation initiatives and rely more on technology to support remote and hybrid working models. According to the 2023 Allianz Risk Barometer Report, risk management experts now consider cyber incidents the number one risk in today’s business environment. These and other statistics have vaulted cyber incidents as the top risk exposure in organizations.
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