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Welcome. My name is Martin Ko. I'm principal Analyst at Koko. Today. I want to talk about cybersecurity investment priorities, and specifically what to do now in a phase where we still are in phase uncertainty of crisis. For many businesses of reduced budgets for others in a very strong face. If you're selling whatever remote access software, it might look very differently, but in a, in a face of turmoil of change.
And so in that phase, it's, from my perspective, super important for the CIOs, for the CSOs to think about what to do next, with all the uncertainty we have, but think about what are my options, what are my priorities for the future? One thing is clear. A lot will change. We will have most likely, far more work from home than ever before. So it will not go back to fully to the office probably will be somewhere in between our time.
We have the need for push speeding up our additional transformation, which also means we have more attack surfaces because the more we do digital in business, the more risk we have in that space. So we need to think about how does our information security and we are talking about cybersecurity.
Investment priorities need to look like, and what you should do now is portfolio optimization, which means revisiting your current portfolio of technologies, looking at what you will need in future where your future requirements, your requirements are, identify the gaps, but also identify which of the technologies you have in place might not be the ones which really help you in future. There might be technology you might discontinue or where you don't invest much anymore. There might be new technologies.
There will be new technologies where you need to spend more money around cloud security around MFA, around secure access to services from home. These are areas which might require different investments, also lot of things around and access. And so you need to think about how can you balance this and how can you, where do you need to spend your money in the future? So where to focus on identify the gaps, identify the things you don't need that much anymore.
The things you need in future and think about, which are the top priorities for your projects for you in Westman, including all the business continuity stuff, which also is, as we have learned the hardware super important. So Think about that and spend the time now so that you, once things are moving faster, again, that you know what to do first and that you know of the money you have, which might be less, or which might be the same you have, which might be even more where to best spend the money than portfolio optimization is a task that can be done very well.
As a lot of conceptual work can be done very well. Even in the face of a lot of work from home, a lot of radio conferencing. It is one of the things which needs to be done now because business is changing. It has to change in it. Security and cyber security has to change as well. It means we need to revisit what we planned intended to, to do and do it in a way that works better for the future. We are happy to support you. Thank you for listening.
