Cloud security, an imperative for CPG businesses
Advanced IT-OT systems hosted in a multi-cloud environment enable CPG enterprises to better manage global operations. However, it increases operational risks, which may disrupt the business. While risk mitigation should be a priority, the big challenge is obtaining buy-in from leaders and stakeholders for cybersecurity solutions to safeguard cloud data, applications and infrastructure.
In an article published in the Consumer Goods Technology (CGT), Mayank Ranjan, SVP and Regional Head of Consumer, Retail and Logistics, Infosys, recommends adopting a risk-return approach to make a business case for cybersecurity investments.
A multi-cloud strategy to address the requirements of core functions such as production, supply chain, marketing, sales, and customer service increases the risk of hacking, corporate espionage, and insider threats. He adds that centralized data security solutions and a robust cloud security strategy mitigate risks due to internal and external factors. Advanced security solutions minimize downtime, safeguard consumer and enterprise data, and ensure seamless cloud operations.