Only 2 in 10 Swedes trust in digital defense – How ITAM and SAM can change the narrative
Our latest "Tomorrow Report on Cyber Security" reveals a worrying trend: trust in digitalisation continues to decline. Only 2 out of 10 Swedes believe that Swedish companies and authorities are capable of defending themselves against cyber attacks. In this context, the convergence of IT Asset Management (ITAM) and Software Asset Management (SAM) presents a crucial opportunity to mitigate these risks.
The modern IT landscape is increasingly complex, posing significant challenges for organisations as they strive to manage technology assets effectively. This complexity highlights the importance of integrating ITAM and SAM to enhance security, optimise costs, and ensure compliance. It’s a simple truth: you can’t protect what you don’t know exists.
Idenitifying and addressing risks
By combining ITAM and SAM, organisations can gain enhanced visibility and control over their IT investments. This integration ensures that IT strategy is closely aligned with business objectives, allowing every asset—whether hardware, software, or cloud service—to be accurately accounted for and utilised to its full potential. A proactive approach to ITAM and SAM helps organisations identify and address security risks by pinpointing outdated or unpatched software, which often serves as a gateway for cyber attacks. Moreover, SAM solutions contribute to a stronger security posture by ensuring that only authorised, up-to-date software is deployed across the organisation. This synergy also enhances cybersecurity by identifying vulnerabilities and ensuring all assets comply with security policies.
A complete picture
Today, ITAM and SAM extend far beyond merely tracking hardware or software licenses. They represent a comprehensive approach to managing an organisation’s entire IT environment, from physical devices to cloud services. Effective ITAM offers a complete picture of all IT assets, facilitating better decision-making, resource allocation, and lifecycle management. Meanwhile, SAM focuses on efficient software license use, minimising waste, and reducing compliance risks.
Sophia Wikander, CEO of Microsoft Sweden, emphasized the importance of this approach in the Tomorrow Report: "This is always a business management issue. It is about business risk management that must be taken seriously in all companies and organisations, big and small."
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ITAM for decomissioning
A key benefit of ITAM is its role in the decommissioning of outdated assets. With clear visibility into the lifecycle of IT assets, organisations can identify when equipment or software has reached the end of its useful life. Systematic management of the decommissioning process allows organisations to securely dispose of outdated systems, minimising security risks while freeing up resources for newer, more efficient technologies.
A strategy for the future
As digital transformation accelerates, the need for continuous monitoring, intelligent insights, and automated processes becomes increasingly urgent. Robust ITAM and SAM practices not only help businesses protect their digital assets but also support a strategic approach to cyber security, aligning with broader business objectives. They help organisations to reduce costs, mitigate risks, and drive innovation, ensuring they remain competitive in a dynamic market.
How are you utilising ITAM and SAM in your organisation?
Share your experience in the comment section!
This holistic approach significantly reduces vulnerabilities and strengthens your organisation's overall security posture.
Being in control of one’s organizations assets is a significant and increasing challenge. Maintaining control in a much more dynamic business and infrastructural environment is necessary in order to ensure a healthy security posture. If you do not know what data to protect and where data resides you will resort to the guessing game. It’s beyond clear that given the current threat levels flipping the coin on a daily basis is not a reasonable approach. Hence asset control whether it being physical machines, cloud components or applications is a must. Not only is it a must but also the foundation for any type of security approach, hopefully with the overall aim to be able to quantify cyber risks in order to focus on what really matters and apply business rationale on cybersecurity investments.
Senior Communications Specialist / Projektledare på Nexer Maverick
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