Stay in the loop with current information on top-tier cybersecurity breakthroughs and technological changes causing paradigm shifts in the data security space.
Word of the day — Technology.
Unless most of the world’s population resides in caves (which should be unlikely), many people are indeed conversant with the current digital revolution that’s consumed how businesses, governments, individuals, and organizations manage their daily activities.
The global digitalization process has become such a seamless and cannot-do-without aspect of human interaction; a positive addition to the various means through which we function as a society.
However, with change comes challenge; and the field of Cybersecurity, being an enormous part of the global digitalization affair, is no exception.
Cybersecurity has become a primary goal for businesses and organizations looking to safeguard their data from unauthorized access or cyber-attacks. Over the years, there have been many technological innovations tailored toward optimal data protection, otherwise called trends, that establish new norms in the field of Cybersecurity.
Ranging from new-found security threats to state-of-the-art security measures, these trends are examined to give you a clear understanding of what has been, what is, and what is to come:
1. Data Breaches
Data is now Life, and whether we choose to believe it or not, it is more of a fact than a mere conception.
In the internet age, our lives have become closely linked to our digital information, often shared with different organizations, making data breaches one of the top rising concerns in cybersecurity.
Fortunately, with the arrival of the European Union’s General Data Protection Regulation (GDPR), the desire to preserve data sanctity has been heightened. Data protection has become an increasing part of companies’ daily checklists because a single system vulnerability can be just enough for hackers to access their business information and launch attacks.
Now, organizations are focusing on recruiting data privacy officers, ensuring controlled internal data access, and undertaking external system security assessments to identify areas of improvement.
2. Increased demand for Cybersecurity Professionals
If you’re a business owner, you likely have to deal with growing data based on a handful of daily work engagements and demands.
Dealing with these vast amounts of data in fast-paced and pressurized environments can become challenging, especially for a company with no data security expert on ground to solve the problem of successfully protecting sophisticated data.
As a result, companies are often left with no choice but to reach out to professional data security consultants to help; and this opens an essential gateway for more Cybersecurity professionals to put their skills to good use.
3. Automation and Integration
Even for data security engineers required to protect large amounts of business data, there are prime challenges that pop up — the most prominent, however, is the usual delay in systematized data integration.
Keeping up with the large volume of data, working with different source technologies and various streaming sources, and managing complex web applications are some of the potholes that lead to inefficient data integration.
Because of this, automation has become a valuable asset to these engineers. Automation is now constantly incorporated to build attack-resistant software and integrate and harmonize large amounts of data as swiftly as possible.
4. Targeted Ransomware
Picture this: You head to the office on a business day, ready to work. But you attempt to log into your computer system, and the system doesn’t respond like it’s supposed to. You can’t get access to your files. Eventually, a note pops up on your computer screen, leaving instructions you must follow to get access to your files back (usually the payment of a sum of money).
This scenario is called a Ransomware attack. A Ransomware is a software or malware that uses encryptions to hold digital information hostage for a fee. If the fee is not paid, the usual threat of publishing the captured data is carried out.
This form of cyberattack has increased since its most prominent occurrence in 2017 — the WannaCry Ransomware Attack on the National Health Service hospitals in the United Kingdom. The attack compromised over 70,000 medical gadgets.
There is an ongoing clean energy transition around the globe at the moment, and because of the advancement, electric or self-driving cars are now thought to be prized possessions, and rightfully so, given the hype and premium prices slammed on them.
However, the uncool factor that has resulted from this development is the drifted attention of hackers to these cars.
These cars come with automated software that guarantees seamless connectivity to the internet, Wi-Fi, and Bluetooth technologies, exposing them to potential hacker threats.
It is expected that because of these technologies, automotive hacking will be on the rise as hackers now have a novel opportunity to access digital information.
6. Mobile Banking Malware Attacks
Our details ranging from government-issued IDs, photos, social security numbers, taxpayer identification numbers, addresses, etc., are all linked to our bank accounts, and so, Mobile banking malware attacks continue to be the bane of our privacy.
A research study indicated that in 2021, these attacks were expanded to financial organizations on a global scale, so one can assume that our mobile devices are targets for hackers.
This recurrent challenge of putting up with malware attacks and trying to shield financial transaction records from unwanted third parties places this challenge as a top trend in cyber security today.
7. Cloud Vulnerability
Today, many organizations run all their activities on the cloud because it saves paper, time, and physical structures and promotes green work.
It’s interesting to note that 94% of all enterprises currently use cloud services, and in 2020, the cloud computing market’s total worth was $371.4 billion. This statistic indicates that now more than ever, there is a need to monitor and safeguard the information stored within the confines of the cloud.
We’ve had recurring stories about celebrities losing intended personal information to the public due to cloud compromise by hackers. Organizations are not exempted as they are prime targets of cloud hacks.
While the online security investment in cloud infrastructure supply by large companies like Google and Microsoft is impressive, cloud computing is a two-way street. Suppose hackers cannot access information from the endpoint of these service providers; in that case, they have to resort to attacking the clients and beneficiaries of such services through cheap endeavors like phishing and malicious software.
8. Artificial Intelligence (AI) Prospects
AI is fast developing and becoming integral to business operations. And with the current position of robotics, face detection, natural language processing, automatic threat detection, law research, etc., it’s safe to say that AI has come to stay.
In light of trends within the cybersecurity realm, AI is projected to be a leading topic because it has been used to create malware to attack data and bypass security protocols that try to shield data from leaks.
On the contrary, AI also powers threat detection systems that can detect potential attacks and indicate once an online security system has been breached.
9. Insider Threats
This involves an employee exposing your data to potential attacks due to human oversight or an intentional act to exploit the company’s resources for financial gain.
There are many ways to detect insider threats, including having a keen eye for observing unusual patterns of computer logins from varying and unexpected locations, patterns of unexplainable significant downloads, and unusual employee behavior.
In 2022, remote working caused a 44% surge in insider threats, so it will be a recurrent trend, at least in the interim.
10. Security as a Service
With information constantly making the rounds about numerous attacks on companies’ data and payment of ransom to ransomware gangs to let go of encrypted data, online security service has recently gained traction.
Many companies now engage cyber security experts to render security as a service customized in line with their peculiar needs.
As the world of Cybersecurity advances, more trends will arise. It helps to be aware of these trends as they could be the key to securing your data from online attacks and new threats created by cybercriminals.
In keeping up with these trends, you may want to seek a professional opinion at some point. If that’s your case, then you’re in luck.
At Security Pro, we can connect you with the best Cybersecurity consultants available in the market; with a guaranteed first-class experience. Awesome, right? We do the research work for you and give you options to choose from on a silver platter.
So what are you waiting for? Book a free consultation with us to get started as soon as possible!