Technology is rapidly advancing and transforming the way businesses work. Cloud computing, artificial intelligence (AI), automation, and the Internet of Things (IoT) are all emerging technologies that are giving businesses unprecedented opportunities to generate new value. This value, however, is not guaranteed. Organizations must negotiate a changing cyberthreat landscape as technology advances. In fact, it is anticipated that by 2020, the global cyber threat would have slowed the pace of technological innovation by USD 3 trillion in lost economic value. The most pressing ongoing cyber security concerns are a scarcity of qualified security staff, complex compliance requirements, the constant evolution of cyber attacks, and dangerous insider threats.
With the digital revolution sweeping the globe, all businesses, large and small, corporations, organisations, and even governments are relying on computerised systems to manage their day-to-day operations, making cyber security a top priority to protect data from online attacks and unauthorised access. As news of data breaches, ransomware, and hacking becomes the norm, constant development in technology necessitates a matching shift in cybersecurity practices.
The topic of cyber security, in particular, can be difficult to manage. Many firms' perspectives on cyber security have shifted as a result of the new remote-work-focused environment. Furthermore, many of the latest and future cybersecurity solutions are buried in technical specs and industry jargon while researching them.
Top 10 Cyber Security Trends to Watch For!
1. Integrating Artificial Intelligence and Cyber security
With AI being implemented across all market areas, this technology, together with machine learning, has resulted in significant improvements in cyber security. In the development of automated security systems, natural language processing, facial detection, and autonomous threat detection, AI has played a critical role. It's also being used to create smart malware and attacks to get around the most up-to-date data protection protocols. Artificial intelligence-enabled threat detection systems can predict new assaults and alert administrators to any data breaches immediately.
Artificial Intelligence (AI) will help under-resourced security teams stay ahead of the dangers as cyber attacks become more intense and frequent. AI delivers threat intelligence by evaluating huge amounts of risk data from structured and unstructured resources, lowering the time it takes for the security team to make crucial decisions and respond to the threat.
2. The New Target Is Mobile
In 2019, cyber security trends predict a significant increase (50 per cent) in mobile banking malware or attacks, making our mobile devices a target for hackers. Individuals are more at risk from all of our images, financial transactions, emails, and communications. In 2021, a smartphone virus or malware may attract the attention of cyber security trends.
With increased concerns about data management and security, data privacy is set to become a more major, defined discipline on its own, rather than just a part of compliance requirements. Data privacy affects practically every area of a business as a separate discipline, from co-directing corporate strategy to closely aligning with security, HR, governance, and procurement.
3. The Internet of Things and 5G Networks: A New Era of Technology and Risks
IoT with 5G networks is the next big cyber security trend for 2021. With 5G networks slated to launch globally in 2020, the Internet of Things will usher in a new era of interconnectivity (IoT). This communication across numerous devices exposes them to outside influence, attacks, or an unknown software defect, exposing them to vulnerabilities. Even Google Chrome, the world's most popular browser, was proven to have major problems. 5G design is still relatively new in the market, and it will take a lot of investigation to uncover flaws that will allow the system to be secure against external assault.
Every stage of the 5G network could result in a slew of network assaults that we are unaware of. To prevent data breaches, manufacturers must create sophisticated 5G hardware and software with extreme caution. The internet of things (IoT) refers to all internet-connected products and gadgets that make our life easier. Everything from smart speakers to thermostats (think Nest), watches, doorbells, lightbulbs, water metres, and manufacturing equipment is included in this category, and the list is constantly growing. These gadgets, despite their small size, convey a large amount of data. They also save data that you presumably don't want to give to anyone who can break into your network.
4. Edge of Secure Access Service (SASE)
The coronavirus epidemic has prompted a shift toward remote working, cloud usage, and online collaboration, and this trend is expected to continue. As a result, network security in enterprises is shifting away from LAN-based appliance models and toward cloud-native security service models, such as Secure Access Service Edge (SASE).
By routing the network traffic through a cloud-based security stack, SASE technology allows enterprises to secure their remote workforce and cloud applications.
5. Integration and Automation
Here's the next cyber security trend: as data grows in bulk every day, it's imperative that automation be implemented to provide more sophisticated management over the data. Professionals and engineers are under increasing pressure to produce rapid and effective solutions in today's demanding work environment, making automation more useful than ever.
To design more safe software in every element, security metrics are incorporated within the agile process. Large and complicated web applications are even more difficult to secure, making automation and cyber security a critical notion in the software development process.
6. Threats from Within
One of the most common causes of data breaches is human mistakes. A single bad day or purposeful loophole can bring a whole corporation down, resulting in millions of dollars in stolen data. Verizon's data breach report provides strategic insights into cyber security trends, revealing that workers were directly or indirectly responsible for 34% of all attacks. As a result, be sure to raise awareness among employees to ensure that data is protected in every way possible.
Unauthorized remote access, weak passwords, insecure networks, and the misuse of personal devices have left multinational firms unable to monitor or identify internal threats as a result of the extraordinary shift to remote work. These trends are projected to persist, if not accelerate, in 2021 and beyond.
7. Plans for Long-Distance Remote Working
Many firms hurried to put together emergency work from home strategies when the coronavirus outbreak broke out. There is now a trend toward more permanent work from home or flexible remote work arrangements.
When employees are dispersed across offices, states, and time zones, technology demands in terms of software, hardware, cyber security, and support appear different. Of course, technology is essential for businesses to stay connected, complete tasks, and provide support to their staff. More companies are rethinking their haphazard work from home programmes in favour of building long-term remote workplaces or hybrid remote work plans.
8. Access to a Network with Zero Trust (ZTNA)
Previously, IT departments used Virtual Private Networks (VPNs) to allow distant workers access to the corporate network. VPNs were tragically inadequate when COVID-19 forced practically all staff to work remotely.
Zero-Trust Network Access (ZTNA) has evolved as a more secure method of controlling remote access to certain apps for enterprises.
By 2020, ZTNA will be used to access 80 percent of new digital business apps, and by 2023, 60 percent of businesses will have switched from remote-access VPNs to ZTNA.
9. Detection and Response to Endpoints (EDR)
There are more devices, or endpoints, out in the field away from the office in a work-from-home economy. EDR focuses on securing and safeguarding individual devices deployed over an organization's virtual network, regardless of where they are situated, rather than protecting devices behind a firewall in a physical location.
EDR uses advanced technologies like artificial intelligence and machine learning to monitor the business's devices in real-time for unusual behaviour in order to detect cyber attacks, isolate infected workstations, alert administrators, and remove cyber threats. Before the entire business network is hacked, cyber security specialists may monitor alarms and quarantine individual devices using EDR.
10. MFA (Multi-Factor Authentication)
More businesses are transacting business online, from shopping and banking to acquiring solutions such as phone systems and cyber security services. When accessing information online, MFA adds an extra layer of security by authenticating your identity with a different touchpoint.
You're probably aware of the most common MFA scenario: you input your username and password, and then you must enter an extra code that's normally given through text message or email to your mobile device after your login information has been confirmed. This extra layer of protection helps prevent fraudulent people from gaining access to accounts and private information.
Conclusion
Organizations will be more afraid to stack their security measures in 2021 as a result of these cyber security trends. Organizations are likely to spend more than ever on asset protection this year, with estimates of $100 billion or more.
With infrastructure security playing such an important role in practically every firm today, it would be a wise decision to begin their cyber security education today in order to become specialists in the future. Cyber security specialists who are skilled and experienced are among the highest-paid in the IT business.
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