With cyber-incidents on the rise, it is more important than ever to be on top of IT security. In this guide, we explore the latest cybersecurity innovations that you need to know about to fully defend yourself against cyber-attacks in 2019.
In the 2018 Hiscox Cyber Readiness report, it was revealed that 73% of companies have not made sufficient preparations in the event that a cyber-attack occurs. By choosing not to institute a cybersecurity policy, you are exposing your organization to a wide variety of threats.
Cybersecurity Trends to Know:
Data Protection & Privacy Regulations
“Putting data protection at the center of digital businesses is key to improving trust and digital growth.” – Steve Woods, Deputy Commissioner of the ICO
GDPR aims to ensure that organizations handle the personal data of EU citizens in a way that is secure, transparent and responsible.
Since the launch of GDPR in 2018, several countries and regions around the world have brought in similar data protection and privacy regulations. In 2020, it would be a smart move to align your own company’s data protection policies with GDPR in the event that similar legislation is introduced into your area in the near future.
Artificial Intelligence & Machine Learning Security Solutions
Cybersecurity pundits predict that 2020 will be the year that AI and ML-based security solutions go mainstream. Potential applications of this technology include advanced threat detection and malware prevention.
By turning to “smart” solutions, organizations could pick up on and respond to cyber-threats as they occur. This will allow them to adopt a proactive rather than a solely reactive cybersecurity stance in an ever-changing threat landscape.
Cloud Security
As an ever-growing number of companies move to the cloud, maintaining cloud security will stay a top priority. In doing this, organizations can stave off cloud account compromises which could lead to data loss and privacy leaks.
Another key element of cloud security that organizations should focus on 2020 is ensuring that all cloud-users are fully informed about cloud protection and hygiene.
Securing the IoT Against Attack
With the total number of Internet of Things (IoT) devices projected to exceed 20.4 billion by 2020, IoT security will become even more important. Currently, IoT devices are quite vulnerable to attack due to a lack of any industry-wide security standards.
As such, owners of IoT devices (e.g. connected cars, smart homes, and virtual assistants) could fall prey to threats such as hijacking, privacy leaks, unsecured devices, and even home intrusion.
Next-Gen Authentication Technology
Did you know that over 85% of cyberattacks are a result of people getting tricked out of their passwords? In 2020, more organizations will move to authentication technologies that offer superior security to password authentication.
One such solution is biometric authentication which involves identifying people through their unique physical characteristics or behaviors (e.g. their face, voice, or fingerprint). Another option is multi-factor authentication which requires users to provide two or more independent credentials in order to verify their identity.
Learn More about 2020 Cybersecurity Trends
“Cybercrime is the greatest threat to every company in the world.” – Ginni Rometty, CEO of IBM
If you are keen to discover more about the latest cybersecurity trends, then we recommend checking out the below infographic from the team at Paradyn. This interesting guide lays out the latest cybersecurity trends, technologies, and innovations that you need to know about in 2020. Scroll down to the infographic below to find out more today.