By Francis Cianfrocca
As we enter a new decade and continue to see the rapid evolution of technology across the globe, it is more important than ever to keep up with the latest trends in cybersecurity.
Data protection regulations, artificial intelligence, cloud security, the Internet of Things, and new kinds of authentication are becoming increasingly prevalent in 2020, calling for a greater focus on risk management and cybersecurity. Read below for details on each of these cybersecurity trends, and what you need to keep in mind in order to keep up.
Data Protection Regulation Goes Global
The European Union’s General Data Protection Regulation (GDPR) will be celebrating its second birthday next month. GDPR regulates how companies protect EU citizens’ personal data, providing a set of guidelines to help make data security practices more organized, transparent, and protected.
More and more, governments outside of the EU are adopting similar regulations, including Australia, Brazil, Canada, Japan, and California. In 2020, you should plan to align your organization’s data protection policies with GDPR as it is likely that similar regulation will eventually be implemented in your area as a part of this growing trend.
Artificial Intelligence and Machine Learning Security Solutions Go Mainstream
Artificial intelligence and machine learning are here and can potentially be used to identify and respond to cybersecurity threats as they occur. According to Cylance Blackberry, a majority of surveyed security professionals are now planning to use artificial intelligence for cybersecurity defense, malware prevention, and advanced threat prevention.
This technology would gather and analyze enough data to facilitate decision-making; allowing it to act predictively, rather than reactively, to security threats. This is certainly a trend to keep an eye on, and is one that has the potential to dramatically change an organization’s reaction to new threats.
Cloud Security Continues to Grow in Importance
Another upcoming trend is the increasing prevalence of cloud technology. As more organizations choose to head to the cloud, cloud security becomes a growing concern. Nearly one third of organizations have potential account compromises, with the biggest risks including customer misconfiguration, mismanaged credentials, and insider theft.
Data loss, leakage must be addressed, and privacy and confidentiality rigorously protected. Now is the time to educate yourself about cloud protection and hygiene for your organization, as this trend will only continue to grow in the coming years.
The Importance of Security for the “Connected Everything” Age
Globally, the number of Internet of Things (IoT) devices is expected to surpass 20.4 billion this year. Along with the increased adoption of IoT, enterprises and consumers both will
experience increased vulnerability.
Many IoT devices are not secure end-to-end, in part due to a lack of any industry-wide security standards. Potential threats include hijacking, privacy leaks, unsecured devices, and even home intrusion, with technology targets including connected cars, smart cities, smart homes, and virtual assistants. Again, keep an eye on movement in this area, including any proposed or adopted security standards to ensure that you remain secure.
The Emergency of Next-Gen Authentication Technology
For years, personal cybersecurity has hinged on one thing: the password. However, we know that passwords can be very problematic: they are easily hackable, and consumers use poor password habits and can be easily tricked into giving them away.
Biometric tech offers a safer, growing alternative. This involves identifying people through their unique physical characteristics of behaviors, like facial, voice, and fingerprint recognition. In 2019, the use of passwords and tokens in medium-risk use cases dropped dramatically due to the introduction of recognition technologies.
Along with that, multi-factor authentication is also becoming more commonplace, as users are required to provide two or more independent credentials in order to verify their identity. Explore options this year for your organization to adopt these new kinds of authentication technology and leave the password in the past where it belongs.
Francis Cianfrocca is CEO at Insight Cyber Group.