“It takes 20 years to build a reputation and a few minutes of cyber-incident to ruin it.”
- Stephane Nappo
We know how true the quote mentioned above is in this age of digitalisation. Whether you book a cab online or get some delicious food delivered, there is always a risk of your bank account being hacked. In fact, every time you withdraw money from the ATM, your bank operators send a message that notifies you about the withdrawal. The message also provides you with a number that you can call at in case you aren’t the one who made the transaction. It shows that there is always a chance of getting your bank account hacked.
53% of companies found nearly 1000 sensitive files open to every employee. 15% of companies revealed that more than 1 million folders are accessible to every employee. 95% of breached reports come primarily from three industries such as Government, technology and retail. Did you know that there is a hacker attack every 39 seconds?
The demand for stronger cybersecurity technology increases as the pace of security breaches increases with time. In my opinion, things may improve to a great extent owing to the wide range of security technology trends that seem to arrive by 2020. I have narrowed down the high-end trends that you should watch out for in 2020.
- Automation and integration of technology will increase.
Automation uses technology to get things done automatically without the involvement of humans. As per a Ponemon Institute survey, nearly 79% of respondents use 29% of automation tools right now inside their company. The rest are expected to use at least 50% of automation tools by the next year.
Increased automation will decrease the pressure on the cybersecurity team and will increase the effectiveness in data security. Organisations can incorporate security into processes such as DevOps and CI/CD to manage risk while maintaining the quality of development. The Crawler technology pioneered by search engines can identify web assets automatically.
Automated tools can identify online vulnerabilities and reduce the number of false positives. It will not only reduce the time and resource costs but also will improve scalability. Automation will help the security professionals assess all sorts of vulnerabilities based on organisational and technical factors 10X faster.
- The use of AI to defend attacks will increase.
The truth is hackers will not simply attack the AI systems. Instead, they will enrol AI strategies on their own to commit their crimes. Automation systems controlled by AI has the potential to identify unfamiliar vulnerabilities present all over the network or within an organisation. Attackers may use well-written emails and sensible videos and sound to trick targeted people.
Dr. Torsten George, Cybersecurity Evangelist at Centrify, said:
“Threat actors, many of them state-sponsored, will increase their use and sophistication of AI algorithms to analyse organisations.”
Thus, organisations need to use enhanced machine learning methods to manage completely new threats.
Nicko van Someren, Ph.D., and CTO at Absolute Software predicted:
“As enterprises mature in their use and adoption of AI as part of their cybersecurity efforts, prediction and response will correspondingly increase.”
Thus, the advanced AI tools will be able to draw data from multiple sources, including historic local logs, static configuration, global threat landscapes and even contemporaneous streams.
- 5G may pose as a nightmare for cybersecurity experts
Companies like AT&T and Verizon have already rolled out 5G services to major cities in the United States. The world is expected to have full access to this technology by the end of 2020. The insane fast speed of 10GBPS will let multiple devices transfer data exponentially just at the drop of a hat.
“The faster speeds are most likely to present an opportunity for hackers to target more devices and launch severe cyberattacks, experts”, experts say.
Owing to 5G, over 36 billion devices will be connected to the Internet. Say you want to share some sensitive data related to a book report. The unethical hackers will be able to breach the data in no time. In fact, studies have confirmed that the first wave of IoT attacks has already begun back in 2016. With increased speed, we can expect the attacks to only rise by 2020.
Cybersecurity experts need to figure out how to protect cell phones, vehicles, security systems, smart home devices, etc. Software developers may have to fight this increased threat by integrating security patches into devices and releasing electronics only after testing and assuring it fully. 5G data speed is likely to invite attacks such as RFID spoofing, distributed denial of service, malicious scripts and malware.
- Phishing will still be the most serious concern of vulnerability
The threat environment will evolve and phishing will just be one of the most effective attacks in 2020. One in every 99 emails is a phishing attack in 2019. We can expect this number to rise by 2020. Irrespective of the impact of AI, machine learning and other technology, we can’t deny the fact that the number of devices and the amount of data will increase sharply by 2020.
Thus, it is quite normal that the phishing threat is not going away any time soon. Security experts need to be prepared to tackle cases of stolen credentials and identities, distributed malware and cryptojacking. In fact, these attacks are primary sources of income for international cybercrime.
There has to be proper cybersecurity training for all employees and business organisations for effective protection. Also, the cybersecurity experts must provide in-depth security and vulnerability management to prevent the attackers from obtaining confidential details for phishing.
These are the top four security technology trends that all of us must watch out for in 2020. As mentioned earlier, all of them aren’t really good news. However, as long as the cybersecurity experts are working on the threats to tackle the crimes, we don’t have much to worry about. Let’s wait for 2020 to come and see how the experts take care of our online security.