Cyber-attacks continue to impact businesses negatively on a day-to-day basis, due to which reputable and big companies are continuously losing many customers as its damaging their brand’s image. In this background, the cybersecurity industry has taken stern measures to ensure that criminal activities get minimized. In 2019, you can expect some of the incredible creativity as the stakeholders try to develop and implement different strategies. Let’s explore the article and see what the steps are so you can prepare accordingly.
Why Is Cyber Security Important?
Some businesses fail to embrace the available cybersecurity measures as they are not entirely aware of the benefits. Below are some of the significant benefits which shouldn’t be overlooked:
- It helps companies to eliminate the costs of cyber-attacks like a loss in trust of customers and opting for other products. Apart from this, the cost of remediation is also high.
- It ensures that a business complies with the regulations, and hence reduces the levels of disruptions.
- It is indicative that a business is serious about risk management, which in turns becomes helpful in building a good reputation in a market.
- It helps deal with the competitive pressure. Besides supporting a business to build a strong brand, it will be helpful to avoid situations where competitors get an advantage of accessing secrets and critical information.
1. Use of Two-Factor Authentication
It’s one of the methods which is employed by almost every company. So, it’s sensible to expect the cybersecurity industry to utilize it in this 2019 and onwards as well. In the past, people have only been required to provide username and password to access a site. Nowadays, it’s quite easy for cybercriminals to compromise such log-ins. The two-factor authentication solves the problem by requiring the users to utilize a unique code to log-in. The approach is not only practical, but it is also cost-effective for businesses.
2. Artificial Intelligence and Machine Learning
Identifying the criminals in the cybersecurity industry is one of the best ways of minimizing the attacks. It sends a message to others that the world is prepared to deal with the crime. Artificial intelligence and machine learning will help investigators to achieve the perfect results efficiently. Specific programs will be developed to ensure that the right information is obtained. Also, volumes of data will be analyzed quickly.
3. Focus on Cloud-Based Services
There have been few attacks on cloud-based services in the past. Even so, the few attacks on reputable brands have shown that companies need to take the security issue seriously. The industry is likely to develop incredible solutions in 2019.
4. Application of Blockchain Technology
The security that the blockchain technology offers to the users is alluring. Consumers who have invested in cryptocurrencies such as bitcoin have been thrilled by the fact that the criminals are kept at bay. It is no wonder that many industries are embracing technology for security purposes. The cybersecurity stakeholders will not be left behind in 2019. They will use to ensure that data cannot be tampered with regardless of the techniques and tools used.
5. Collaboration between the Private and Public Sector
There has been a heated debate as to whose responsibility it is to protect companies from cyber-attacks. The private sector often feels helpless after the attacks, as the resources to identify the criminals are unavailable. On the other hand, the government opines that the private sector should take the necessary measures to limit the breaches. There is a chance to finding a way forward in 2019 through discussions on how the two industries can work together to solve the problem.
6. A Shift from Zero-Trust to Digital Trust
In the past, businesses adopted a model in cybersecurity where they viewed everyone in and out of an organization as a potential attacker. Policies were developed with this perspective in mind. While this has had its successes over the years, there have been challenges involved including decreased productivity and motivation amongst workers. It will be solved through the concept of digital trust. Here, everyone is empowered with critical information such as the proper use of devices and how to access or store data safely.
7. Risk Profiling Will Be Paramount
Every organization will take cybersecurity issues seriously; ultimately risk profiling will become a part of every decision made in 2019. They will like to know whether the technologies used will pose risks. Engaging the experts to help in this process will be vital because it will aid companies to find the most cost-effective solutions in their sector.
All in all, the cybersecurity industry will be prepared to deal with attacks and data breaches in 2019. Lastly, businesses must be aware of the available solutions because it aids them in the process of creating a good image and avoiding additional costs of operations.
In today’s fast-moving world, technology & businesses are continuously growing whereas the customers need and expectation too. The establishment of proper security protocols for protecting both is a challenging task. Mentioning the growing number of security breakdowns are going to impact the success of any organization. Now, more than anything, your business’s data security is the top priority
1. Improved Regulations in Cybersecurity
You need to apply continues rules to improve the performance of Cybersecurity in the year 2019.
The practical and speed moving nature of cybersecurity of 2018 is taking a heavy toll by the slow pace regulations which hardly give any benefit. It might even prevent security by building a culture of assent with rules and a false sense of security against hackers who are motivated, intelligent, and keen. As cybersecurity threats in 2018 increased and attack methods are continuously growing, the need for Cybersecurity regulation improvements is essential in 2019 as well.
2. Organization Aims to Secure Information
Around the globe, 90% of the CISOs strive to improve the strategic adjustment between the security of their business processes and organization. Cybersecurity protocols will keep enhancing by focusing on people, methods, and technology while successfully decreasing and curing attacks.
3. Organizations focusing on Cloud-based Security Platforms
The advantage of cloud computing for business is becoming well known, though many companies are still unfamiliar with the different types of cloud computing as per the requirement.
- Infrastructure as a Service (IaaS)
IaaS providers will offer software and hardware features through a virtual online interface. Essential services provided by IaaS providers is data storage, server maintenance, networking, and security features, those will play a crucial role in Cloud-computing.
A real-time example of IaaS is email service online, web hosting, back-up, and data recovery and it’s even economical for small businesses.
- Platform as a Service (PaaS)
PaaS will create an environment, which allows users to build simple to complex business, internet applications, and services. Compared to IaaS, PaaS will provide some additional features like development tools & business intelligence services.
- Software as a Service (SaaS)
Emails, calendars, google documents, sheets, to-do list setting, office tools like Microsoft office 365 all are the example of SaaS services. Generally, SaaS provides all the necessary office work-tools, which leads to increase the efficiency of work and some of them are in frequent use in invoicing and accounting as well.
All these different types of service platforms will provide Cloud-based security for organizations.
4. Consumer Devices will continue to be Attacked by Hackers
Ransomware and WannaCry both are the attacks which impacted all kind of businesses around the globe, giving loss of more than 100 million dollars. These kinds of attacks may repeat, so more effort has to be made for the security of the business.
5. Real Possibility of Cyber-Attacks in the form of AI
Artificial Intelligence (AI) is already becoming twisted with people’s day-to-day lives, so it is a reasonable platform for cybercriminals to explore AI’s potential. Shortly, AI is real possibility that it will be the part of cybersecurity threats.
6. Cloud-based Systems targeted by Cybercriminals
In today’s world, all the businesses are adopting cloud-based infrastructure for better performance and accurate results. It’s one of the main reasons which will lead to an increase in attacks towards cloud-based systems. It’s one of the leading cybersecurity issues of 2019, which will ask for more attention to build strong cloud-based infrastructure maintenance to keep information safe.
7. Internet of Things will continue to be a catch point
IoT in Cyber security. Of course, it brings much support with it, but it will remain to be a significant cause of vulnerability for businesses and customers alike. So, cybersecurity professionals must keep in mind that the IoT is also crucial in cloud-based cybersecurity.
8. AI Driven Cloud-Based Infrastructure
Cybersecurity is becoming a knowledge driven in several organizations around the world, because of implementing AI driven analytics in a cloud-based infrastructure. So, one thing to stay clear about is that the AI will play both critical and negative role for Cloud-based Cybersecurity, means attention will be needed to improve the security protocols.