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Trends That Will Transform The Cybersecurity Industry Outlook in 2020

In this modern digital world, cybersecurity will remain a hot topic and the top priority for organizations across all kinds of industries because massive amounts of data are created every single day. The responsibility of keeping networks secure, making sure systems remain tough from breaches, and taking a lot of measures to protect data from cyber threats has become even more crucial than ever, as cyber criminals are becoming more daring in their attempts to hack into systems. Many C-level industry experts predict that the following top ten statistics will continue to play a major force in the years to come. Here is what they deemed as the the top ten cybersecurity trends in 2020:

Utilization of Data Across Organizations

Data will remain a key factor in companies with digital transactions and other operations happening in massive amounts on a daily basis. This is something that was on the rise and will continue to rise. The utilization of data being shared across organizations will become the norm rather than the exception, and top most care will be given to make sure these are secured. Some ways include buying software against malware, asking the help of a cybersecurity expert, training staff to find out what threats to keep an eye on and a lot more.

One method to have a better grasp and understanding of data utilization and security across many industries is to apply data analytics on all the data harnessed and stored within the companies data base. Using principles of , data science, along with the concepts of predictive machine learning (ML) models, it would be much easier to protect the data and to make sense of data. The latter is vital because data has to be harnessed by companies so they can improve guided by facts. With many new data science graduates being produced yearly, they will move into security-related positions. The impact of this on the industry is huge as it will spur the spur recognition of how the application of data models on daily operations can result in better, more effective security, which will translate to better business outcomes.

Privacy Remains Paramount with Increase Enforcement

These modern time, data breaches have become more common place with various kinds of attacks like malware infiltration, identity theft, hacking into systems, phishing, financial scams, and many more. Grater accountability shall continue to be a trend for 2020, across the board. This includes small things from teaching young kids, teens, and more demographics to be vigilant in protecting their online identities and securing their digital footprints from never giving their personal information, being aware of phishing or other similar threats, beefing up their password, being cautious of their downloads, and the like.

With data security breaches infiltrating large conglomerates, there will be more accountability also from employees. There will be be bigger expectations from cybersecurity professionals in protecting a company’s data privacy through various security measures and protocols. They will be held responsible for consequences of how they choose to respond to threats, including their security decisions. With cybersecurity methods being improved, and more advancements coming in with each passing day, cybersecurity education and training of stakeholders shall remain a top priority.

Discovering Vulnerabilities Continue to be a Priority

There shall be an increase in CVEs or Common Vulnerabilities and Exposures by about five percent or more in 2020. CVE refers to a catalog of many well-known security threats. Vulnerabilities refer to a mistake in the software code. This provides a would be cyber criminal with direct access to an entire network or system. To illustrate, one vulnerability in the program may allow a cyber thief to pose as a network administrator or regular user who has full access to all the privileges of being a part of that network. This includes scamming people directly.

An exposure is similar, but this time it offers an indirect access to a system or network. This includes errors in software code or configuration that gives a cyber criminal a chance to secretly work his way around a system. For example, an exposure could allow an attacker to gather sensitive client information that could be sold.

Vulnerabilities and exposure refer to property, systems, people, and other elements that are at risk in the hazardous areas of cyber crimes. These factors are subject to the most common pitfalls which also provide the largest potential losses. Understanding the concept of what makes people, systems, and companies vulnerable is the first step towards understanding the many cyber risks, and more importantly, how to mitigate them.

Rise of Security Assessments

Many businesses will now be encourage to beef up their security measure from providing some form of security assessment, paving way for an increase in audit reports that must be distributed to managers so they can make the necessary decisions, , or making sure that there is general cybersecurity awareness across the board and among individuals. The following shall continue to become hot topics in many different kinds of industries: third-party security risks, compliance issues, and measures of cybersecurity standards.

Cyber Warfare Evolves to Become Household Term

In the past, cyber criminals have moved onto include petty crimes that attack homes. This vicious attacks will continue to pose as threats to company infrastructures and even individuals. Thankfully, companies have the funds to improve their cybersecurity protocols to keep and form of threat away. Unfortunately, such funding does not exist with individual personalities. As a result, people will read up more to brush up on their protection techniques. Parents whose children are even more at risk will find measures to educate their children. If the kids are too young, stricter implementation of parental control measures will be put in place.

Improved Threat Detection

There will be a utilization of more high tech tools to improve the detection of threats. This includes automated threat seekers, robotic threat hunters aka robo-hunters, and other high tech deception systems. To illustrate, if faulty information about a certain user is being utilized in an ill-manner, companies will be immediately notified that they have been breached. Then, all the key personnel can instantaneously erase the fraudulent digital identities. With backup and recovery methods in place, reinstating the right version of the user’s digital profile can be easily done.

To fight against the possibility of debilitating cyber breaches, companies will now become secure by design. On top of that, all their defenses will now be intelligence-driven. With the wealth of information present in the digital banks of companies, protecting them from breaches remain the utmost priority.

Companies are Focusing on Cloud Based Security Platforms

This year, cloud-based security providers are beginning to gain traction in the security market. Cloud-based security is appealing to many businesses because like cloud-based services, the platform is easy to deliver, remains flexible, and becomes scalable. Cloud based cybersecurity systems are built with open APIs or application programming interfaces that makes it easier to coordinate with many devices. This makes it easier to manage and control the vast amounts of data that a company generates on a daily basis.

Cloud-based security also paves the way for more automation and better orchestration. Security practitioners will have access to the following: what, how, and when to respond to unusual and atypical connections and cybersecurity incidents. Responses can also be automated easily, which saves on time and effort. With the use of cloud-based security, profitability is increased because threats are mitigated and the cheaper cost of storing everything on the cloud is also an criterion that comes into play.

Business are Designed more Securely

In the past, some companies made cybersecurity as a mere after thought. In the latest trends, these designs have not evolved to become more high tech wit many features that help stay companies in in the forefront. These well designed security protocols are seen mitigating delays and other additional expenses. Top security professionals are being called on to design protection systems to keep the increasing risk of threats at bay. With more businesses acknowledging that the digital arena and online market spaces are not just a fad, they have taken their cyber protection a lot more security.

Cybersecurity is Now Intel-Driven

May predict that that cybersecurity will become even more intelligence-driven this year. In this chaotic world of fast-moving, automated attacks, intelligence is the important key against these vicious cyber crimes. The primary goal is to be able to respond faster and easier to these threats. Predictive responses remain an important buzzword, which is viewed more highly than being just reactive. Moreover, companies overall cyber security options have responded dynamically to the forever changing threat landscape. Machines will play a stellar role in gathering intel, and they will also be capable of executing changes based on this intelligence reports.

Tighter Regulations will Affect Risk

Industries and governments are constantly drafting and implementing new security regulations, procedures, and policies. The pressure of compliance have been set on organizations to be able to comply with these new measures. However, there must be a balance so that these implemented company policies will not interfere with the productivity in the businesses they are supposed to safeguard.

There are many other trends in the cybersecurity industry, but these ten categories remain to be the top ten factors. With date being churned and changes happening on a daily basis, the industry also has to keep up to remain relevant in this modern world. In order to protect people and companies from massive date security breaches, it is vital to follow the systems that the industry has put in place. No one wants to be at the receiving end of an attack at all. When it happens, it is a serious violation of personal space and privacy, which have massive repercussions that affect the many users and the companies.