Which Trends Will Dominate The Cyber Security Industry In 2019?
Cyber attacks continue to impact businesses negatively on a daily basis. Reputable and big companies continue losing many customers as their brand’s image is ruined through data breaches. In this background, the cybersecurity industry has taken stern measures to ensure that criminal activities are minimized. In 2019, you can expect incredible creativity as the stakeholders try to develop and implement different strategies. This article delves into these details so that you can prepare accordingly.
Why Is Cyber Security Important?
As you will find out at mysql backup stored procedures, some businesses fail to embrace the available cybersecurity measures because they are unaware of the benefits. Outlining them is hence important. Some of the major benefits include:
* It helps companies to eliminate the costs of cyber attacks. Customers lose trust in business and will opt for other products, leading to losses. 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. This is helpful in building a good reputation in the market.
* It helps deal with competitive pressure. Besides helping a business to build a strong brand, the competitors will not access secrets and critical information from the breaches.
Source: https://www.twobirds.com/en/in-focus/cybersecurity
Some of the trends that the cybersecurity industry will embrace in 2019 are:
Use of Two-Factor Authentication
Companies that have never faced data breaches employ this method. It is, therefore, sensible to expect the cybersecurity industry to utilize it in 2019. In the past, people have only been required to provide a username and password to access a site. Cybercriminals find it easy to compromise such log-ins. The two-factor authentication solves the problem by requiring the users to utilize a special code to access information. The approach is not only effective, but it is also cost-effective for businesses.
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 than the world is prepared to deal with the crime. Artificial intelligence and machine learning will help investigators to achieve the perfect results cost-effectively. Specific programs will be developed to ensure that the right information is obtained easily. Also, volumes of data can be analyzed quickly.
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.
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.
Source: https://www.xenonstack.com/blog/devops/blockchain-technology-decentralized-applications/
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 have given that 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 sectors can work together to solve the problem.
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. This 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.
Risk Profiling Will Be Paramount
Every organization will take cybersecurity issues seriously to the end that risk profiling will become a part of every decision made in 2019. They will want 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. 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.
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