7 Cybersecurity trends to watch out

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Knowing cybersecurity trends will allow individuals to understand the common types of cybercrime and take action against them.

We have discussed a lot about risk-based authentication on G2 Crowd before, especially regarding its evolution into the all-encircling field of security practices with zero trust.

Arguably, 2022’s disastrous ransomware variants brought mainstream focus to cybersecurity. From the idea of banking scams and businesses that depended on crucial systems with real-world physical consequences.

There was a massive earthquake in the corporate world of a number of high-profile data breaches and ransomware attacks in 2023.

Estimations of the quantity of data stolen by cybercriminals could increase by as much as 175% over the next five years.

New Cybersecurity Trends that you need to watch out for in 2024

Take a complete inventory

A study conducted by Ponemon last year found that 97% of security personnel agreed that cyberattacks occurring from an insecure device could be chaos for their company.

Just 15% had an inventory of the IoT devices that are connected to their systems, and very few of them had a security protocol that allowed them to disconnect devices.

Privacy with increased enforcement

As data breaches are becoming more common “accountability” will be a trend in 2024.

Accountability “What is that? It means grabbing those who lose PII responsibilities for the consequences and risks of their decision of securities.

GDPR will help privacy enforcement in the European Union, the US state will also move in the same direction.

Move to cloud

Every organization shifting their workloads into the cloud as their own on-premises systems are near to death and they’re looking to move with the latest technology and tools available in the market. Cloud integration is one of the top cybersecurity trends.

Cybersecurity is becoming intelligence-driven

In 2019, cybersecurity will become more intelligence-driven. In this dynamic world, where technology is growing rapidly, intelligence is the only key to be able to respond quickly or predictively, rather than responsive, to individual threats.

Machine learning will play a critical role in gathering intelligence. Moreover, decision making and executing changes will be taken care of by machines themselves to minimize an organization’s cyber-risk, which is based on intelligence.

Operationalizing GDPR

European Union’s (EU) General Data Protection Regulation (GDPR) requires businesses operating in the EU to protect the personal data and privacy of European citizens.

The non-compliance penalties are high, and the GDPR takes a holistic view of what constitutes personal data, thus making this a potentially arduous duty.

Commercial espionage and political warfare

Although most developed countries already have laws against cyber-attacks, the Internet is a global network. Governments are observing cyber defense as a key element to their military capabilities.

Commercial organizations need to be conscious about their digital assets being protected from competitors, especially those organizations operating from countries that have weak security and data protection laws.

Operational technology and critical infrastructure security

Infrastructure installations in large industries now depend on the Internet for monitoring and remote management.

On the other hand, we’ve seen that cardiac pacemakers embedded in patients require software updates to fix security vulnerabilities.

This trend will continue, and we’ll see an increase in the utilization of technologies that can identify security flaws and attacks.

Internet of Things (IOT) devices will be targeted continuously because of their low level of security, and we’re most likely to see some more compelling infrastructure security incidents in the coming year.

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