Much like chess, any decent cybersecurity strategy depends heavily on foresight. Yet with two-thirds of business leaders claiming that the risks are increasing, we still have a long way to go to get defenders back on the winning side.
Reactive security measures are no longer enough. Conventional antivirus software is akin to a vaccine in that someone must first get infected with a new strain before a cure for it could be developed. Also, if the antivirus software picks something up, it has already made its way into your network, which is a bad sign.
Additionally, tech is constantly evolving, introducing new risks that hackers are always quick to exploit. Even when software developers find their app’s vulnerabilities and create patches before cybercriminals worm their way in, the latter can reverse-engineer the patches, discover the holes being patched, and victimize those who have yet to apply the provided patches.
In short, vigilance is key to achieving data security, and that includes keeping an eye on the latest cybersecurity developments. Here are some of the most important trends to look out for in the year ahead:
#1. Increasing role of artificial intelligence
Artificial intelligence is the driving force behind the so-called fourth industrial revolution, offering unprecedented opportunities for businesses to boost efficiency by eliminating a host of repetitive manual operations. But while cybersecurity professionals are also using it to proactively hunt for new and unknown threats, hackers are also tapping into its potential to automate large-scale attacks, turning AI into the latest weapon in their arms race. Parallel development of both defensive and offensive capabilities is a growing theme in the world of cybersecurity.
#2. New threats from state-sponsored attackers
Growing political divisions are driving a new theatre of war — one that exists in the digital realm. State-sponsored attackers have already caused widespread disruption in recent years, with one of the biggest examples being the WannaCry ransomware attack which North Korea was allegedly behind. Another major development is the ongoing trade war between the US and China, which has already resulted in Chinese tech giant Huawei undergoing an embargo due to security and privacy concerns.
State-sponsored hackers are also increasingly likely to go after critical economic infrastructures. However, they usually do so by targeting weak points in supply chains, which often includes a multitude of smaller businesses.
#3. Widening cybersecurity skills gap
The lightning speed of technological evolution has already outpaced defenders’ abilities to keep up. As a result, the cybersecurity skills gap continues to widen, with the number of vacancies in the sector expected to reach 3.5 million this year. Smaller businesses are especially less likely to have access to the skills and solutions necessary to protect themselves, making them low-hanging fruit for hackers. Many organizations are overcoming this problem by outsourcing their security operations.
#4. Vehicle hacking and data theft
Any vehicle manufactured in the last few years is a computer on wheels. In-car communication systems are a potential target just like any other, and they’re becoming an increasingly popular target for hackers. Another emerging danger is that these attacks might be able to compromise onboard safety systems. Indeed, that’s one of the many reasons self-driving vehicles still have a long way to go before they become commercially viable.
#5. More advanced attackers targeting IoT
The rise of 5G mobile data networks is both a huge opportunity and a devastating threat. While businesses and consumers alike will enjoy the greatly improved coverage, performance, and bandwidth, it also means an even more rapid proliferation of internet-connected devices. This, in turn, means more potential attack vectors for hackers to exploit. Fortunately, security is a top-level concern governing the rollout of 5G networks, but it might prove difficult for smaller vendors to address.
Founders Technology Group helps keep your business safe from cybercrime with cutting-edge technology and expert guidance. Our security measures and experts are constantly aware of the most recent changes in the cybersecurity landscape, so we can fully protect your business from modern threats. Call us today to find out more.