Cybersecurity is like a chessboard where hackers and defenders are looking to checkmate each other. Let's look at some of the top cybersecurity trends enterprises must watch in 2020 and beyond.
FREMONT, CA: Every year, cyber-attacks on business seem to break new ground. In the last years, with threat vectors growing and cybercriminals leveraging new hacking tools and techniques, IT security departments and managers will have their work cut out for them. The field of cybersecurity is enhancing the challenge and will put up a noble fight in 2020.
It is with no surprise that data breaches have become more commonplace as cybercrime becomes big business. A recent survey around 1,200 companies reported that 71 percent of the companies suffered one data breach at some time, 46 percent reporting a breach in the last year. Most of the attacks exploit employees' lack of awareness of phishing and other social engineering tactics, which are designed to steal and take corporate login credentials, giving cybercriminals backdoor access to network infrastructure.
AI and ML will lead the Roles in Cybersecurity
AI and ML are making life easier for cybersecurity professionals who want to scale the data protection efforts. AI is used roughly by 87 percent of US cybersecurity professionals, and 34 percent of security professionals are now completely relying on machine learning, according to a Cisco report. Machine learning algorithms are used to speed up the incident detection and response, identify and communicate risk to the enterprises such as software vulnerabilities and configuration errors. They offer situational awareness for managers to get a holistic view of security status.
Cyber Attack will Increase
One of the big influencers that drive the increase in cyber attacks is the pervasiveness of Internet IoT devices in the enterprise. Ransomware is on the rise as well, with a 300 percent increase in ransomware attacks last year. Cybersecurity Ventures predicts that in the last year, global damages from ransomware will reach over $11 billion, with attacks occurring every 14 seconds
By the end of 2020, the enterprise management can be sure to intensify their focus on data protection, edge device security and phishing and malware attack mitigation by keeping the cybersecurity teams educated and one step ahead of the fraud.
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