Protect your business from cyber-attacks in 2020: The latest trends in cyber security
With the advancement of digital transformation and technologies like IoT, AI, Cloud, etc., the world is more connected than ever. Internet connectivity plays a significant role in our day-to-day tasks ranging from business deals to entertainment. The rise in hacking and data breaches is a concern and often forces one to think about the price we might have to pay for this seamless connectivity with the world? Over the last year, it is believed that hacking occurs every 14 seconds, which means one must be prepared to protect our data and business. Let’s have a look at the trends of cyber security in 2020 and how to overcome it.
1. Cloud-based Security
Most organizations are using cloud storage to perform their daily business and store data and files. As several organizations move towards the cloud, data leakage, data loss, data privacy, and security are growing concerns. Cloud providers are implementing more security protocols, although the organizations must invest in Cloud Access Security Brokers (CASB’s) to ensure data safety.
Emails are the first choice for phishing attacks, although there is a rise in similar attacks through text messages and voice calls. In 2019, the rate of these attacks had increased by 290 percent. It has become one of the sophisticated ways for cyber attackers. Organizations need to implement Continuous Monitoring Systems apart from the standard antispam and antivirus tools to keep a close eye on these attacks.
3. Mobile Devices
The number of mobile users has increased tremendously in recent years, and so has the data. When hackers attack mobile phones, they may steal your personal or business data, credentials, and funds through a mobile app, social media platforms, or emails. We may see an increase in authentication technologies like multi-factor authentication or biometric.
4. 5G and IoT
5G networks are already the buzz of the town. The high-speed mobile networks will eventually make us stay connected to mobile data rather than a WiFi router, making the data more vulnerable to IoT attacks. 5G architecture is complex, and there are chances for hackers to gain access to the network, in turn stealing the data. For security reasons, we believe it would require a combination of traditional methods and the upcoming protocols.
5. AI and Machine Learning
AI advances have helped develop deep learning algorithms making it easy to detect attacks. Most security solutions are based on AI and ML algorithms to identify the attacks timely and reduce human error. Though, the same technology does attract hackers to figure out a weak spot and attack the network.
Want to learn more about cyber attacks and how you can protect your data? We, at Mindtrades, can provide an efficient and effective solution as per your needs.