Network and security solutions are becoming big businesses as attacks are on the rise. Learn about the six cybersecurity trends you should be on the lookout for this year. There was over 46% of ransomware attacks back in 2018. As businesses rise up from the attacks that seem to happen nearly daily, here are some of the cybersecurity trends you should look out for in 2019. Learning about each of these trends can help improve your business’ network performance.
IoT Based Attacks
The market for the Internet of Things (IoT) is on the rise. It’s expected to hit $160 billion by 2020. It seems like every manufacturer has their own smart device. Most of these devices come with vulnerabilities that cybercriminals will use to exploit unsuspecting individuals. The number of smart devices and IoT endpoints outgrow the number of IoT security products that are available.
That means the number of IoT attacks will double in the coming year. A majority of these attacks will stem from SSH password and Telnet. To combat this problem, endpoint security measures should be enforced. You shouldn’t wait for this technology to keep up in order to enforce them.
Supply Chain Attacks
Organization supply chains are the next in line for cyber risk. A Bloomberg report revealed that a Chinese manufacturer used microchips to spy on organizations. This can quickly lead to the loss of trust from your customers.
Amazon and Apple’s supply chains were infiltrated. Organizations that are looking to build up defenses and improve their posture are changing the way they act. They would rather compromise with customers or third-party vendors without the intention of hacking into your IT network.
General Data Protection Regulation
General Data Protection Regulation (GDPR) was enacted in 2018 and was created to update laws that protect the personal information of customers. This means that businesses have to make sure that their cloud computing hardware and data backups are stored within the same geo-location. This calls for increased staff, stricter policies, and more training for businesses. You can increase this stress by moving your data or renting an infrastructure.
Bring Your Own Device
Bring Your Own Device is increasingly becoming a security problem in 2019. There was a 95% growth in mobile security breaches alone in 2017. That doesn’t include the 88% of businesses that have been targeted by ransomware.
Allowing your employees to use their own devices opens you up to new threats. More businesses will be buckling down on BYOD in 2019. They will either enforce policy control or limit the use of personal devices.
Ransomware on the Rise
Ransomware isn’t going away anytime soon. There has been an increase in the number of ransomware attacks in 2019. As the value of Bitcoin continues to decline, ransomware is not as profitable to cybercriminals. Cyber attackers are turning towards other threats such as botnets, malware, and phishing emails, most of which are harder to detect.
Blockchain technology will lead to reduced investment. This will lead to problems with enterprise-grade security solutions. Organizations will have to adopt new technologies or use existing security solutions. This includes the use of off-perimeter cloud security across all of their cloud, internet, and network services.
The Zero Trust Model
By 2019, the zero trust model will continue to evolve. Traditional security solutions failed to deliver control, protection, and visibility of application and user traffic. The zero trust model follows the principle of “seek permission, not forgiveness” when it comes to applications, devices, packets, and users. It doesn’t matter where they come from. As more brands offer zero trust cloud security solutions, more enterprises will use them.
This year should be a better one for you as long as you can make it through the next year without encountering any of these cyber attacks. Businesses that are less prepared are likely to sink, but staying ahead of these trends and staying informed will keep your business afloat well into 2020. If you have any questions or concerns about cybersecurity threats or solutions, don’t ignore them. Reach out to a cybersecurity expert so you can find out how to resolve these issues.