What to Expect in Cybersecurity for 2019
Security professionals are tasked with the mitigating risks that are evolving faster than ever before. As per the list of damaging breaches the stakes are very high. This organizational struggle isn’t new, but when looking at 2019, it’s important to remember that whatever trends proliferate, leaders cannot overlook the security and risk management play in the overall strategy. Offensive and defensive tactics are changing, though predicting what will happen in future is a difficult task, what’s most valuable to safeguard against threat is the holistic strategy that focuses on tactics, not on tools, and that supports growth and maturity of the security program.
Effective Automation will get beyond One-Size-Fits-All
Automation is considered as a boon for the cybersecurity industry. The ability to automatically recognize and identify any suspicious activity has freed up an invaluable amount of large time, and has drastically reduced the number of false positives. Machine learning has made this process more effective and time saving.
But automation is nothing without human intelligence and expertise. This year will see an increase in the promotion of one-size-fits-all solutions that uses both automation and machine learning. It requires an expert security analyst to identify whether an event poses a threat. Even full AI will not be able replace human expertise in the foreseeable future.
Along with the benefits of automation comes the risk: the cat and mouse of cybersecurity is never-ending and the power of AI-related technologies is immensely utilized by the adversaries and vendors. Automation has led to increase in attack number and is making hacking accessible for non-technical people through automated technical tools.
Unauthorized Crypto-mining a Growing Epidemic
Crypto-mining or jacking refers to the software program and malware components that are used to take over a computer’s resources and use them for cryptocurrency mining without a user’s explicit permission. But while the costs to business appear small when compared to business ransomware attacks, and still they lose productivity. If you are the victim of crypto-jacking, then a threat actor has already comprised your network.
Cybercriminals have generally turned to crypto-mining malware as a way to harness the processing of a large number of computers, software, smartphones and generate revenue from cryptocurrency mining.
Connected Devices and a Growing need of Standardization
As of last year, there has been 8 billion connected devices in the world with Gartner estimating that IoT devices will grow up to 2020. Threat actors have a large surface than ever before and is still expected to expand. But the IoT device companies, are not giving much consideration towards security. Additionally, a lack of globally agreed IoT security standards makes life harder for security professionals. A set of globally set of standards would give experts and ordinary security professionals a good grasp on how to secure their IoT devices. But connected devices are not the only challenge when it comes to security standards. Without standard industry regulations, government is enforcing data privacy regulations as the growing challenge for all. As consumer concerns about data use, such as GDPR will continue to grow across globe. The compliance landscape will continue to grow and evolve but it will also be risk based carrying out risk assessments for organizations.
Where do we go From Here?
No prediction is guaranteed, but what do we know for sure is that cybersecurity will continue to pose threats to individuals and organizations alike. While the coming trends we see can help us to share our response plan and make” quick fixes” for the organization that can help them to make their organization be safe from the ransomware attacks and with a continued focus on security program.
Threat modelling plays an important role for security- collaborating with decision key makers and influencers across the organization. All this helps in identifying the threat and security risks that are most likely to impact your business. You should continuously update your data flows, threat scenarios, vulnerability assessments and risk assessments to remain proactive. For this you can contact TechNEXA Technologies, our experts can help you to be proactive and make your organization safe from all threats.