Posted on June 15, 2020 at 9:40 AM

Cybersecurity Trends to Look Out For in 2020

Cybercrime is a threat to many businesses, individuals, and countries. Fraudsters hack the computer systems of organizations to get vital information or transfer funds. Cybersecurity involves protecting computer networks and systems from damage or theft of electronic data, software, and hardware. Governments and organizations need to protect their computer systems from hacking. The following are six cybersecurity trends you need to look out for this year.

1. More Weaponized Communication

Technology has enabled us to keep in touch with people from distant countries. It also helps us transfer and receive money through mobile phones. Mobile banking malware witnessed a 50 percent increase in the first half of last year. So, someone can use your mobile phone to get your credentials and payment data. The number of cybercrime cases might increase as the year progresses. They include email, SMS, gaming, and social media attacks.

2. Data Breaches is a Top Cyber Threat

Data breaches are the leading cybersecurity concern. Personal data is in high demand in the black market. So, organizations need to ensure data privacy. The General Data Protection Regulation (GDPR) requires European companies to prevent third parties from breaching data. As a result, more organizations have prioritized improving web application security.

3. IoT Devices Pose Several Risks

Security is a major concern for many companies as they strive to increase their production. The Internet of Things (IoT) is one of the latest technology trends worldwide. Although it has transformed the tech industry, IoT has posed serious security risks including unencrypted personal data, insecure wireless communication, unverified software updates, and hard-coded credentials. Third parties can compromise NAS servers and routers to access sensitive data like call records. Hackers can use automation products to steal personal information.

4. Increased State-sponsored Attacks

Some states sponsor zero-day attacks and DDoS attacks against rival nation-states and dissident voices to steal information or spread fake news. They use this information to influence the economy and politics of other organizations and countries. Thus, governments must end such threats by integrating advanced security technologies.

5. The Cybersecurity Skills Gap

There is an accurate shortage of cybersecurity professionals globally. Many organizations struggle to get a reputable cybercrime expert despite facing many cyber threats. Statistics state that over 60 percent of organizations all over the world have insufficient cybersecurity personnel. Automated security tools like online vulnerability management solutions are in high demand now. Some cybersecurity teams secure several web applications and websites at the same time.

6. Cloud Security Concerns

Data, infrastructure, and business processes are moving to the cloud. But, organizations need to use new enterprise security approaches to protect vital infrastructure and information. Businesses with improperly secured data buckets are susceptible to data breaches as end-users can add unauthorized cloud services. Some businesses are reconsidering their web application security approaches, as manual security management isn’t workable for vast web application infrastructures.

Cybersecurity is essential to companies and governments. It helps them protect crucial information from hackers. New cybersecurity trends emerge each year. IoT Devices pose various Risks, More Weaponized Communication, Data Breaches is a Top Cyber Threat, Cloud Security Concerns, Increased State-Sponsored Attacks and The Cybersecurity Skills Gap are the latest cybersecurity trends you should look out for.