Top Cybersecurity Trends to Watch That Could Impact Your Business

Cyberattacks no longer remain a question of ‘if’, they now simply become ‘when’. Unfortunately, it’s just a matter of time until your corporate or private information gets hacked.

While conventional antivirus software or firewall is an excellent start to prevent cyberattacks, they may not be enough. 

Large organizations and governments adopted advanced techniques and security systems. Some of them are the newest additions to the cyber force arsenal, while the others–are well-known techniques. 

In this article, we’re breaking down the 5 top trends in cybersecurity that will remain in the next 5 years. Let’s take a look…

Utilizing Artificial Intelligence and Machine Learning For Cybersolutions

Every year, cyberattacks are getting more sophisticated and organized. 

Businesses and organizations are now implementing artificial intelligence and machine learning techniques to tackle modern cyberattacks. 

The world is now shifting towards game-changing AI technologies to forecast cyberattacks and protect the IT infrastructure. Before that, no single technology was proven effective against cyber criminals. The newly developed AI and ML-based methods provide new tools to fight threat actors. These include smart home security systems, self-monitoring surveillance cameras, credit card fraud detection, and many more.  

AI technology is comparatively more efficient and dynamic than conventional security methods, which makes the systems, networks, and devices more secure. At the Beijing Internet Conference, an AI Expert and ex-vice president of tech giants like Apple, Microsoft, and Google, Dr. Kai-Fu Lee, said, “I believe (Artificial Intelligence) is going to change the world more than anything in the history of mankind. More than electricity.”

With this potential, AI will continue to help companies to understand and fight cyberattacks in the next 5 years.

Privacy and Security Concerns In IoT and 5G Networks

IoT (Internet of Things) and 5G are promising technologies that are aimed to make your life easier. Both work side by side to deliver enhanced speed and responsiveness for your wireless networks. 

5G technology was released and made available to users and devices gradually. In the beginning, not all devices supported 5G. Now 5G supports a wide range of devices, including your smart home devices and electric vehicles.

Research showed a need to make 5G-based IoT networks and systems more secure. Currently, VPN (Virtual Private Network) provides a viable solution to protect devices connected to the internet. VPN is an encrypted connection over the Internet from a device to a network. 

A VPN can help you change your location while encrypting your data simultaneously. Here’s a useful guide on how to change VPN location so you can browse securely without revealing your actual location. Using VPN is an effective method to secure your device. It hides your sensitive information from snoopers and allows you to receive and send data using encryption (encoded information).          

Risks and Vulnerabilities In Cloud Computing 

Cloud computing is a relatively new form of technology adopted by IT industries. It involves the use of remote servers for processing and storing data. 

Several famous companies, including Microsoft, Google, and Nvidia, are implementing and providing cloud computing services to store, manage, and process data. However, this recent innovative technology is subjected to several cyber vulnerabilities and threats. 

As cloud services are available to use from anywhere, it can result in cyberattacks due to human negligence. In simple words, sharing passwords can lead to a leak and, as a result–data breach. 

To avoid that, companies are preparing and imposing suitable security policies. This will remain a trend for the next 5 years, if not more. 

Governments Will Develop More Cybersecurity Measures Than Ever

Cybersecurity is not just limited to IT industries, governments all over the world have also shifted to technology. Technology provides new ways for government agencies to work, interact with the audience, and store information. 

At the same time, protecting an extensive network from cyberattacks isn’t a piece of the cake. Managing and securing large networks put tremendous pressure on federal agencies to protect the nation’s precious assets, like personal information. 

Government agencies are preparing and implementing cybersecurity solutions to protect data at every stage of their IT infrastructure. They are allocating a huge budget to improve cybersecurity. 

For instance, some governments established dedicated cybersecurity departments to secure official systems and information. The federal agencies will continue to develop better security policies in the coming years.

Rapidly Growing Ransomware

There can be various motives behind cyberattacks. However, the most common is money in the form of ransom. 

Ransomware is relatively easy to perform and involves the use of malicious software to infect a computer or a network. This type of cyberattack typically seizes the system while making it unusable, and in return, cybercriminals demand ransom to bring back the functionality. 

This isn’t a new form of cyberattack but a growing one. In recent years, we have seen the highest number of malware attacks when almost 10.5 billion ransomware attacks were reported across the globe. There’s no doubt that it’ll continue to grow in the future.

Electric Vehicles Will Be Vulnerable To Cyberattacks

Programmed or electric vehicles are widely used due to fuel-related issues. So far, the automotive industry is using automated software that provides exceptional features and seamless communication with vehicle parts. 

Moreover, self-driving and autonomous cars are making their way into the market. Such vehicles are also Bluetooth, and WiFi enabled. 

It means that your electric car is vulnerable and exposed to cyberattacks. With more use of automated vehicles, cyberattacks will be expected to rise in the coming years. As software mechanisms are pretty complex in automatic cars, it’s essential to have strict cybersecurity solutions to avoid casualties.

The Rise of Mobile Phone Security Threats

Undoubtedly, mobile phones are the most commonly used internet access. This also makes phones a potential prospect for cybercriminals. 

Mobile phones are exposed to cyber threats by connecting to public WiFi networks, switching between apps, or using remote collaboration tools. 

Attacking a mobile phone is also relatively easy. And now, with the emergence of 5G technology, security issues and potential vulnerabilities related to mobile phones are on the rise. 

There isn’t a single method to protect your phone from hackers. IT experts are merging software with hardware-based solutions to develop appropriate security tools for mobile phones.

Final Thoughts

There’s no doubt that cybercrime is one of the fastest-growing threats in the world. While cyberattacks are on the rise, cybersecurity is here to help you protect your personal and business data. 

Cybersecurity experts are now working hard to face the latest cyber threat trends. The trends mentioned in the articles are probably the trends for the next 5 years that we will see.