With the rise of Industry 4.0, Artificial Intelligence (AI) and Internet of Things (IoT), new opportunities have arisen for companies in various areas. Consider, for example, the arrival of robots in the manufacturing industry or smart chatbots to improve the customer experience. However, all these opportunities also involve risks, especially when it comes to security. Below we list the most important cyber security trends and risks for 2020.
Increase in security solutions from the cloud
More and more private individuals and companies are making intensive use of the cloud. From storage services such as Dropbox to complex CRM systems, sensitive data is no longer just stored within your own office walls. With an increasing use of cloud applications, so is the use of cloud-based security solutions. This has both advantages and disadvantages. Think of cost savings through simple upscaling and downscaling, faster compliance with compliance rules and always access to current threat information. However, as companies move more and more workloads to the cloud, it is of greater importance to secure the cloud as a whole. To maintain an unambiguous security policy, it is important that you have a complete overview of all cloud applications that your organisation uses.
Security without passwords is growing
Password protection is one of the biggest targets for cyber criminals. That is why people have been looking for a safe replacement of passwords within the security policy for years. In 2020 we expect more and more testing with other security methods. Think of biometric security, authentication tokens or security based on knowledge. A study predicts that by 2022, 90% of small to medium size businesses will use alternative security.
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Artificial Intelligence makes cyber crime more advanced
Artificial Intelligence (AI) is increasingly used by business. From simple applications to complex algorithms. Cyber criminals also benefit from it, making attacks increasingly sophisticated and complex. Cyber criminals more regularly have AI applications that identify vulnerabilities in security. It is therefore important for companies that every unusual action within the network is immediately visible. Only then will you as an organisation be able to react actively and prevent problems for business operations.
5G could be a potential security risk
The introduction of the 5G network will accelerate the breakthrough of the Internet of Things (IoT). IoT means that almost every object is connected to the internet. IoT is therefore also an important component within Industry 4.0, where the goal is to be able to manage and maintain the entire production process of companies remotely through extensive digitisation. Each individual machine within the production process is connected to the network by means of sensors. This allows companies to work faster and more efficiently, but it also has a downside. The more objects that are connected to the internet, the more possibilities there are for cyber criminals to penetrate the network. In order to optimally secure your network, it is therefore essential that every link in the network is transparent.
Be aware of cyber security risks
With all current technologies, more and more opportunities are emerging for cyber criminals to penetrate networks. The key to safe business operations is therefore to be aware of these risks and have a company strategy when it comes to cyber security. Provide a complete picture of the activities on the network, so that abnormal behavior is quickly recognized and you can react proactively.
Tech-Wales and Cyber Security
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