New-age technologies are changing the cybersecurity landscape. They offer better protection against data hacking attempts, malware attacks, and other threats.
Cybersecurity threats are increasing due to an ever-expanding range of data usage across different industries. Hackers are continually trying to penetrate networks and systems. In response agencies are doing all they can to keep up with these attempts. We have listed below the key changes that will shape the industry and help it to effectively combat the threat from data theft.
1) Artificial Intelligence, (AI), and Machine Learning: Combining AI and ML can help to strengthen cybersecurity for businesses across industries and business sectors. While AI can help identify unusual usage patterns, ML can be used to teach machines how to imbibe those patterns to protect against hackers and malware attempts. Combining these two technologies can make it easier for organizations to combat cyber threats.
2) Mobile Hacking Mobile hacking is a growing trend that mobile devices have become a primary replacement for laptops, tablets and computers. There are tons of sensitive information stored on mobile phones. This makes them top of the list for scammers. With this in mind, cyber agencies are now focusing their efforts on mobile security solutions and we can certainly expect important developments in the area of mobile security in coming months.
3) Distributed Cloud Technology: Cloud storage became very popular with a wide range of companies from a variety of industries. Cloud storage can be outsourced to big data companies by firms, which saves significant resources for the other stakeholders. But, over time, cloud storage systems that are centralized have been exposed to more vulnerabilities. Data hackers have made these centralized storage systems a convenient target. As a result, companies have concentrated their efforts on creating distributed cloud storage technology. It is a way to significantly reduce hacking risk by spreading cloud storage over different locations around the world. This scenario ensures that even if one storage device is hacked it doesn't affect other ones and they remain safe and secure. Technology is rapidly catching up to the industry players. The likes of Google and Amazon are moving at a rapid pace to excel in technology of distributed cloud storage system technology.
4) Targeted Ransomware Attacks. Many tech-aficionados are lured by the prospect of fast money and so they resort to ransomware hacking. Experts noticed that the attacks are now more targeted and have seen a lot of them choosing to target IT, healthcare, and large corporations. Ransomware attacks can be particularly damaging to the healthcare sector. This is evident in the WannaCry ransomware attack that hit the UK's National Health Service (NHS), in which the entire healthcare system was crippled. This comprehensive transformation is required to ensure that targeted attacks are prevented. While this will require significant investments from the stakeholders, every penny spent to strengthen the IT infrastructure for companies is worthwhile.
5) Country-Backed Cyberattacks. To establish their strategic dominance, countries around the globe are increasingly conducting cyberattacks against rivals. Cyberattacks are becoming a more prominent strategic tool for governments due to rising geopolitical tensions. Cyberattacks are expected to increase in number and intensity in the year 2022.
6) 5G Technology roll out. Experts warn that the launch of 5G technology will increase the risk of cyberattacks on users. IoT devices, which interact with different gears, will be vulnerable to hacking attempts. Attackers can also exploit the technology's loopholes due to its emerging nature once commercial applications are fully live.
Cyber threats' nature and tactics have changed dramatically over the last few years. These attacks are more targeted and swifter, as well as concentrated in the geographic areas they occur. This means that all stakeholders in the IT industry must unite to fight the new-age hackers' evil designs. It is essential that all stakeholders work together to find innovative ways to combat cyber threats. It is also crucial that policymakers play a role in helping the industry to foster innovation and bring new solutions to market faster and more efficiently.
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