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Gain 2020 Vision: Cybersecurity Trends to Know

Posted by Julie Wagoner on Mar 12, 2020 7:00:00 AM

With more sophisticated hacking attacks surfacing each day and new compliance regulations to meet, businesses are continually scrambling to keep up when it comes to securing its technology. It can feel near impossible to stay ahead in the cybersecurity game.

The only real way to contend is  by equipping yourself and your customers with knowledge on the latest cybersecurity trends to prepare for and avert malicious attacks. We have identified eight cybersecurity trends, including looming threats and technologies for 2020, that you must pay attention to in the New Year. We encourage you to download our 2020 Cybersecurity Trends Guide for an in-depth look into each of these trends.

  1. The Skills Gap Widens – The shortage of cybersecurity professionals is nearly three million globally with close to half a million in the U.S. alone. 60 percent of those professionals stated their companies are at moderate or extreme risk of cybersecurity attacks as a result of this shortage.[1]

  2. The Potential for Massive Attacks on IoT – With the mainstream adoption of Internet of Things (IoT) and Industrial Internet of Things (IIoT) comes the potential for colossal security breaches—both in terms of size and impact. Businesses must continue to do their part to address new vulnerabilities and ensure these connected devices are secure.

  3. It’s All in Service Providers’ Contracts – Read and understand the contracts of your service providers and delineate security responsibilities up front. Leave no room for misinterpretation.

  4. Dev-Test Environments – Production environments are protected, but what about dev-test and other non-production environments? It will remain imperative to secure all software environments, not just production environments.

  5. Growing Data Privacy Concerns and Regulation – Data continues to be collected from every connected device which raises the question: who owns the data? If an enterprise possesses the data, then the enterprise must be mandated to protect it. The GDPR (and the California Consumer Privacy Act) declared that personal data is essentially the property of the person. In the case of the CCPA, organizations will have to disclose to California customers what personal data has been collected, and then delete and stop selling it if the customer requests. You can expect to see other states follow CCPA’s lead.

  6. AI-Generated Cybersecurity – Attackers are increasingly utilizing AI to mimic people we know, but security companies are also using AI to combat cyberattacks. In fact, 61 percent of enterprises say they cannot detect breach attempts today without the use of AI technologies and 48 percent say their budgets for AI in cybersecurity will increase by an average of 29 percent in FY 2020.[2]

  7. Fighting Back with Cyber Ranges – Companies large and small and higher education institutions are increasingly turning to cyber ranges to help employees and students understand the latest threats and give them the tools and practice necessary to combat them.

  8. The Downstream Suppliers – Organizations are no longer navigating the global economy alone. There are partners, suppliers, and other constituencies to consider—all connected in some way. An attack on you or any one of them puts everybody at risk. Therefore, a holistic approach will be necessary to ensure that all these constituents successfully manage and evade security risks.

(Click image below to download 2020 Cybersecurity Trends Guide)

Cybersecurity Trends Guide Link

If you would like to learn more about emerging cybersecurity trends, visit Tech Data Security’s web site or contact securityservices@techdata.com.


About the Author
Julie Wagoner has 10+ experience in marketing/communications, specifically in social media, content strategy and web. For the past year, she worked in social media for the MGM Grand Resort in Las Vegas but previously she worked for Tech Data/Avnet for over 7 ½ years in various positions including leading the companies social media strategy and managing the Authority Blog.

 

[1] “Cybersecurity Professionals Focus on Developing New Skills as Workforce Gap Widens,” (ISC)² Cybersecurity Workforce Study, 2018.

[2] “Why AI Is The Future Of Cybersecurity,” Forbes.com, 07/14/2019.

Tags: Cybersecurity, Cybersecurity Threats, Cybersecurity Trends to Watch for in 2020, Cybersecurity Trends