Tuesday, May 28, 2024

Cybersecurity Predictions for 2020 and Beyond

In 2020 Cybersecurity Predictions, Some entities want to commit such attacks for political reasons or to steal sensitive data. Others do it for the love of malicious mischief.

Under the Cybinsolution data reported that there is a cyberattack every 39 seconds, on average, and that such attacks affect one out of every three Americans every year.

It seems likely that such cybercrime trends will continue to be a threat in 2020. New trends in cybersecurity reveal, though, that companies understand the risk.

For every vulnerability that is exposed, creative minds are working to counteract that threat with beefed-up security measures.

Let’s talk about cybersecurity technology trends that are going to be most effective in the coming decade are those that make use of the latest technology.

Cybersecurity Predictions 2020

  • Targeted Ransomware Attacks are Increasing
  • IoT Devices Can Come Under Attack
  • AI-Based Preventative Cybersecurity
  • Data Breaches and Compromised Credentials
  • Supply Chain Attacks

Targeted Ransomware Attacks are Increasing

Any discussion of emerging technologies in cybersecurity has to cover targeted ransomware attacks.

Those behind such campaigns are altering their tactics. They’re leveraging access to organizations available for sale in the cybercrime underworld.

Targeted ransomware attacks require accurate intelligence-gathering before they can commence.

Through such attacks, criminals can garner financial gains and inflict serious damage to the victims.

Current security technologies such as antivirus and antimalware software can help to protect against these attacks.

Known payloads that are the first stage of a ransomware attack must be prevented from launching before they get past a company’s firewall. Also, frequent backups should be made of any vital files. 

IoT Devices Can Come Under Attack

IoT security trends indicate that attacks on these devices are going to increase. As they become more prevalent, the rollout of the 5G network has been occurring.

This combination all but guarantees that more cyberattacks on smart devices are to come. These sorts of cybercrime make sense because of how widespread IoT is going to be.

Through 2018, more than 50% of Internet of Things device manufacturers weren’t able to adequately address threats because of weak authentication practices.

This year, we should see a rapid increase in the number of IoT botnets. Botnets are collections of internet-connected devices that can attack the DYN servers which route internet traffic. 

To combat this, device vendors are implementing new security features. Many of them, though, still do not use security-by-design.

This makes their systems easier to hack, suggesting that work in this area must be done by companies that are heavily invested in IoT.

Cyber security future trends are going to have to take an IoT strategy into account.

AI-Based Preventative Cybersecurity

The adoption of AI improves the early detection of threats and their mitigation.

According to Capgemini, 63% of organizations plan to deploy AI-based solutions in 2020.

Behind this influx is the improvement of network security, but there are other potential applications as well.

Indeed, the major cybersecurity industry players and corporations are going to include AI-powered defense systems, currently used to enhance human activities and automate manual tasks.

In the years to come, their involvement in offensive operations should increase. AI can flag activities that could point to an imminent attack. It can also analyze sensor data for predictive maintenance needs. 

Data Breaches and Compromised Credentials 

When it comes to cyber attack trends for  2019  we saw an unprecedented increase.

According to the Data Breach Report, more than 1,200 data breaches were disclosed last year.

These cyber attack trends often mean credential stuffing. When account credentials are stolen, such as lists of usernames or email addresses and their corresponding passwords.

They’re obtained from past data breaches and are used to access user accounts through large-scale automated login requests.

As this cyber attack might hurt hardly a lot of businesses companies want to prevent this from happening.

They must safeguard their data by educating and training their employees in cybersecurity best practices. They can also secure all their computers while they are not being used.

Supply Chain Attacks

Attackers will try to compromise the supply chain of legitimate software packages by employing malware.

These attacks will aim at software vendors during the development phase and third-party suppliers.

To combat this, companies will need to limit the use of external software. The best way is to avoid using any external software that is not required.

Most of these attacks come from widely-used freeware, so limiting the use of it would be another way to prevent this threat.

Cybersecurity predictions for 2020 seemed to indicate that many companies were going in that direction.

The Growth of DevSecOps Should Continue 

The 40% of enterprises applying DevOps processes will adopt application security self-testing, self-protection, and self-diagnosing technologies.

DevSecOps should continue to grow, as its uses are becoming more evident for many companies.

Adoption of Cloud Security

CyberSecurity trends in network security is another fascinating area to watch. Financial services companies have been accelerating the adoption of cloud technologies as part of digital transformation strategies.

However, this migration from data centers to the cloud can result in increased cybersecurity challenges.

80% of new deals for cloud-based access security brokers will be packaged with network firewalls.

Secure web gateways and web application firewalls are also likely to see more use in 2020.

Passwords Will Remain the Primary Authentication Factor

Biometrics should continue to tread water as a secondary authentication factor.

The base authentication mechanism for most companies should remain the password.

Biometrics might one day make more headway into displacing passwords or passcodes as the primary means of authentication, but that day has not yet come.

As data security state indicates that many companies still prefer “old fashioned” authentication measures.

At the end of 2020, if your Facial ID fails to recognize you for the third or fourth time in a row, it’s likely that you’ll be entering a passcode to unlock your phone and entering your password to unlock your laptop.

The latest trends in cybersecurity must still take into account what works and what doesn’t.

The Latest Security Predictions Point to Nation-State Cybersecurity Funding

A couple of years ago, nation-states engaging in or funding offensive cyber operations were unusual.

However, more are participating in this behavior as time passes. By any rubric, cyber threat trends that are state-sponsored are increasing.

To counteract this Cybersecurity Predictions, countries are strengthening their defensive capabilities. Some are working on offensive strategies.

They’re doing this to complement their military capabilities.

Also, offensive cybersecurity can be utilized as a tool to create economic advantages in the global market.

Computer security is always going to be of interest, but many countries are starting to see the potential of going on the attack.

These cybersecurity predictions and directions for infrastructure improvement should be a focal point for companies to watch out and implement in 2020.

In any event, cybersecurity market trends will be fascinating to watch as a new decade of cyber advancement picks up steam. 


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