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Government CIO Outlook | Monday, November 23, 2020
In 2020, businesses will see the exploitation of this augmented attack surface, targeting confidential information even as privacy laws struggle to remain valid. Companies looking to fight the 5G security threats will deviate network configurations and try alternate threat response solutions.
FREMONT, CA: The previous year has been a record-breaker for cybersecurity. With over 4 billion records breached, zero-day malware and system breaches have run faster, and spear-phishing and ransomware proceed to top the tables as the most pertinent threats to organizational information security on a global scale.
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Below are the top considerations in cybersecurity in 2020:
1. 5G Security will Come into Sharper Focus
The 5G market helped lay the basis for the beginning of the fourth generation of the industrial revolution connecting billions of devices. While 5G technology will generate significant opportunities across almost all industry verticals, it will raise threats from those who wish to exploit it for nefarious purposes.
Another consideration is that the 5G network disposition increases an already copious attack surface. In 2020, businesses will see the exploitation of this augmented attack surface, targeting confidential information even as privacy laws struggle to remain valid. Companies looking to fight the 5G security threats will deviate network configurations and try alternate threat response solutions.
2. Growing Rate of Automated Cyber Attacks
Automated cyber-attacks will continue to progress in 2020. Automated attack tools in usage will produce an exponential rise in the volume of data received and processed by cybersecurity teams.
For some time, it has been nearly impossible for an IR organization consisting exclusively of human analysts to keep up with the number of alerts being received daily. With the sum of incoming signals growing, administrations' only practical way to fight back is to employ their own automated security technology. This feature will lead to innovative executions of machine learning technologies integrated into security automation and orchestration tools, which will automatically recognize and arbitrate in cyber-attacks in progress.
3. Supply Chain Attacks Will Deepen
One of the organization's most prominent security mistakes in 2019 overlooks a considerable threat risk, third-party vendors. As firms outsource more of their business responsibilities currently, their risk profile raises in addition to the attack surface. Alongside, most of these third parties have weak cybersecurity processes and programs. In other words, it makes them a rich target for cybercriminals and an easy path to accomplish their goals.
While many enterprises are concerned about insider threats such as malicious employee's activities or accidental insiders, they must not repeat the mistake in 2020 and overlook the big deal, third-party vendors. Given the 78% increase in supply chain attacks in 2018, this will continue to advance as one of the firm's primary exploit vectors.
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