Are you preparing for 2020? Many of you might be excited for the New Year waiting to incorporate innovations, strategies and insights to grow your business. Also remember, these inventions also bring newer threats that can lead to a considerable loss- both personal and financial.
Your business resolution should be to make your business competent enough to face all the cyberattacks that are likely to surface. Also, make sure you find professionals in cybercrime investigation in India to help you with the downfalls in the future.
We take you to top 5 cybersecurity trends to wait for in 2020
1. A sudden spike in automated attacks
Bots will frequently attack online businesses. Your website, mobile app and APIs are at the highest risk to get attacked by hackers.
You can’t avoid bots, as 57.8% of web traffic comes from online practices by human processes while the rest comes from bots. Bad bots make 21.8% of all web traffic and are expected to increase in 2020.
Bots hugely attack e-commerce companies, and you would be shocked to know that these sites get 30.8% of traffic through bots. Are you bot-ready this year?
2. Hike in cloud transformation
Medium to large-sized enterprises has already started to move their data to the cloud to attain better agility and efficiency. Currently, several businesses are running hybrid and multi-cloud strategy.
Companies need to remain secure and compliant to make cloud transformations work more efficiently.
Cloud migration, if not appropriately secured, can lead to exposure of database, emails, hashed and salted passwords.
3. Businesses won't trust
Companies will start adopting 'zero trust' - a concept introduced in 2010 which means that organisations won't trust anything inside or outside the enterprise network and verify everything adopted by the company in terms of business growth.
The company's security will be at the centre point, and the authorities will make sure that it won't be compromised.
About 71% of security-focused IT decision-makers know about the zero-trust model, 81% of businesses have already implemented it and other 10% are on the verge of bringing it into action, says the 2018 IDG Security Priorities Survey.
We are still in the nascent stage. But, thankfully the numbers will rise in the coming years.
4. Cost of non-compliance and data breaches will increase
According to the University of Maryland, hackers attack every 39 seconds, on an average 2,244 times a day. Now you know why there is an increase in large-scale and well-publicised breaches?
On the contrary, the annual cost of non-compliance to businesses now runs at an average of $14.8 million, which is about a 45% increase since 2011, states the Ponemon Institute.
Businesses will implement corporate security into software development lifecycles (SDLC) and continuous integration-continuous deployment (CICD) to make security more cost-effective and scalable. Such approaches will make compliance more rapid and less expensive.
Rely on a professional organisation performing cybercrime investigators in India!
5. Defence-in-depth frameworks to come into the picture
Advancements in technology will also bring in issues with speed, security, risk and convenience. To mitigate these risks, you need to introduce defence-in-depth frameworks that will help you to buy-down risks.
Over to you!
CLS is a premier organisation in cyberlaw advisory, cybercrime consultancy, cyber law compliance audit, cybersecurity services, cyber forensics services and cyber training. We excel in cybercrime investigation in India for the past 16 years. Rely on us for all your needs.
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