6 Cyber Security Predictions for 2020

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Negosentro.comAs the 21st century is progressing, technology is expanding at a brisker pace than ever. The world is increasingly affected at a macro level due to the latest developments in the fields of technology. And as technology grows, so does the tricks to fool it. Cybersecurity is likely to remain a focal point within public imagination in 2020, and global brands are fighting back with products like Identity Guard Review to keep a check on the incidents of identity theft and other cybercrimes. Here are some predictions on the directions that cybersecurity may take in the years to come. 

  • Fewer Ransomware Attacks

Hackers hold access to vital computer programs hostage by blocking them for a ransom. When such ransomware attacks occur, they can cause tremendous financial blows to companies whose work may end up ceasing. However, these are predicted to become rarer in 2020. Hackers will likelier target the areas that are more certain to get them more money. Only 4% of businesses were said to be hurt in 2018 by ransomware attacks.  

  • Prevalence of Two-Factor Authentication

Two-Factor Authentication is a system that requires the user to add a secondary form of identification, such as a verification code received on your cell phone or a security question before they can access the concerned system. Companies like Google and Facebook are providing this additional layer of computer security, and now many others are joining in making it compulsory. It can become a simple but effective means of further protecting one’s accounts online.

  • The Growth of Artificial Intelligence

Artificial Intelligence technology is growing by leaps and bounds. Experts predict that it will take over many functions of cybersecurity in the years to come. Companies will invest more significant amounts in Artificial Intelligence security. Artificial Intelligence can automatically notice and counter any viruses or hacking attempts that could prove dangerous. Artificial Intelligence can also detect gaps within its system by running tests. These tests involving it attempting to essentially hack the system itself and then can work to improve those deficiencies. On the other hand, however, Artificial Intelligence can also be used by hackers to penetrate computer systems and find gaps within cybersecurity systems.

  • Greater Security Expenditure

As businesses move more and more of their business online and as hackers become increasingly proficient, the financial resources spent on cybersecurity will skyrocket. Data breaches and hacking can cause significant economic losses as well as destroy the reputation of an organization with its customers. It increased to 124 billion US dollars in 2019 and is likely to keep growing in the times to come.

  • The Danger of Cyberwarfare

The world’s major powers have been investing in a new form of warfare: one that takes place in cyberspace. Governments are increasingly initiating cyber-attacks against other states to weaken their infrastructures or obtain vital state secrets. Experts fear that cyberattacks could become very damaging or even lethal, such as interrupting power supply, damaging public transport and air travel schedules or manipulating electoral processes. 

  • Increased cloud-based network protection

Cybersecurity experts predict that 80% of all Cloud-Based Access Security Brokers (CASBs) will come with firewalls and will be able to secure web gateway platforms like never before.

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