Network Security in 2019: What Are We going to Be Facing?
The IT landscape is swiftly evolving. The massive quantity of IP devices that are being deployed, each device becoming another potential victim, is proving that networks need to be secured and properly monitored now more than ever.
In 2018 we saw a rise of capitalist cyber-criminals preying on vulnerable networks. Experts like Bill Bozeman from the PSA Security Network stated that cybersecurity is no longer a conversation, but a demand by end users. So what are we facing in 2019 regarding network security?
- Recruiting and retaining qualified security professionals.
- Better cybersecurity regulation
- The increase in insider threats
- The growth of IoT devices. By 2020, the forecast shows 31 billion worldwide.
Newbreed of hacker, leaving firewalls ineffective against advanced hacking techniques.
Network Security Needs an Upgrade
Last year we saw major breaches almost every week. From Marriott Hotel Group suffering a significant data breach to Quora falling prey to cyber criminals, 2018 showed us that cybercriminals are here to stay. When looking at cybersecurity, we see it outpacing regulation.
Cyber enemies are motivated, clever, and agile, whereas regulation is slow and clumsy. This hinders any actual benefit security policies and laws could offer. In addition to upgrading regulations, there is also a demand for more security professionals. There is a global shortage of those with cybersecurity skills, leaving organizations open for attack.
“IT security in 2019 is no longer going to simply be about protecting sensitive data and keeping hackers out of our systems. In this day and age of big data and artificial intelligence—where cooperation on data can lead to enormous business opportunities and scientific and medical breakthroughs—security is also going have to focus on enabling organizations to leverage, collaborate on and monetize their data without being exposed to privacy breaches, giving up their intellectual property or having their data misused. Cybersecurity alone is not going to be enough to secure our most sensitive data or our privacy. Data must be protected and enforced by technology itself, not just by cyber or regulation. The very technology compromising our privacy must itself be leveraged to bring real privacy to this data-driven age”—Rina Shainski, Co-founder and Chairwoman, Duality Technologies
Secure By Design
As connected devices grow in number, we will have to wait to see if the phrase “secure by design” is actually true. Cyberattackers will continue to target consumer devices. Whether it’s IoT devices in children’s toys or smart TVs, ransomware is noted as being a problem for companies of all sizes. To underestimate a hacker’s ability in 2019 is truly a bad idea. More organized than ever and sometimes having their own call centers, attackers just keep getting smarter.
Insurance and New Titles
Cyber risk insurance has been around since 1997, the year Steven Haase wrote the first Internet Security Liability Policy. The cyber risk insurance industry will need to tailor their product to meet the specific needs of their clients as security risks evolve.
Speaking of evolution, in 2019 will we see more CCOs (chief Cybercrime Officer)? Appointing someone over day-to-day operations and making them responsible for preventing breaches is not a bad idea. After the TalkTalk cyber attack of Tiscali, their managing partners suggested creating a CCO position to protect them from future attacks.
Like a game of cat and mouse, there seems to be no end in sight when it comes to the cyber world of predator and prey. There will always need to be constant, continuous improvement in network security, devices, and skilled professionals.
Having your system hardware and software actively monitored by Cloudnexion IT professionals will help to ensure that your business is ready to battle cybersecurity risks in this new year. Contact us at email@example.com for a free network evaluation.