CIOReview
| | DECEMBER 20199CIOReviewRizwan HafeezOrganization and Information Security professionals must understand major security trends to continue practicing strong planning and execution of security in 2020 and beyondCisco confirmed that cloud data center traffic will represent 95 percent of total data center traffic by 2021. Or to put it another way ­ cloud computing will wipe out data centers altogether over the next 3-4 years.Conclusion:While consumers and businesses are becoming more autonomous and connected, it's opening up more end-points for hackers to exploit vulnerabilities moving ahead. Cybercrime is continuously on a rise year-over-year along with state sponsored hacking activities in all cybersecurity layers. Organization and Information Security professionals must understand major security trends to continue practicing strong planning and execution of security in 2020 and beyond. How these changes will impact the world and businesses, makes human augmentation one of Gartner's top 10 strategic technology trends that will drive significant disruption and opportunity over the next 5 to 10 years within the cybersecurity landscape. Solutions such as installing firewalls, DNS filtering mechanisms and antivirus software are the best tools for preventing attacks.Why Cybersecurity is getting more critical in 2020 and beyond?While the "Internet of Things" (IoT) has allowed individuals and organizations to be more connected, it has opened up a host of security concerns and anxieties for IT and Business Leaders, according to a new report from ForeScout and Forrester. Moreover, lots of IoT device manufactures are smaller firms that lack proper security testing for all different permutations that exist, especially when a consumer uses those devices at their homes, businesses and or public places. By the end of 2020, 200 Billion IoT devices will be in use according to Intel. Per Gartner report, "By 2020, the backup and archiving of personal data will represent the largest area of privacy risk for 70% of organizations, up from 10% in 2018".According to another Gartner report, "By 2020 100% of large enterprises will be asked to report to their board of directors on cybersecurity and technology risks, up from 40% today in 2019"Cybersecurity Ventures predicted that cybercrime will cost the world, $6 trillion annually by 2021, up from $3 trillion in 2015. This represents the greatest transfer of economic wealth in history, risks the incentives for innovation and investment, and will be more profitable than the global trade of all major illegal drugs combined.
< Page 8 | Page 10 >