The growing cybersecurity threat is alarming, and it’s a struggle we’re not yet prepared for. In the last year, we’ve witnessed an increase in worldwide internet users, followed by an even greater increase in online cyberattacks. Even the simplest search related to the topic of “Watch any channel in Australia” can result in data theft and cyber-attacks. Security measures must be stronger than ever as enterprises, industries, and individuals embrace the digital era.
We’ve witnessed hacks on bank databases, personal information exploitation, ransomware, and much more, even with top-notch cybersecurity tools. However, this does not prevent cybersecurity technologies from improving. As I previously stated, this is a continuing struggle, and while we cannot imagine a perfect world in which all data and information is secure, we can see some moves in the right direction.
With a new year approaching in a few months, we have yet to see the dawn of cybersecurity. Here are eight future cybersecurity forecasts that might either soothe or agitate you. Let’s get going:
Over 75% of the world’s personal information will be governed by modern privacy laws by 2023
Consumer privacy is at the heart of the cybersecurity world. The General Data Protection Regulation (GDPR) of the European Union was the first to enact such legislation. The General Personal Data Protection Law (LGPD) of Brazil and the California Consumer Privacy Act followed (CCPA). They recommended that enterprises and websites handle data collecting in accordance with their legal jurisdiction. They also urged that businesses disclose what personal information is gathered and how it is used.
We’ve seen this at a lesser scale where you can see the merchants who will receive access to your site surfing information if you open a site and see the pop-up for ‘allow cookies.’ This new privacy regulation may give people with transparency, which will lead to increased confidence in the company. New legislation is being submitted and worked on right now.
Implementations of cybersecurity mesh architecture will reduce security incidents by 90% by 2024
The cybersecurity mesh tool’s innovative technology expands the scope of identification and provides a fresh perspective on security. The technologies have undergone extensive testing and have been shown to decrease cyberattacks and malicious assaults. More testing are underway, and improvements are being rolled out to provide users a better surfing experience.
30% of organizations will use Cloud-delivered Secure Web Gateway (SWG), Zero Trust Network Access (ZTNA), Cloud Access Security Brokers (CASB), and Firewall as a Service (FwaaS) capabilities by 2024
To comprehend them, we must break them down into simple terms.
The Cloud Access Security Broker (CASB) is a facilitator that assists businesses in the development of cloud-based systems by recommending security measures and procedures. The term ‘broker’ is crucial to comprehending CASB.
Secure Web Gateways (SWG) are meant to monitor websites in order to provide increased network security. It examines the website’s policies and information in depth to assess whether or not it is safe to surf or provide authorization to the site.
Firewall as a Server (FwaaS) is a service that adds an extra layer of security to your current firewall configuration.
Zero Trust Network Access (ZTNA) is a service that surrounds an application with a logical or context-based border.
These features will be deployed by 2024, so you’re in good hands.
60% of organizations will assess third-party transactions and business engagements using cybersecurity risk
As a technique of screening prospects, venture capitalists and investors examine an enterprise’s cybersecurity risk. Security ratings and surveys are used to assess them. Users enjoy enhanced protection during third-party transactions and interactions, resulting in a more secure investment.
By the end of 2025, 30% of states will pass laws on regulating ransomware payments, fines, and negotiation
This figure is now 1% in 2021, but it is gradually increasing. Ransomware is a significant danger to user security, and this international approach will aid in prevention and defence.
40% of boards of directors will have a dedicated cybersecurity wing governed by a qualified board member by 2025
It is past time for organisational leaders to establish a distinct security section. Having a cybersecurity wing that is on the job every day, rather than an IT man, helps to restore client confidence in the company.
70% of CEOs will mandate a culture to survive coincident cyber threats, civil unrest, and political instabilities by 2025
Companies will now bring to market items that have been extensively tested on a cybercrime scale. This can assist startups secure their position in the eyes of customers.
Threat actors will have a weaponized technology environment that will cause human casualties by 2025
These risks have the potential to harm not just online security and protection, but also the enterprise. If consumers see data loss, they are likely to protest the firm, which might result in litigation, management changes, physical threats, and other actions.
Conclusion
These prophecies might be seen as foreshadowing or revenge from the digital world. The importance of the internet world cannot be overstated, which is why we must prepare for the future by making these predictions and arming ourselves.
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