In the modern digital era, everyone has access to the latest technology. People across the globe are benefiting from the advent of technology. Social networking sites are made it simpler for people to get in touch and expand their network. Better machinery has made it convenient for organizations to enhance business operations. However, this digital world has stored everybody’s data on cloud-based folders that are goldmines for fraudsters. From personal information to financial details, everything is available for the scammers. For the same reason, cybercrimes have rapidly increased over the years.
The 2020 has been a rollercoaster for all the industries and cybersecurity has faced some ups and downs as well. Last year, cybersecurity was a big issue for technology as well as the general public sector. It became an essential part of all organizations with millions of new app releases, ransomware, and credit card fraud. The year 2020 has something new for everyone, especially for the cybersecurity sector.
Cybersecurity Trends in 2020
2020 has several trends for the cybersecurity sector. Let’s take a look at some of the most essential ones.
Rise in AI
All markets are benefitting from development in artificial intelligence. Moreover, many industries like verification service providers are utilizing hybrid technology of AI and human intelligence for better outcomes. On the other hand, fraudsters are also developing better strategies to fulfill their malicious intent with the help of artificial intelligence. For both parties, artificial intelligence, machine learning, and human efforts will be enhanced in 2020.
Awareness regarding Cybersecurity
Since everybody is well aware of the increasing cyber crimes, awareness for improved cybersecurity measures continues to grow. Organizations and cybersecurity experts will be more active in creating awareness among people about the threats of the industry. Furthermore, better software to combat rising online crimes will be introduced to the market.
Face Recognition for Enhanced Security
Singapore recently introduced face verification for the Tokyo Olympics and other mega-events in the country. Similarly, other countries and industries will also incorporate face recognition to ensure better security and legitimate customer onboarding. Other biometric authentication methods will also take over the industries.
5G Implementation will Enhance Security
With a better bandwidth speed and accuracy of 5G, companies can store larger volumes of data and more devices can be connected at once. Since data volumes for storing will increase, every industry will store loads of data making it vulnerable to breach. However, 5G will improve security measures for enterprises in 2020. TheWiSpy phone tracker asserting the first place. It is not merely the absolute best phone location tracking application, but it’s also the simplest one to use.
Threats for the Cybersecurity Industry in 2020
With advancing technology, threats are not under control either. The cybersecurity industry will also encounter more threats in 2020 along with better trends. Here are some of these threats.
Increased Threats for Cloud Computing
Cloud-based computing has been a rising trend in different sectors. According to Forbes, 83 percent of the companies will have their workload on a cloud server in 2020. Data is a goldmine for scammers and a cloud environment can serve their purpose very well. Keeping virtual or cloud servers protected with complex passwords is essential. Without complex protection, ransomware and malware attacks will significantly increase.
Different Phishing Attacks
This year, the phishing attacks will not be limited to emails only. Previously, CEO fraud and email attacks were commonly known to people. Today, phishing attacks are targeting social media profiles too. Invalid URLs and fake ads to grab the targets’ attention is increasing. Clicking on a catchy headline might redirect you to a fake page to gain access to all your information.
The year 2020 has brought several changes to life. Every sector is now using digital means of operations and the cybersecurity industry has some different trends and threats to face this year. Implementation of 5G and better artificial intelligence algorithms can improve security measures. On the other hand, fraudsters will also use all the advanced features for their evil plans. In a nutshell, cybersecurity has some betterments but it is also vulnerable to cyber-attacks. Hence, all organizations need a robust system to combat the issues.