
Top 3 Security Trends to Watch Out For
FREMONT, CA: Personal and corporate privacy continues to erode as cyberattacks and data breaches become more common. The average cost of data breaches for the affected companies is at present nearly $4 million per business. Standing guard while the society is coming to be even more dependent on technology is the $120 billion cybersecurity industry, and it is expected to grow to $300-plus billion by 2024. With the era of AI and IoT, the world stands to benefit from having an internet-connected home, vehicle or a daily schedule to automate further and organize daily lives.
Here are three security trends for the future.
The Growth of “Passwordless” Authentication
Password privacy and protection is a significant security issue plaguing businesses since the dawn of AOL. But recently, a new authentication method has sought to take the replace passwords. Passwordless authentication tools can include hardware tokens or one-time password generators, biometric authentication, and knowledge-based authentication. As passwords are one of the most significant attack points for hacking, it is effortless to see why identification via any other means is top of mind for numerous businesses.
Expansion of Cloud-Based Security
As businesses are moving a lot of technology infrastructure into the cloud, they are witnessing cloud-based security platforms and services are following as well. Cloud computing has significantly transformed over the last two decades and now is continuously used to support critical operations of everyday businesses. From cloud-based data-storage services to an all-in-one CRM clouds, consumers and businesses have grown to be dependent on storing sensitive data in cloud environments.
Advancements in Data Encryption
With cyberattacks becoming more sophisticated over the recent years, a growing number of data-encryption advancements have followed suit. A recent study unearthed that 45 percent of surveyed companies have an encryption strategy, which is applied consistently throughout their enterprise. But when a particular encryption technology or strategy becomes outdated and vulnerable to cyberattacks, all the data can be compromised.
Many encryption advancements help to stay ahead of the security threats. These include leading privacy technologies, ring signature and zero-knowledge proof, and distributed ledger technologies. When these technologies are utilized coupled with one another, is not only full or partial data anonymization achievable, but also data and identity verification is automated.
See also: Top Cloud Security Companies
Featured Vendors
THETA432: Performance, Precision, Efficiency, Visibility - The Key to Incident Response and Answer to the Talent Shortage
EveryCloud Technologies: Delivering Powerful Email Filtering Services" title="Graham O'Reilly, CEO & Co-Founder" style="float:left; margin-right:10px; margin-bottom:20px;" width="60px" height="50px">
EveryCloud Technologies: Delivering Powerful Email Filtering Services
Onepath: A Responsive Info-Security Management Framework – the easier way to dramatically improve your overall info-security posture
Covenant Security Solutions, Inc.: Revolutionary Solutions to Mitigate Security and Compliance Risks
EDITOR'S PICK
Essential Technology Elements Necessary To Enable...
By Leni Kaufman, VP & CIO, Newport News Shipbuilding
Comparative Data Among Physician Peers
By George Evans, CIO, Singing River Health System
Monitoring Technologies Without Human Intervention
By John Kamin, EVP and CIO, Old National Bancorp
Unlocking the Value of Connected Cars
By Elliot Garbus, VP-IoT Solutions Group & GM-Automotive...
Digital Innovation Giving Rise to New Capabilities
By Gregory Morrison, SVP & CIO, Cox Enterprises
Staying Connected to Organizational Priorities is Vital...
By Alberto Ruocco, CIO, American Electric Power
Comprehensible Distribution of Training and Information...
By Sam Lamonica, CIO & VP Information Systems, Rosendin...
The Current Focus is On Comprehensive Solutions
By Sergey Cherkasov, CIO, PhosAgro
Big Data Analytics and Its Impact on the Supply Chain
By Pascal Becotte, MD-Global Supply Chain Practice for the...
Technology's Impact on Field Services
By Stephen Caulfield, Executive Director, Global Field...
Carmax, the Automobile Business with IT at the Core
By Shamim Mohammad, SVP & CIO, CarMax
The CIO's role in rethinking the scope of EPM for...
By Ronald Seymore, Managing Director, Enterprise Performance...
Driving Insurance Agent Productivity with Mobile and Big...
By Brad Bodell, SVP and CIO, CNO Financial Group, Inc.
Transformative Impact On The IT Landscape
By Jim Whitehurst, CEO, Red Hat
Get Ready for an IT Renaissance: Brought to You by Big...
By Clark Golestani, EVP and CIO, Merck
Four Initiatives Driving ECM Innovation
By Scott Craig, Vice President of Product Marketing, Lexmark...
Technology to Leverage and Enable
By Dave Kipe, SVP, Global Operations, Scholastic Inc.
By Meerah Rajavel, CIO, Forcepoint
AI is the New UI-AI + UX + DesignOps
By Amit Bahree, Executive, Global Technology and Innovation,...
Evolving Role of the CIO - Enabling Business Execution...
By Greg Tacchetti, CIO, State Auto Insurance
Read Also
