As the digital world grows bigger and ever more connected, it becomes increasingly difficult and complex to keep information secure. Businesses are fighting to prevent malicious attacks in every part of their digital estate, while failure to get cybersecurity right can leave organisations of every size unable to secure the trust of consumers and clients. Cybercrime magazine estimates that the cost of cybercrime will hit $6 trillion annually by 2021. This means that security experts must not only understand the risks they face today but prepare for the evolving attacks of tomorrow.
We take a look at 5 key trends in cybersecurity as we move into 2020, below.
Security Solutions are Combining in SOAR
The security threats being levelled at businesses are simply too complex and too numerous to allow a human response to every breach. SOAR or Security Orchestration, Automation and Response combines a number of smart solutions to monitor threats and respond effectively to low-level breaches. This blending of technologies helps organisations to respond quickly to threats while automating key operations. The term SOAR was coined by market research firm Gartner and they predict that, by 2022, 30% of security teams with 5 or more analysts will use SOAR, up from 5% today.
Cybersecurity Continues to be a Key Priority
Cybersecurity isn’t something that organisations can afford to ignore. As the threats become more sophisticated and the risks more pronounced, businesses are increasingly focused on keeping their data safe. Research from ComputerWeekly.com found that Cybersecurity and Risk Management (32%) were second in priority only to IT Automation (33%) for IT decision-makers across Europe, the Middle East, and Africa.
Apps are Under Attack
Apps are an essential tool for brands around the globe, and it’s making them a tempting target for cyber attackers. NTT Security’s 2019 Global Threat Intelligence Report found that application-specific and web-application attacks made up 32% of all hostile online activity. Developers can’t afford to overlook app security as we move into a new decade. This means regularly reviewing app security hygiene and releasing appropriate patches.
Demand for CyberSecurity Experts is Outstripping Demand
With the explosion of activity and risk in cybersecurity, it’s little wonder that experts are in demand. Cybersecurity professionals are some of the highest-paid IT professionals and it can be difficult for organisations to connect with and secure the right talent. Cybersecurity Ventures predict that by 2021 there will be 3.5 million unfilled cybersecurity jobs.
Small Businesses are at Risk
Cyber attacks aren’t confined to large global organisations. They can happen to businesses of every size, anywhere in the world. Research from Verizon found that 43% of breach victims are small businesses. This means that everyone must take steps to protect their business from cyber threats at every stage in their organisational journey.
Looking to strengthen your cyber defences in 2020? Our consultants sit at the centre of a vibrant network of tech professionals and we specialise in sourcing hard-to-find talent. Meanwhile, if you’re looking to take the next step in your security career, we can help you to find the organisation where you can grow your skills. Get in touch with our friendly team to find out more.