According to Forcepoint’s Cybersecurity Predictions Report, connected systems put critical data and intellectual property at a security risk. The report suggested that there exist seven significant areas of cybersecurity risk after examining technology trends and motivation behind cyberattacks for 2019. The report also stated that businesses could expect a number of advanced cybersecurity technologies to be introduced to the market and offer new options for protection. According to Raffael Marty, VP Corporate Strategy of Forcepoint, the cybersecurity industry and expand efforts in the never-ending cycle of the breach, react, and circumvent, had never resulted in a positive outcome. Cybersecurity professionals and business leaders have to adapt to changes based on risks represented.
Industrial IoT disturbances can interrupt the projects. Attacks on IoT consumers can happen at any level in manufacturing, and it becomes a threat to many industries. Meltdown and Spectre have given way to attackers who can target hardware, and cloud infrastructure would be the next.
There may be of a chance of data theft or occurrence of errors in the project. Several cases were found in the court like the incident that happened at Tesla—where an employee tweaked the internal product code and forwarded the company details without prior authorization.
Counterfeit reflection: When an attack happens, “SIM Swaps” specify the effectiveness of two-factor authentication (2FA). Biometrics is an added advantage that provides security for the data, and the end-user can access the relevant data.
A collision course to cyber cold war: Trust has been lost among the world powers as businesses are leading with updating technologies. They try to buy the latest technologies to improve productivity by providing better services. While analyzing the trust amongst world powers, there may rise a question regarding the capability of organizations to safeguard intellectual property from the hands of nation-state sponsored hackers.
Drive to the edge: Consumers feel that their data is not secured leading to the organizations inventing new technologies to provide services that meet the evolving customer requirements. Edge computing offers customers with benefits like controlling of data, the trust of securing of data.
Cybersecurity cultures that don’t adapt will fail. Introduction of security trust ratings will show how to make the partners independent to supply the services. Partnership without due diligence can't take place for the cybersecurity programs as it will otherwise lead to project failure.