Cybersecurity in enterprises is at a tipping point, the large amount of cyber-attacks, breaches and threats have escalated the need to act swiftly and with precision before it’s late. The threats keep rising day by day, for instance, the rapid growth in malware, ransomware, DDoS and social engineering attacks have already created many challenges for businesses.
Last year’s PwC CEO survey revealed that about 63% of global CEOs were concerned about cyber threats that have adversely affected their organization’s growth predictions.
How do enterprises protect themselves in a progressively connected world?
Cybersecurity is the core challenge when it comes to risk management – People, Process and Technology. The last category (Technology) offers very stimulating and useful tools to survive in the cyber ecosystem. Nothing is entirely unhackable, but there are some emerging technologies that can help enterprises navigate the progressively more malicious cyber threat landscape. Some of these cutting-edge technologies are;
- Artificial Intelligence
- Internet of Things
- Big Data
1. Artificial Intelligence
Artificial Intelligence has become the foremost focus of cybersecurity as a solution. One of the most important reasons to use AI for cybersecurity is the potential of Natural Language Processing (NLP). Systems that are powered by AI can automatically collect data by scanning news, articles, and studies on cyber threats. These kinds of AI systems use NLP for selecting valuable information from the scanned data that provide insights indicating cyber-attacks, mitigation, anomalies based on which they create prevention strategies.
Alternatively, AI will help enterprises create a real-time, dynamic and global authenticated framework and system that adjusts the access rights based on location or network. This will also have a Multi-factor authentication to prevent cyber threats. Not only this, the intelligent systems will monitor user information to analyze user behavior, device usage, network activities, location and application data. Using such information, the system will change any user’s access rights automatically to ensure the data is secure on remote networks.
Blockchain technology is labeled as a peer to peer network with a shared, distributed ledger which records all data transactions across multiple networks. The core benefit of using Blockchain is people can make secure transactions onto a Blockchain irrespective of the industry. Blockchain technology can prevent a variety of data breaches, cyberattacks, identity thefts and treachery in transactions. Blockchain ensures that the data remains private and secure in all the blocks it creates to maintain transparency.
A recent example of using Blockchain technology is NASA who decided to implement Blockchain to increase their cybersecurity, avoid denial of service and other attacks on air traffic services.
Here are some advantages of Blockchain that helps enterprises in cybersecurity –
- Safeguarded Edge Computing with Authentication
- Cutting-edge Privacy and Data Integrity
- Protected Private Messaging
- Improved Public Key Infrastructure (PKI)
- Reduced distributed denial-of-service (DDoS) attacks
3. Internet of Things (IoT)
Privacy is a serious concern for all the applications, IoT connected devices or systems where people share their information. Even though users take safety measures to secure their information, there are terms and conditions that are beyond their control. Hackers can also craft attacks with supreme sophistication and link information not only from public networks, but also from various connected sources such as smartphones, home automation systems, cars and even refrigerators.
In this quickly developing world, as all things are connected to the Internet, the possibilities of cyberattacks too are rapidly expanding. HP Study reveals 70% of the most commonly used Internet of Things (IoT) devices hold vulnerabilities, including password security, encryption and a general lack of granular user access permissions. There is undeniable indication that the dependency on this interconnected technology is overpowering our ability to secure it. On the bright side, there are still ways to prevent and protect enterprises from these cyberthreats.
Let’s walk through the top security steps…
- Secure Web interface
- Adequate authentication or authorization
- Secure network services
- Adequate transport encryption
- Secure Cloud interface
- Secure mobile interface
- Adequate security configuration
- Secure software or firmware
- Strong physical security
4. Big Data
Many people think that Big Data is a threat whereas others term it as the savior. Big Data can store huge amounts of data to help analysts inspect, observe and detect anomalies in the network. The security related details fetched from Big Data saves the time needed to detect and solve an issue.
MeriTalk’s new U.S. government survey results indicate that 81% of Feds say their agency is using big data analytics for cybersecurity in some capacity – 53% are using it as a part of their overall cybersecurity strategy and 28% are using it in a limited capacity
Using Real-time Analytics and Predictive Analytics cyber analysts predict and dodge the potentials of interruption and measure network vulnerabilities and risks. This makes Real-time Analytics and Predictive Analytics an excellent idea to help escape cybercrimes.
Cyberattacks and cybercrimes have prompted the world to come up with innovative ways to combat these forces. Other emerging technologies as a part of the upcoming cybersecurity toolkit are taking center stage such as Edge Computing, Quantum-computing, hypervisors, anti-malware detection systems, etc.
Cygnet Infotech provides cybersecurity using emerging technologies leveraging the experience of expert leaders in the field. Get in touch with emerging technology experts at Cygnet Infotech at +1-609-245-0971 or firstname.lastname@example.org to help you maximize security, revenue, and productivity.