Think back to your spending habits in 2017. If you broke your New Year’s Resolution and went online shopping, you were certainly at risk of having your data breached. In fact, you’ve probably been a victim at some point. In October, for instance, 123,000,000 records were found to be accessible from Amazon – that’s almost every household in the United States. It’s no surprise, then, that in 2017, the United States was the biggest victim of cyber-attacks by far. At 63.1%, the US was targeted more than all other world nations combined. In Aerospace & Defense, Industrial Products, and Non-Profit industries, the United States was the target of 100% of incidents. Clearly, cybersecurity should top the list of any organization operating in the region.
- All about AI. CIOs have embraced Artificial Intelligence technologies with open arms, and they have good reason to – the tools can automate everyday projects and streamline the organization of big data. Their fellow businesses and consumers have all hopped on board, but what about potential threats? Indeed, cybercriminals have taken up AI to make their activities more efficient and effective, as well. This puts an organization in a much larger cold war between two sides of the web, whether you are prepared to take up the arms race or not.
- What’s the password? Outdated. Both consumers and companies will be abandoning traditional password authentication methods more than ever. Behavioral analytics, biometrics and multi-factor authentication are much safer alternatives to the traditional password, and will thus become the norm within the next five years. Seems like a foreign concept? Think again: if you have ever checked the “I am not a robot” box when logging into an account, you have used a two-factor authentication tool. While it may take a few seconds longer to log into your favorite accounts, these security measures can quite possibly help save months of work recovering stolen data.
- Cyber Squads. Rather than lone wolf attacks, as we have seen since the beginning of electric computing, cybercrime is now organized crime gone digital. A crime boss may not look as smooth behind a screen, but he can be just as dangerous – organized cybercrime costs companies trillions of dollars, and most organizations focus on banking and eCommerce. These are two of the most vulnerable areas containing analytics and important data. The cybercriminals are teaming up, which means you should, too.