The business world is a major part of the digital revolution as it continues to adopt new technologies and develop a vast digital infrastructure. This has helped to improve business operations significantly, helping companies increase efficiency and productivity. But unfortunately, everything comes with drawbacks, and the digital revolution is no different. The rise in technological dependence has caused cyberattacks to grow at an exponential rate in the past few years. There is an immediate need for advanced cybersecurity measures.
What’s more concerning is that cyberattacks are not only increasing in number but are also becoming harder to deal with due to advanced technology. In such a situation, companies must prioritize cybersecurity to protect themselves against irreversible financial loss and data breaches. However, the cybersecurity landscape is constantly evolving, and it is essential to keep up with the latest trends, some of which are mentioned below.
The 5 Latest Trends Improving Cybersecurity
Cloud Security
Cloud security is one of the most popular emerging trends that is improving cybersecurity. In simple terms, cloud security services allow companies to transfer their digital infrastructure into a remote cloud server. Shifting technological systems into a unified and secure location reduces the risk of cyberattacks while also improving the organization of data. Additionally, cloud security services have a robust security system installed into cloud servers. This sort of state-of-the-art cybersecurity technology is often inaccessible, especially for small companies. Hence, cloud security allows companies to implement cutting-edge security measures without having to worry about large expenses.
However, new cybersecurity technologies like cloud security demand investment as well. If you are looking to protect your company, it’s not only important to be aware of new trends but also to invest in them to take advantage of their potential. So, don’t waste any time and start investing in new cybersecurity measures for a successful future for your company.
Automated Cybersecurity– AI-led Threat Intelligence
With rapid advancements, artificial intelligence technology has made its way into the cybersecurity landscape as a rising trend. As a result, AI-powered security technology has emerged, allowing companies to automate their cybersecurity measures. AI-powered automated threat detection is one of the most popular examples of this technology. Such an automated system analyzes vast amounts of company data and focuses on identifying patterns that may indicate a cyberattack or data breach. It is also capable of monitoring a company’s digital infrastructure in real-time to identify any suspicious activities. These abilities allow automated threat detection systems to alert a company before a cyberattack occurs.
As a result, with the implementation of an AI threat detection system, your company can take effective security measures against any threats before they occur. Doing so will help you mitigate the risk of cyberattacks significantly. However, in addition to threat detection, automation is also helping with response systems. AI-powered security response systems take quick actions against cyberattacks in case they ever occur. This allows companies to reduce the adverse effects of cyberattacks, such as irreversible data loss and financial loss.
Multi-factor Authentication
As much as 61% of data breaches occur due to a cybercriminal gaining access to credentials. As a result, simple passwords are no longer a safe way of implementing user authentication. In fact, the hardware used by cybercriminals can crack the average password within seconds. But the latest trend of multi-factor authentication offers an effective solution to this issue. As the name suggests, multi-factor user authentication depends on several measures to make sure the user is authorized to access the data requested.
Multi-factor authentication often makes use of identification measures such as biometrics, passwords, and security tokens. If the user fails identification at a single step, data access will not be granted. So, even if cybercriminals guess your passwords, they will not have access to the protected data. Moreover, multi-factor authentication systems release security alerts whenever there is a failed attempt to gain unauthorized access. This will help you take action against cybercriminals attempting to steal data.
Employee Training– User Awareness
88%Â of data breaches occur due to employee mistakes. Inexperienced and unaware employees often act recklessly with company data, ignoring security measures. But more importantly, cybercriminals can easily manipulate inexperienced employees into providing them access to company resources through social engineering attacks. Phishing is one of the most effective social engineering attacks cybercriminals use against employees. Such attacks involve sending fake emails that appear to be authentic to request confidential information that could possibly cause a data breach.
As a result, employee training is emerging as long needed and effective cybersecurity trend in today’s world. No matter how advanced your security infrastructure is, it is bound to fail without a skilled workforce to handle it. Hence, companies are now investing heavily in training employees about safe internet and technology usage. This helps employees to adhere to security measures and avoid making human errors.
Endpoint Security
Business security is not just about securing digital assets linked to the company. In fact, a company’s customer data matters equally and must be protected as well for a foolproof cybersecurity system. Without secure handling of customer data, a company can experience numerous data breaches targeted toward user data. This can cause immense damage to a company’s reputation and significantly drive down customer satisfaction. In some cases, a cybercriminal may even exploit customer devices to gain access to your company’s digital infrastructure.
However, endpoint security can help to solve this issue. Endpoints are devices, such as computers and smartphones, that your customers may use to access your services or products. Security measures targeted specifically towards endpoints can help mitigate the risk of cyberattacks and keep your customers safe. For example, many companies encrypt customer data stored on endpoints to protect them in case of a cyberattack. In addition, threat detection and behavioral analysis are also used to increase endpoint protection.
Conclusion
Cybercriminals are constantly evolving their technologies and strategies for stealing and destroying data. In such a situation, companies must keep up with the competition and stay up to date with the latest trends in cybersecurity. A single security gap in your digital infrastructure may become the reason for the fall of your business. So, if you want a safe future for your company, make sure to keep in mind the latest trends mentioned above.
