Noteworthy Predictions on Cybersecutity Trends

Capital Markets CIO Outlook | Monday, June 03, 2019

FREMONT, CA: Technology over the past few years has become an increasingly fundamental aspect of the workplace. Business relies on technology to be connected all the time and conduct work efficiently. But when these lines of communication are threatened or even compromised, it causes a disastrous effect on the businesses. No enterprise is too small to be at risk of a cybersecurity attack as the size is a small number.

The zero trust model eliminates the idea that internal players are trustworthy individuals who mean no harm. It continuously evaluates an individual's behavior and actions to detect and eliminate potential threats that may emerge in future. Zero trust has set the foundation for digital trust by allowing IT to design a digital fingerprint of their employees. It enables users to access applications and systems that remain consistent with their profile, with a reduced number of authentication, improving their overall experience. Spending in the biometric market also is showing an increase in the past few years. Fingerprint scanners, iris, and face detection software are there on a smartphone.

Also See: Top Cyber Security Companies in Europe

The GDPR compliance services market is witnessing a rise as the companies try to close out the breaches that have e resulted in demand for safeguarding for personal information. GDPR is suitable for both customers and companies alike; even it poses a challenge to firms that need to comply with the policies quickly, otherwise risking huge fines. This leads firms hiring GDPR managed services that are supposed to aid them to adhere to regulations.

Automation and Robotic Process Automation (RPA) is expected to increase in the area of cybersecurity, in forms such as incident detection, analysis and response. Recognizing its potential, firms have already started deploying RPA in cybersecurity strategies, where automation avoids the risk of human errors from manual work and allows them to focus on more complex tasks. The scope of automation will also increase in future where robots will automatically remediate some of the security issues, which were manually focused.

The organizational impact of these trends would be seen in the way firms approach their security. An increasing number of firms will be adopting the approach of using cybersecurity as a built-in technology. This approach helps businesses in the long term and paves the way for millennial organizations.

Check Out: The Cybersecurity Review

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