Cybersecurity has remained one of the most important things for governments and businesses around the globe. This is because of the increasing cost and frequency of cyber attacks. The risks and outcomes are also devastating and can cripple an enterprise.
This has seen some countries and political, economic, and monetary unions work on initiatives to protect and fight cybercrime in organizations. That notwithstanding, recent attacks on companies such as Accenture, Kesaye, and JBS, among others show that we still have a long way to go.
Enterprises are now investing in modern technology in a bid to find the best ways to fight cybercrime. However, as technology advances, they should be prepared for more advanced attacks.
So, what should they look at when investing in the future of cyber security?
Reactive Vs Proactive Approach
The next few years are going to see a rise in the severity and complexity of cyberattacks. This means that enterprises investing in the future of their cyber security need to think about a proactive approach instead of a reactive one.
A proactive approach allows them to detect and identify cyber attacks before they can even happen. Using artificial intelligence and machine learning, as well as advanced human expertise, enterprises have an opportunity to implement a proactive approach.
The future of cyber security will also see deceptive technologies that will force cybercriminals to identify themselves before they can gain access to unauthorized data. Using this intelligence, threats will be reverted and the responsible individuals apprehended.
Managed Service Providers
The demand for security services, threat intelligence, and protection against digital risks is going to keep on rising. This will force enterprises to start relying more on outsourced expertise. There are a lot of benefits of outsourcing these services.
Most businesses do not have enough resources to develop their security protocols and hire experts to manage them. This is one of the reasons that force them to hire an IT support company to handle all their technology and security needs.
The future of cyber security will see more enterprises adopting this approach. Managed service providers can also provide managed security services that focus solely on the fight against cybercrime. This way, organizations can work with experts who understand cyber security best practices and all the protocols that can fight cybercrime efficiently.
Protection Against API Attacks
Applications Programming Interfaces (APIs) have continued to grow in popularity in the last few years. Research has even indicated that over 80% of the traffic on the internet takes place through APIs. This is going to keep on growing.
This will make APIs the biggest cyber attack vector in the future. It, therefore, means that enterprises need to invest in cyber security that focuses on the security of their APIs. This is something that has not existed before, since traditional approaches are not adapted to the requirements of an API.
Enterprises need to find ways through which they can secure app and API ecosystems before things get out of hand. Cybercriminals are exploring ways through which they can breach APIs, and enterprises need to be ahead of them.
Even though we have experienced exponential growth in cybersecurity in the past few years, cybercriminals are still relying heavily on the human factor when attacking enterprises. Research has even revealed that more than 20% of breaches are related to human error, something that costs enterprises $ 4.35 million in losses.
Some of the most common human errors contributing to unauthorized access include the use of weak passwords, unauthorized access to personal and corporate devices, and phishing scams, among others.
Even though we have new technologies that can detect these kinds of threats, organizations need to train their employees on techniques for identifying and eliminating these threats. This tells you that employee training is vital for the future of cyber security for enterprises.
Reducing Fatigue for Security Tools
Enterprises are investing a lot of money in purchasing different products from different vendors to streamline their operations. This has led to a challenge with the overloading of their cybersecurity tools. Each of these products comes with its security protocols.
Every security protocol has multiple layers of people and processes that are needed to ensure that the solution is managed. This has left most enterprises unable to control and integrate everything for easier management.
Investing in the future of cybersecurity needs enterprises to look at other opportunities such as those offered by cloud-based solutions. They also need automated solutions to simplify the management of their security protocols.
Cybersecurity is going to remain an interesting topic among enterprises. We are going to see these enterprises investing in new technologies and implementing new security protocols to combat cybercrime.