These will be the main cybersecurity trends in 2020

cybersecurity

(Credit: Unsplash)

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum.

Author: Dorit Dor, Vice-President, Products, Check Point Software Technologies


  • The east-west ‘cyber cold war’ is set to intensify
  • 5G and the IoT could make us all more vulnerable to cyberattack
  • Businesses will start to rethink their approach to the cloud

The world is more connected than ever. We are becoming more technologically advanced, markets are stronger, and central technologies that encompass our daily actions are constantly emerging.

These technological advances are based on seamless connectivity. As our digital transformation continues, we continue to build a more cohesive and connected society. Our data is now shared and used by more platforms than ever – in the datacentre, on the cloud and event on internet of things (IoT) devices, for example – and this trend will only increase. But this huge benefit comes with a cost. The more connected we become, the more vulnerable our data is.

 

By looking at security developments over the past couple of years, it is possible to forecast what is likely to happen in the cyber landscape over the next 12 months. Forewarned is forearmed. These are what I believe will be the main trends of cybersecurity in 2020:

1) The ‘cyber cold war’ intensifies

A new cyber ‘cold war’ is taking place online as Western and Eastern powers increasingly separate their technologies and intelligence. The ongoing trade feud between the US and China, and the decoupling of these two huge economies, is a clear sign. Cyberattacks will increasingly be used as proxy conflicts between smaller countries, funded and enabled by larger nations looking to consolidate and extend their respective spheres of influence.

Furthermore, utilities and critical infrastructures continue to be a target of cyberattacks, as seen in attacks on US and South African utility companies this year. Nations will need to consider dramatically strengthening cyber defenses around their critical infrastructure.

What is the World Economic Forum doing on cybersecurity

The World Economic Forum Platform for Shaping the Future of Cybersecurity and Digital Trust aims to spearhead global cooperation and collective responses to growing cyber challenges, ultimately to harness and safeguard the full benefits of the Fourth Industrial Revolution. The platform seeks to deliver impact through facilitating the creation of security-by-design and security-by-default solutions across industry sectors, developing policy frameworks where needed; encouraging broader cooperative arrangements and shaping global governance; building communities to successfully tackle cyber challenges across the public and private sectors; and impacting agenda setting, to elevate some of the most pressing issues.

Platform activities focus on three main challenges:

Strengthening Global Cooperation for Digital Trust and Security – to increase global cooperation between the public and private sectors in addressing key challenges to security and trust posed by a digital landscape currently lacking effective cooperation at legal and policy levels, effective market incentives, and cooperation between stakeholders at the operational level across the ecosystem.Securing Future Digital Networks and Technology – to identify cybersecurity challenges and opportunities posed by new technologies and accelerate solutions and incentives to ensure digital trust in the Fourth Industrial Revolution.Building Skills and Capabilities for the Digital Future – to coordinate and promote initiatives to address the global deficit in professional skills, effective leadership and adequate capabilities in the cyber domain.

The platform is working on a number of ongoing activities to meet these challenges. Current initiatives include our successful work with a range of public- and private-sector partners to develop a clear and coherent cybersecurity vision for the electricity industry in the form of Board Principles for managing cyber risk in the electricity ecosystem and a complete framework, created in collaboration with the Forum’s investment community, enabling investors to assess the security preparedness of target companies, contributing to raising internal cybersecurity awareness.

For more information, please contact info@c4c-weforum.org.

2) The rise of artificial intelligence (AI)

The US elections in 2016 saw the beginning of AI-based propagation of fake news. Political campaigns devoted resources to creating special teams that orchestrated and spread false stories to undermine their opponents. As we prepare for major elections worldwide in 2020, we can expect to see these activities in full effect once again.

As AI continues to be used as a proxy for crime, it will also be used to accelerate security responses. Most security solutions are based on detection engines built on human-made logic, but keeping this up-to-date against the latest threats and across new technologies and devices is impossible to do manually. AI dramatically accelerates the identification of new threats and responses to them, helping to block attacks before they can spread widely. However, cybercriminals are also starting to take advantage of the same techniques to help them probe networks, find vulnerabilities and develop more evasive malware.

3) Our means of communication will become more weaponized

The notion that connectivity creates new combat landscapes is proven by the developing spheres of today’s and tomorrow’s cyberattacks. In the first half of 2019 we saw a 50% increase in mobile banking malware compared with last year, which means that our payment data, credentials and funds are handed over to cyberattackers in the innocent click of a button on our mobile devices. The attempts of cybercriminals to trick consumers to hand out their personal data through their most common means of communications will intensify and will range from email to SMS texting attacks, social media posts and gaming platforms. Whatever we use most frequently can become a more popular attack surface.

Cyberattack trends by region in 2019
Cyberattack trends by region in 2019
Image: Check Point

4) 5G development and adoption of IoT devices increase vulnerability

As 5G networks roll out, the use of connected IoT devices will accelerate dramatically, massively increasing networks’ vulnerability to large scale, multi-vector 5th generation cyberattacks. IoT devices and their connections to networks and clouds are still a weak link in security. This ever-growing volume of personal data will need securing against breaches and theft. We need a more holistic approach to IoT security, combining traditional and new controls to protect these ever-growing networks across all industry and business sectors.

5) Enterprises will rethink their cloud approach

Detection is no longer enough to ensure protection, and prevention is now the key to being secure.

Organizations already run a majority of their workloads in the cloud, but the level of understanding about security in the cloud remains low; in fact it is often an afterthought in cloud deployments. Security solutions need to evolve to new, flexible, cloud-based architectures that deliver scalable protection at speed.

Time for a rethink?
Time for a rethink?
Image: Check Point

Looking forward

Hardly a day goes by without a breach or cyber incident being reported. Attacks have become so damaging that the FBI has softened its stance on paying ransoms: the agency now acknowledges that in some cases, businesses may need to consider paying to protect shareholders, employees and customers. Through our ThreatCloud share intelligence technology we saw nearly 90 billion compromise attempts per day – compared with an estimated 6 billion daily searches on Google. These are new records which constantly being broken as time goes on, which means that the scope of victims is getting broader.

Understanding what is coming towards us will help us to better prepare. Some paradigms will need to shift. The enormous spread of technologies and solutions will force all of us to think about how to consolidate. In 2020 more than ever, cyberattacks are no longer a question of if, but of how and when. This is a concern that applies to us all.

Advertising

Advertising

Advertising

Advertising

Advertising

Advertising

the sting Milestone

Featured Stings

Can we feed everyone without unleashing disaster? Read on

These campaigners want to give a quarter of the UK back to nature

How to build a more resilient and inclusive global system

Stopping antimicrobial resistance would cost just USD 2 per person a year

COP22 addresses a strong global pledge to effectively implement the Paris Agreement

Financial support for workers affected by no-deal Brexit

UN’s Bachelet addresses progress and setbacks in human rights worldwide

The European Union continues to lead the global fight against climate change

Shaping the future of democracy in Armenia

Why the agtech boom isn’t your typical tech disruption

What’s really driving corporate climate action?

These innovations could keep us cool without warming the planet

In West Africa, UN Security Council visits Côte d’Ivoire and Guinea-Bissau

UNICEF reports uneven progress in 30 years of child rights treaty

Friday’s Daily Brief: hunger in North Korea, human rights in Iran, updates on DR Congo and Benin

Multilateralism’s ‘proven record of service’ is focus of first-ever International Day

China hopes EU Commissioner De Gucht drops super anti-dumping tariff on solar panels

Restoring prospect of peace in Middle East is ‘our shared responsibility’ UN envoy tells Security Council

Industrial price dive may lead to point of no return

Alcoholic drinks: Commission tables update of rules governing alcohol excise duties

Anti-vaccination: a private choice leading to collective outcomes

UN appeals for international support as flood waters rise in wake of second Mozambique cyclone

UN condemns deadly attack against G5 Sahel force headquarters in Mali

UN chief calls for ‘immediate end’ to escalation of fighting in southwestern Syria, as thousands are displaced

This app uses augmented reality to rewrite ‘herstory’

Cocaine and opium production worldwide hit ‘absolute record highs’ – major threat to public health says UN study

Greece: The new government of Alexis Tsipras shows its colors

The world’s landmine stockpiles in numbers

A Sting Exclusive: “Climate Change needs to be demystified”, Anneli Jättenmäki Vice President of European Parliament underscores from Brussels

3 ways to make the 2020s the decade we close the gender gap

“Our house is on fire.” 16 year-old Greta Thunberg wants action

How cocoa farming can help stop deforestation

So, what is your favourite Sustainable Development Goal?

AI-driven companies need to be more diverse. Here’s why

Cameron readies to support ‘yes’ for Britain in the EU

MEPs boost support for EU research and Erasmus

EU adopts retaliative measures in response to US steel and aluminum tariffs

In Finland, speeding tickets are linked to your income

‘Negative developments’ undermining two-State solution in Middle East

EU Court of Justice invalidates Safe Harbour and the game for thousands US businesses suddenly changes

EU and UK soon to be in a post-Brexit rush over free trade agreement with Australia

Conflict diamonds and climate change: Cooperate, don’t compete over natural resources urges Guterres

‘Transformational benefits’ of ending outdoor defecation: Why toilets matter

Protecting whistle-blowers: new EU-wide rules approved

Trump’s Russophiles under investigation, Europe remains ‘en garde’

Mental health: what can be done to diminish increasing suicide rates?

4 ways 3D printing can revolutionize manufacturing

Water supply a human right but Greeks to lose their functioning utilities

Gender equality: an issue much talked about but less acted upon

10 tonnes of trash was taken off Everest – and repurposed

“None of our member states has the dimension to compete with China and the US, not even Germany!”, Head of EUREKA Pedro Nunes on another Sting Exclusive

CDU-SPD agree the terms for EU’s Banking Union

This is how people in Europe are helping lead the energy charge

Terrorist content online should be removed within one hour, says EP

A Sting Exclusive: “Climate change and youth inaction: oblivion or nonchalance?”, AIESEC wonders from Brussels

In Washington D.C., Guterres signs pact with World Bank, meets US President Trump

Eurozone’s credibility rock solid

Medical ethics in the age of the social media influencers

Fairness in the Food Supply Chain: Commission welcomes Member States’ support for greater price transparency

This is what the world’s waste does to people in poorer countries

Time to be welcome: Youth work and integration of young refugees

Why the ECB had to clarify it caters for the entire Eurozone not just Germany?

A seafood fraud investigation DNA tested fish sold in the US. Here’s what they found

Revolutionary technologies will drive African prosperity – this is why

More Stings?

Speak your Mind Here

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s