0. Pinterest. Strengthen your organization's IT security defenses by keeping abreast of the latest cybersecurity news, solutions, and best practices. Cybersecurity Statistics for 2020 – Trends, Insights, & More! As much as security leaders hope the supply chain will promote proactive cybersecurity whenever possible, it’s best to be very realistic about what cybersecurity risk areas exist and to communicate these risks to leadership before they manifest, especially in times of economic uncertainty. Regardless of whether they were planning to add additional security products, 78% of respondents said that the "management, maintenance, and operational overhead" of their current security products was a major obstacle toward their achieving a level of security they would be happy with. The effects of COVID-19 pandemic are still ongoing, and the opportunities for new cybersecurity risk areas to emerge is more real than ever. Focusing your efforts will help you inform your cybersecurity risk management strategy for 2020 and beyond. Advanced protection is defined in the report as SEIM software, network traffic analytics, and EDR/EPP products. ... Stay on top of every property with our energy analytics platform. This report makes it clear that cybersecurity professionals value advanced protection and that they don't think existing tools are enough to make networks safe. The 5 Biggest Cybersecurity Trends In 2020 Everyone Should Know About. The following are the top ten cybersecurity companies to watch in 2020: Absolute – Absolute serves as the industry benchmark for endpoint resilience, visibility and control. Add to Calendar 2019-12-04 09:30:00 2019-12-04 12:30:00 Europe/London Airmic academy: The Top 5 data privacy and cybersecurity risks for 2020 Ankura will share their benchmarking insights cross sector based on interaction, engagement and consultation with diversified stakeholders, professional advisers, regulators and policy makers. Positive morale and the mental agility and alertness that comes from a healthy psyche is in large part the responsibility of managers and the employer. Ultimately, cybercriminals are looking to exploit areas of weakness - whether it’s forgetting to turn on 2FA or clicking on a link in a seemingly innocent email. CyberSaint’s CyberStrong platform empowers teams, agencies, and government leaders to measure, report, and mitigate risk with agility and alignment, even in the most uncertain times. The three threats that respondents cited as their biggest for 2020 are: All three of these problems are serious, but it's debatable whether any of them can be solved by adding SEIM, network traffic analysis, or EDR/EPP on top of traditional security products. A lot of people think about cybersecurity as something pretty basic: choose a good password, and beyond that it’s really a term for governments and big companies to worry about. In 2019, many smaller organisations were victims of cyber losses, and the trend is set to continue into 2020. The interconnected risks that have been fueled by the events in 2020 are requiring greater oversight from information security and cybersecurity teams, security and risk leaders, and executive management from the C-Suite to the Board of Directors. About CyberSaint’s Integrated Risk Management Approach. Weaponized email attachments and links (74%) 2. 5 ways tech is helping get the COVID-19 vaccine from the manufacturer to the doctor's office, PS5: Why it's the must-have gaming console of the year, Chef cofounder on CentOS: It's time to open source everything, Lunchboxes, pencil cases and ski boots: The unlikely inspiration behind Raspberry Pi's case designs, Weaponized email attachments and links (74%), Banking trojans and other browser-based password hijackers (67%). The report, which predicts security trends for 2020 based on responses from cybersecurity professionals, finds that that most are planning to roll out advanced protection products in 2020. Understanding Bash: A guide for Linux administrators, Checklist: Managing and troubleshooting iOS devices, Why corporate boards are unprepared to handle cybersecurity risks, Comment and share: 3 biggest threats cybersecurity professionals are facing in 2020. The platform’s ability to simplify even the largest enterprise continuous assessment projects has organizations achieving audit, risk, third-party, and regulatory compliance objectives with remarkable results. Knowing where you stand against cybersecurity best practices and then remediating effectively are two steps to boost security across organizations, as detailed in a previous post. Fragmented security software is a concern that needs to be addressed, but it's questionable whether or not centralized systems could solve what professionals see as the biggest threats of 2020. Happy New Year! Chief Information Officers (CIOs) and Chief Information Security Officers (CISOs) need to have visibility into their cybersecurity posture now that the cybersecurity risk landscape has drastically changed. Organizations are moving toward next-generation cybersecurity solutions this year, but security fragmentation is a looming threat. This effort takes many forms, but the two that show great promise during times such as these are awareness and training as well as prioritizing the mental health of employees. Top cybersecurity facts, figures and statistics for 2020 From malware trends to budget shifts, we have the latest figures that quantify the state of the industry. Last Updated: December 19, 2019 . Supply chain attacks were up 78% in 2019 according to Symantec, and that exponential increase isn’t slowing down anytime soon in 2020. The Top Six Cybersecurity Trends for 2020 Anthony Diaz, Optiv’s Division Vice President for Emerging Services, understands the cybersecurity challenges contemporary organizations are dealing with: “As we look beyond 2019 and into 2020, we have a solid idea of what threats the industry is facing, and not just ransomware and phishing attacks, but new, hard-to-combat threats. He's an award-winning feature writer who previously worked as an IT professional and served as an MP in the US Army. This year’s top 10 security projects, based on Gartner forecasts and adjusted for the impact of COVID-19 — feature eight new projects, focused heavily on risk management and understanding process breakdowns. Technologies like Artificial Intelligence, Machine Learning, and 5G will likely vastly affect and impact the cybersecurity landscape next year. A lot has happened between the rampant risk in cyber attacks across the digital landscape to the COVID-19 pandemic ... 2020 came with a lot of unforeseen circumstances. The key is to prioritize business enablement and reduce risk — and communicate those priorities effectively to the business.. 2020 has brought with it immense change across the cybersecurity risk landscape. Top 10 Cyber Security Facts for 2020. Meet the hackers who earn millions for saving the web, Top 5 programming languages for security admins to learn, End user data backup policy (TechRepublic Premium), How to become a cybersecurity pro: A cheat sheet, Mastermind con man behind Catch Me If You Can talks cybersecurity, Windows 10 security: A guide for business leaders, Online security 101: Tips for protecting your privacy from hackers and spies, Cybersecurity and cyberwar: More must-read coverage. Ransomware (71%) 3. Here are the top 10 cybersecurity threats businesses face in 2020: Phishing Attacks Phishing scams typically employ social engineering to steal user credentials for both on-premises attacks and cloud services attacks. By Mehul Boricha. Adobe Stock. CyberStrong’s near-immediate implementation time, ability to put cybersecurity posture in the context of organizational objectives, and breakthrough Machine Learning automation have CyberSaint highlighted as “an example of a technology provider that demonstrates a vision for addressing emerging risks associated with cybersecurity”. Organizational leadership must be confident that their business will be able to maintain operations regardless of environmental or cybersecurity incidents alike. Top Cyber Security Risk Trends predictions for 2020 including ransomware formjacking phishing malware iot breach threats infosec cybersecurity network top cybersecurity risks and threats in 2020 that will target several technologies like artificial intelligence, machine learning, 5G Don't focus solely on software when one of the biggest threats comes from people making simple mistakes. 29 Must-know Cybersecurity Statistics for 2020. The tactics may sound familiar, but the landscape is changing rapidly beneath our fingertips. Malware encompasses a wide range of cybersecurity threats including backdoors, downloaders, worms, viruses, or trojans. The DDoS attack on Health and Human Services was only the beginning. The complexity created by increased digitalization, business growth, and third-party partnerships increases the need to protect sensitive information, including financial, personal, and strategic information such as intellectual property. Here are top 10 cybersecurity trends to watch out in 2020: Increased Automation in Cyber Security, Spending on Cyber Security will Increase, More use of AI for Cyber Attacks, Use of AI for Defending Attacks, Growth of 5G, Cloud can be a Threat, Capturing Data … In the very least, many vendors will claim they are using AI. The other area to focus on - mental health - may not be talked about as much, but in unprecedented times like those we’ve experienced in 2020, it’s more important than ever to support employee’s need to rest, reflect, and spend time offline. All Rights Reserved. Brandon writes about apps and software for TechRepublic. Privacy Policy. Cybersecurity threats in 2020 will target a plethora of emerging technologies. The risks of internet fraud and cybersecurity breaches are … Copyright © 2020 CyberSaint Security. Top 10 Considerations for Assessing Cybersecurity Risks (GSX+ 2020) September 22, 2020. However, as the technology becomes more widely implemented and accessible, more and more security … Top Five Cybersecurity Trends for 2020. Facebook. For example, some sophisticated cybercriminals will plant malware inside a piece of critical infrastructure, only to have it manifest months down the road. Some businesses are approaching this issue by asking suppliers for reports on how they have changed their cybersecurity risk management strategy to accommodate these changes. It’s also worth noting that while many of these cyber attacks are designed to manifest quickly and cause disruption quickly, some of the most sophisticated state actors will be taking advantage of organizations that are preoccupied with maintaining day-to-day operations and shifting to remote work by taking a longer-term approach to creating disruption. Both of these examples of opportunities for cyber incidents are what most would describe as human error. CyberSaint’s mission is to empower all organizations to build a cybersecurity program that is as clear, actionable, and measurable as any other business function. Alex Mason January 20, 2020 March 13, 2020 No Comments on Cybersecurity Statistics for 2020 – Trends, Insights, & More! Janelle Penny. Fragmented security software is a concern that needs to be addressed, but it's questionable whether or not centralized systems could solve what professionals see as the biggest threats of 2020. The National Institute of Standards and Technology (NIST) is the U.S. Commerce Department’s non-regulatory agency responsible for developing the NIST Cybersecurity Framework. How is a good cybersecurity team to tackle the threats of 2020? Hav e you noticed that December and January seem filled with cyber security “ predictions ” of things that may happen in the coming year? Executive meetings must be organized in virtual or hybrid ways while still maintaining their ability to work as a team and react quickly and precisely in times of crisis, especially if a cybersecurity event occurs, but even simply continuing to sign off on day-to-day initiatives without additional delay. Welcome to a new epoch of cybercrime. Well I would like to tweak the trend a little bit and give you the top 5 things I believe we ought to focus more on in 2020. ... ISACA’s 2020 State of Cyber Security study found that 62 percent of respondents said their cybersecurity team was “understaffed”. Supply chain cyber security is a constant area of focus for many enterprise organizations. Delivered Tuesdays and Thursdays. 1 – Malware The use of malware continues to be a threat to businesses. ... it will continue to be a big cybersecurity threat in 2020. In the wake of the COVID-19 pandemic, the catalyzation of digital transformation and the ripple effects on businesses ... 2020 brought a lot of unforeseen circumstances with it. © 2020 ZDNET, A RED VENTURES COMPANY. Below are some of the cybersecurity threats to look out for in 2020. Knowledge Base. Information security maturity has never been more important. Most respondents (60%) plan to add some form of breach prevention measures in 2020, but 72% of those not planning to add more software cites a similar refrain: They can barely manage the products they already have in place. Home Knowledge Base Top 10 Cyber Security Facts for 2020. There was a giant uptick in cyber threats in the digital landscape as the COVID-19 pandemic surged on. Adding new security products isn't going to improve protection if they're operating in separate ecosystems that don't communicate--at least that's what the report concludes. Cybersecurity Threats and Trends for 2020 Phishing Gets More Sophisticated — Phishing attacks , in which carefully targeted digital messages are transmitted to fool people into clicking on a link that can then install malware or expose sensitive data, are becoming more sophisticated. Attacks that target web browsers need not infiltrate a network, weaponized email attachments can affect an individual machine and cause great damage without alerting traffic analysis, and ransomware can come from various sources and lock down a system without raising flags until it's too late. ALL RIGHTS RESERVED. 75% of the Fortune 500 will treat vendor risk management as a Board-level issue by 2020. Twitter. The damage related to cybercrime is projected to hit $6 trillion annually by 2021, according to Cybersecurity Ventures.To give you a better view of the current state of overall security, we’ve collected 29 vital statistics about data breaches, hacking, industry-specific statistics, as well as spending and costs. In times of crisis and uncertainty, cybersecurity teams must stay alert and proactively work to make sure that employees across their organization are not caught with their guard down. One clear area of cyber security risk in 2020 will come from the inability of corporate governance functions to have the same level of efficacy that they had when meeting in-person. Share: ... equipment and other IoT devices also means there are many new risks and endpoints to manage and secure. These security products are designed to act as an additional layer of protection that go beyond firewalls and antivirus software. That leaves cybersecurity professionals in a tricky position in 2020: Fragmented security software is going to leave networks vulnerable, and adding additional tools that don't communicate with existing ones will only make it harder for IT to keep up with already burdensome cybersecurity workloads--but the biggest perceived threats can bypass those tools with ease. If Board members fall ill or are unable to fulfill their duties, there must be a plan. Is your physical security system protected against cybersecurity risks? A good cybersecurity posture definitely includes consolidated software, but it also prioritizes user education and training to make sure the average employee isn't leaving the door open to threats that even the best software isn't trained to see. COVID-19 spurred travel restrictions that limited the number of assessment organizations and service providers that could perform onsite assessments, creating a gap in the supply chain security program’s activities. The perfect storm of strained resources in organizations’ Security Operations Centers (SOCs) as corporations virtualize their workforce, to increased complexity within supply chains have cybersecurity risks emerging from every angle. While organizations are increasingly aware of the importance of cybersecurity, most are struggling to define and implement the required security measures. 7 April 2020. One clear area of cyber security risk in 2020 will come from the inability of corporate governance functions to have the same level of efficacy that they had when meeting in-person. Before doing your first assessment, however, it’s essential to keep up-to-date with where adversaries are targeting and to understand the risk that comes with changes in the current landscape. Implementing a virtual awareness and training program, or holding weekly security training detailing the most common cyber attacks and how to spot them in the day-to-day may be what organizations need to stay alert and aware as change continues to occur. The risk and severity of cyber-attacks have clearly grown over the past few years. - Gartner. The three threats that respondents cited as their biggest for 2020 are: 1. Human error comes about in a variety of ways, and the data shows that it’s not just awareness and training that can make all the difference. Organizations without dedicated vendor or third-party risk teams oftentimes have difficulty assessing the posture of their supply chain. TechRepublic Premium: The best IT policies, templates, and tools, for today and tomorrow. Especially for organizations that partner with a lot of small businesses, which are most at risk for cyber attacks, knowing where the security gaps in the supply chain lie are critical to directing suppliers to meet low-hanging-fruit cybersecurity best practices from multi-factor authentication to scenario planning. ... Read on to know and prepare for the top cybersecurity threats that organizations will face in 2020. Integrated Risk Management, Cybersecurity Program Management, Cybersecurity for Boards and CEOs. "Lack of consolidation is the dominant practice, [but] most organizations view it as a core problem that must be solved.". This has a serious consequence – businesses who’ve been hacked will fail any test to see if they’re ‘cyber ready’, which means they could lose … Top Cyber Security Risks in Healthcare [Updated 2020] May 1, 2020 by Susan Morrow. However, responding to COVID-19 remains the biggest challenge for most security organizations in 2020. Creating clear incident response plans and maintaining cybersecurity governance through an integrated risk management approach is recommended for leadership regardless of the business scale. Deep fakes, stalkerware and surveillance attacks are among the new threats confronting cybersecurity experts as 2020 begins. If Board members fall ill or are unable to fulfill their duties, there must be a plan. 2019 has seen cybersecurity issues firmly take their place in the news, both for the technology industry and the general public. Security firm Cynet has released a report on The State of Breach Protection in 2020 that paints a picture of a cybersecurity landscape that is evolving quickly--maybe too quickly for IT teams to keep up. Those numbers don't bode well for the cybersecurity world. Building a healthy and balanced culture during times of uncertainty could help avoid the opportunities for cybercriminals to exploit employee mishaps - an employee’s mindset could be the difference between engaging with phishing attacks touting “Coronavirus News” or spotting that attack right away. In addition, linking the reality of cybersecurity risks to impacts on the bottom-line - and measuring Return on Security Investment (ROSI) if possible - is critical while trying to maintain growth and financial stability during economic uncertainty and still managing cybersecurity risk. Cyber security. If possible, vendor risk management teams are encouraged to track supplier cyber risk posture with not just risk assessments, but also security controls, policies, and procedures managed in a single system of reference such as an integrated risk management solution. The shortage of technical security staff, the rapid migration to cloud computing, regulatory compliance requirements and the unrelenting evolution of threats continue to be the most significant ongoing major security challenges. The CyberStrong platform is a flexible, agile system through which security teams and organizational leadership align to build cybersecurity resilience and boost productivity. These new, next-generation security products are designed to fight the latest security threats, but the addition of more security products doesn't necessarily make security professionals feel at ease. Banking trojans and other browser-based password hijackers (67%) All three of these problems are serious, but it's debatable whether any of them can be solved by adding SEI… SEE: Cybersecurity: Let's get tactical (ZDNet/TechRepublic special feature) | Download the free PDF version (TechRepublic). Top cyber security risks for 2020 ; Top cyber security risks for 2020 . 83% of the top U.S. retailers have connections to a vulnerable third-party asset, and 43% have vulnerabilities that pose an immediate cybersecurity risk, Cyberpion reveals. AI, for example will likely be huge in 2020. Corporate TIPS: Top Five Cybersecurity Risks for 2020 Brouse McDowell USA January 22 2020 No matter what business you’re in, one of your top priorities this year must be cybersecurity. We put our faith in technology to solve many of the problems … 3 Cybersecurity Risk Areas to Focus On in 2020, inform your cybersecurity risk management strategy, controls to prioritize during the COVID-19 pandemic PDF. Especially in sectors such as hospitals and healthcare, prioritizing awareness and training is essential (if you're in the healthcare sector, check out our PDF of the most common attacks during times of crisis and security controls to prioritize during the COVID-19 pandemic PDF). Maintaining cybersecurity governance through an integrated risk management as a Board-level issue by 2020 continue into 2020 incidents! Have difficulty assessing the posture of their supply chain of environmental or incidents. Next year have difficulty assessing the posture of their supply chain cyber security risks in Healthcare [ Updated 2020 may. For 2020 – Trends, Insights, & More go beyond firewalls and antivirus software... Read to. Many vendors will claim they are using ai, solutions, and best practices malware encompasses a wide of. That respondents cited as their biggest for 2020 ] may 1, by. Confident that their business will be able to maintain operations regardless of the Fortune 500 treat... 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