Cybersecurity: the year so far

The UK Threat Report from endpoint security company Carbon Black claims that the average number of data breaches and cyberattacks is continuing to rise, with organisations suffering on average 3.67 breaches. More than 87% of organisations have also seen an increase in attack volumes, while 89% claim the attacks have become more sophisticated.

So, with data breaches and attacks showing no sign of slowing, what are the cybersecurity trends of 2019; are there any consistencies in the cyberattacks taking place and what has been done to try and put them to an end?

Increased use of AI and ML

Artificial Intelligence (AI) has taken centre-stage in cybersecurity this year, with Machine Learning (ML) having the potential to identify and respond to threats as they occur without being explicitly programmed to do so. This year these technologies have become increasingly efficient at protecting customers, processing and prioritising data and determining which threats are real, and as a result becoming increasingly popular.

Increased attacks on small businesses

The sheer volume of yearly cyberattacks has meant that effective security is no longer an option – it is mandatory. As large businesses and corporations have put considerable resource behind protecting themselves from attacks, small organisations and even individuals are now under the radar of cyber criminals. Small companies should re-assess their security and ensure adequate measures are implicated to safeguard themselves against today’s security attacks.

Bigger and better data privacy laws

In light of high-profile data breaches that have hit the news in recent years, customers, governments and regulatory bodies are calling for better data protection measures. As if the implementation of the European Union’s General Data Protection Regulation (GDPR) hadn’t caused enough workload (not to mention the influx of emails in consumers’ inboxes), organisations should prepare for more data privacy regulations still to come.

Increased attacks on mobile devices

Nowadays nearly everyone has a mobile device in their pocket, with remote working becoming an increasingly popular initiative within organisations. From banking to booking a holiday, being mobile makes most things in life more convenient. But this convenience does not come without risk for end users and organisations alike. Research form the RSA’s 2019 Current State of Cybercrime shows that 70% of fraudulent transactions originated in mobile channels and fraud from mobile apps has increased a staggering 680% since 2015.

Multi-factor authentication

Bill Gates himself has no doubt that the reliance on passwords is in decline: “Passwords just don’t meet the challenge for anything you want to secure.” It’s therefore no surprise that Multi-factor Authentication (MFA) has been an increasingly popular defence mechanism this year. MFA is a security system that requires more than one method of authentication to verify a login or other transaction such as a security token or biometric verification.

 

At SIRE, we have partnered with Centrify because they focus on cybersecurity solutions that aid user security as well as the outside threats, whilst providing information for compliance and audit purposes. To find out how SIRE can help with your organisation’s cybersecurity, talk to us on 01344 758700 or email us on sales@sire.co.uk.

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