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Cybersecurity has remained one of the biggest talking points in 2022. According to Statista, the most common cyber attacks include phishing, network intrusion, and trojan horse. With growing targeted attacks across industries, the role of security officers globally has become more cumbersome. Companies are now actively looking to spend their IT budgets on improving their cybersecurity measures. Cybersecurity is no longer looked at as a compliance requirement but rather as a proactive measure to tackle threats and attacks. Here are some of the top cybersecurity trends that are gaining popularity in 2022.
Zero Trust Model
The lack of endpoint visibility due to legacy trust-based authentication has resulted in an increased number of cyberattacks in recent times. To that end, CISOs are exploring the option of zero trust endpoint platforms that offer real-time asset and patch management data, which offers better visibility and control. Gartner predicts spending on zero-trust network access (ZTNA) solutions will grow to reach USD 1.674 billion in 2025. There will also be an increase in zero-trust implementation in IoT devices.
Artificial Intelligence is gaining momentum in cybersecurity. According to the ‘Reinventing Cybersecurity with Artificial Intelligence’ report from Capgemini, 69% of organizations believe that AI is crucial to respond to cyberattacks. While banking industries have embraced the technology for fraud detection, CISOs from other industries can leverage AI to identify anomalies in behavior or access patterns. The predictive powers of AI help reduce the time to detection and improve defense against AI-powered cyberattacks. However, with the growing dependency on AI in cybersecurity, organizations must also factor in human dependency and create a process to deliver AI insights to the security team to further strengthen their line of defense.
A term coined by Gartner, cybersecurity mesh is considered one of the top trends of 2022. This modular security infrastructure concept takes a horizontal approach to implement an IT infrastructure. This approach includes a 360-degree reconfiguration of the ‘walled cities’ approach to protecting a network. As per Gartner reports, organizations that adopt a cybersecurity mesh architecture (CSMA) can reduce the financial impact of individual security incidents by 90%.
Identity System Defense
In recent times, there has been a steady increase in the number of credential misuses. Notably, the attack on SolarWinds had severe repercussions. It is predicted that Identity Threat Detection and Response (ITDR) will gain momentum to protect digital assets and privileged information of personnel. Notably, industries such as healthcare and banking will be improving their defenses to fight such attacks due to their sensitive nature of business.
Supply Chain Risk
Attack through the supply chain is consistently on the rise. However, most organizations lack defense in this area. This year, risk management leaders are likely to prioritize digital supply chain risk and prepare an incident response playbook that will contain the severity of the attack. Organizations will also emphasize on suppliers to adopt security best practices to contain the risk of future supply chain attacks.
Multi Factor Authentication
With the rise of hybrid and remote working, companies are rethinking their security practices. Now more than ever, organizations are recommending multi-factor authentication. It is evident that there is an upward growth as the global multi-factor authentication market is expected to grow at a CAGR of 21.03% between now and 2027. Moving from SMS and voice authentication methods, experts are encouraging businesses to use hardware security keys for authentication.
Cyberattacks are on the rise, with ransomware topping the list. As the world continues to work remotely, cybercriminals have unleashed a barrage of threats through phishing emails and malware attacks. To curb this situation, cybersecurity education is considered the most effective tool. According to research, employees who have prior knowledge are eight times less likely to fall victim to cyberattacks. 2022 will have organizations across industries training employees about various cybersecurity threats and means to combat the same. These cybersecurity awareness programs must communicate safety practices that empower employees to identify and respond to malicious activities such as phishing emails and unrecognized links and to avoid making errors with sensitive data.
To combat cybersecurity issues, it is important to use a combination of security approaches to ensure maximum protection. Businesses need a fast and agile cybersecurity function that helps make decisions fast using real-time data. However, as it would be impossible for one CISO to handle all the needs of cybersecurity, organizations are focusing on distributed cyber judgment. Cybersecurity leaders will be dispersed within different parts of the organization to decentralize security decisions. This approach can help minimize the risk of compromising protected information.
GAVS for Cybersecurity
GAVS delivers end-to-end Cybersecurity Services, helping clients manage risk and build an effective cybersecurity program. GAVS caters to the full suite of organizational cybersecurity needs – assessment, operations, and/or strategy – and can help conquer your most critical cybersecurity issues. Our services are based on the premise ‘Threat is Everywhere’. We challenge that by powering up the ‘Prepare -> Protect and Prevent -> Respond and Remediate’ security layers with our highly competent cybersecurity team and leading-edge tools, technologies, global alliances, and processes driven by AI and automation. To learn more, please visit https://www.gavstech.com/service/security-services/.