CYBERSECURITY TRENDS FOR 2020

AMIR KANAAN, MANAGING DIRECTOR, MIDDLE EAST, TURKEY & AFRICA, KASPERSKY, SHARES INSIGHTS INTO THE LATEST TRENDS THAT WILL IMPACT THE EVER-EVOLVING CYBERSECURITY SPACE.

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The year 2019 was another busy one for the cybersecurity industry. Worldwide spending on security solutions is expected to achieve a growth rate of 9.2 percent over the 2018-2022 forecast period and total $133.8 billion in 2022. The average cost of an attack, meanwhile, ranged from $108,000 for an SME to $1.4 million for a large enterprise.

We can be certain that the year 2020 will be another hectic one for cybersecurity professionals. As ever, cybercriminals will modify their strategies, particularly as more and more organizations migrate to the public cloud and 5G networks finally begin to come online.

As we do every year, Kaspersky has delved into its collective knowledge base to identify key cybersecurity trends for the year ahead.

Confusion in the cloud

ICT departments are transitioning rapidly from on-premise models to assets deployed in the public cloud. As this migration takes place, there is a possibility that gaps may appear incorporate cybersecurity strategies. Organisations embracing the public cloud as they transform their ICT infrastructure should understand that they will retain at least partial responsibility for security of their data even after it has been migrated. It is up to both providers and users to keep cloud located data safe and responsibilities must be clearly defined in contracts between providers and customers. While agreements should be read closely, customers should assume that they are responsible for protecting the operating systems, applications and data that they themselves deploy in the cloud.