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What is the future of cybersecurity?

09 June, 2022

Despite being an integral part of modern life, there are still many people (and companies!) who don't understand the value of cybersecurity. Indeed, even the US Government didn’t consider cybersecurity an issue worthy of a national strategy until around 2003.

In recent years, due to lockdown restrictions, businesses have increased their reliance on technological and digital solutions faster than ever. They have allowed businesses to operate in new ways in order to not only survive but also to thrive. However, they have also created new avenues for attack.

Cybercriminals are adaptable and often ahead of the curve, in a rapidly changing world, they are constantly developing new methods of deception. Just last year, fake NHS emails and texts were sent out by scammers taking advantage of the COVID-19 pandemic.

Because criminals are constantly developing new scams and more sophisticated attacks, businesses must invest more heavily in cybersecurity solutions and processes. But, what does the future hold for cybersecurity?

The future of cybersecurity

Many of us are playing catch-up in the war against cybercrime. Take the increasing problem of ransomware and finding solutions to protect businesses from these attacks, for example, or closing the skills gap within the cybersecurity industry.

The International Data Corporation even estimated that worldwide cybersecurity spending will reach around $175 billion by 2024.

The future of ‘The Cloud’ and Artificial Intelligence

Cloud computing has provided numerous benefits, including cost savings, efficiency, and sustainability. However, because of the large amounts of data and personal information stored, it is another service that cybercriminals are targeting. As cybercrime evolves, it is a service that necessitates ongoing security training and awareness.

Artificial intelligence (AI) will greatly assist in cybersecurity; AI technology can identify threats and patterns much faster than traditional security processes. The downside of AI's rise is that it is also being used by cybercriminals to help improve their strategies. As a result, as AI is used more in attacks, we can expect to face more severe and frequent cyber threats in the future.

Read our recent blog for more information on the impact of AI on cybersecurity.

But what does this mean for you?

As the world around us continues to advance technologically, we must also remain vigilant and aware of cybersecurity trends.

Human error is one of the top risks that criminals target, so businesses must continue to develop stronger cyber risk management frameworks; this means having highly effective cybersecurity training for all employees.

Regular updates should be included within training solutions to not only incorporate the most recent cyberattack trends but to also raise employees’ awareness of the most pressing cybersecurity concerns that are emerging.

At Bob’s Business, we provide tailored and innovative training products to make sure your employees are armed against the cybersecurity revolution.

Book a free consultation with one of our specialists to discuss your training needs today.

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Global Cyber Alliance