Every day that goes by means that cyber threats are growing in intensity, danger, and frequency. It is the unfortunate truth that organizations are failing to keep up with these new threats as they continually struggle with new and increased regulations, a terrifying skills shortage, and new innovative cyberattack methods.
If the next few years are anything like the past few have been, we will find ourselves in a hyper-connected world with an unprecedented amount of change in the world of technology in general. According to a recent report called Threat Horizon 2020 by the Information Security Forum, the following are a few of the increasing and probable threats that we will face by the year 2020 and how they will affect organizations:
- Business resilience will be ruined by cyber and physical attacks. – The report estimates that terrorists and nation-states will combine their increasingly innovative cyberattack methods with traditional military forces to launch attacks. This will disrupt cities, render vital services unavailable, and cost an unprecedented amount. As it stands now, current militaries, governments, and emergency services will be unable to respond or prevent these attacks.
- Appliances will be used as weapons. – With every new appliance having the ability to be connected to the Internet, virtually unprotected appliances such as refrigerators, dishwashers, and thermostats will be hacked and used to create power surges that will knock out power grids. These attacks will be able to bring organizations to screeching halt without power.
- Connected cars will be attacked. – Already a threat in 2018, connected cars can be used as physical threats when their systems are hacked. This includes those that control the vehicle, which means that they could be used to threaten human life and cause massive accidents.
- Malware will use artificial intelligence to amplify cyberattacks. – Cybercriminals will take advantage of the new breakthroughs in artificial intelligence to develop malware that will adapt to its environment and discover new vulnerabilities. This malware will be able to expose sensitive information and will surpass the performance of human hackers while causing massive damage.
- Satellites will be used to cause chaos.– Satellite systems will undoubtedly be targeted in the coming years, as they are an integral part of everyday life. Global positioning systems (GPS) and communication services will be rendered useless, which will put lives at risk while also making global travel virtually impossible.
- Biometrics will be compromised.– Biometric authentication technology will continue to become part of every part of organizations, but hackers will continue to learn how to overcome this technology to cause massive data breaches.
Scarily enough, these are only a few of the plausible issues that we can expect to be dealing with by the year 2020. With the insight into the future, what will your organization do to protect its data and employees?