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Potential Security Trends in 2020

by msecadm4921

Protecting our personal and business information is as relevant as ever, especially with the rise in prominence of cyber security threats in the last decade. Indeed, the vulnerability of our data is perhaps is biggest hidden cost of the digital age and being more connected. So, with this in mind, these are the main security trends that we are most likely to observe in 2020.

A growth in cloud-based security

Cloud storage services like Dropbox and Salesforce have made their name on the security of sensitive business and personal data. And this form of digital protection isn’t likely to go anywhere in 2020, with around 75% of companies will be using cloud-based applications by the end of the year. This perhaps isn’t the most surprising trend when considering the advantages of cloud security such as lower business costs, better protection performance, and superior threat detection.

Data Encryption Improvements

With cyber hacks getting more and more ambitious and advanced, this trend might be a necessity for data protection in 2020. Luckily, there have been many recent advancements in data encryption technology that should begin to flourish this year. These involve developments in leading privacy technologies, as well as ring signature and zero-knowledge proof and distributed ledger technologies.

Greater demand for Cyber Security talent

By 2021, there is expected to be 3.5 million unfilled jobs relating to cyber security globally, which is up dramatically since the start of the last decade. In turn, this demand is leading to a significant rise in the number of security-training companies, as a certification in this sector is likely to provide almost certain employment in 2020.

The rise of the Cyber Insurance industry

Once again, this trend is growing hand-in-hand with the increase in cyber threats, as it’s leading to the need for new forms of protection for small and large companies alike. Whilst there are several measures that businesses themselves can take to secure their data, there is still millions of dollars lost each year to cyber-attacks. So, many are now turning to insurance regardless of their digital security, which means that the cyber insurance industry is expected to double, maybe even triple in 2020.

Given how significant this potential growth is, this could very easily be the most notable security trend of the entire year.

 

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