75% of the Fortune 500 will treat vendor risk management as a Board-level issue by 2020. The other area to focus on - mental health - may not be talked about as much, but in unprecedented times like those we’ve experienced in 2020, it’s more important than ever to support employee’s need to rest, reflect, and spend time offline. That leaves cybersecurity professionals in a tricky position in 2020: Fragmented security software is going to leave networks vulnerable, and adding additional tools that don't communicate with existing ones will only make it harder for IT to keep up with already burdensome cybersecurity workloads--but the biggest perceived threats can bypass those tools with ease. Welcome to a new epoch of cybercrime. Cybersecurity Statistics for 2020 – Trends, Insights, & More! The platform’s ability to simplify even the largest enterprise continuous assessment projects has organizations achieving audit, risk, third-party, and regulatory compliance objectives with remarkable results. He's an award-winning feature writer who previously worked as an IT professional and served as an MP in the US Army. Add to Calendar 2019-12-04 09:30:00 2019-12-04 12:30:00 Europe/London Airmic academy: The Top 5 data privacy and cybersecurity risks for 2020 Ankura will share their benchmarking insights cross sector based on interaction, engagement and consultation with diversified stakeholders, professional advisers, regulators and policy makers. CyberSaint’s CyberStrong platform empowers teams, agencies, and government leaders to measure, report, and mitigate risk with agility and alignment, even in the most uncertain times. Both of these examples of opportunities for cyber incidents are what most would describe as human error. In times of crisis and uncertainty, cybersecurity teams must stay alert and proactively work to make sure that employees across their organization are not caught with their guard down. Hav e you noticed that December and January seem filled with cyber security “ predictions ” of things that may happen in the coming year? Strengthen your organization's IT security defenses by keeping abreast of the latest cybersecurity news, solutions, and best practices. Some businesses are approaching this issue by asking suppliers for reports on how they have changed their cybersecurity risk management strategy to accommodate these changes. Top 10 Considerations for Assessing Cybersecurity Risks (GSX+ 2020) September 22, 2020. Weaponized email attachments and links (74%) 2. Share: ... equipment and other IoT devices also means there are many new risks and endpoints to manage and secure. The Top Six Cybersecurity Trends for 2020 Anthony Diaz, Optiv’s Division Vice President for Emerging Services, understands the cybersecurity challenges contemporary organizations are dealing with: “As we look beyond 2019 and into 2020, we have a solid idea of what threats the industry is facing, and not just ransomware and phishing attacks, but new, hard-to-combat threats. Attacks that target web browsers need not infiltrate a network, weaponized email attachments can affect an individual machine and cause great damage without alerting traffic analysis, and ransomware can come from various sources and lock down a system without raising flags until it's too late. ... Stay on top of every property with our energy analytics platform. The DDoS attack on Health and Human Services was only the beginning. Delivered Tuesdays and Thursdays. Top Five Cybersecurity Trends for 2020. In the wake of the COVID-19 pandemic, the catalyzation of digital transformation and the ripple effects on businesses ... 2020 brought a lot of unforeseen circumstances with it. The risk and severity of cyber-attacks have clearly grown over the past few years. Malware encompasses a wide range of cybersecurity threats including backdoors, downloaders, worms, viruses, or trojans. Facebook. 5 ways tech is helping get the COVID-19 vaccine from the manufacturer to the doctor's office, PS5: Why it's the must-have gaming console of the year, Chef cofounder on CentOS: It's time to open source everything, Lunchboxes, pencil cases and ski boots: The unlikely inspiration behind Raspberry Pi's case designs, Weaponized email attachments and links (74%), Banking trojans and other browser-based password hijackers (67%). AI, for example will likely be huge in 2020. Meet the hackers who earn millions for saving the web, Top 5 programming languages for security admins to learn, End user data backup policy (TechRepublic Premium), How to become a cybersecurity pro: A cheat sheet, Mastermind con man behind Catch Me If You Can talks cybersecurity, Windows 10 security: A guide for business leaders, Online security 101: Tips for protecting your privacy from hackers and spies, Cybersecurity and cyberwar: More must-read coverage. Don't focus solely on software when one of the biggest threats comes from people making simple mistakes. The CyberStrong platform is a flexible, agile system through which security teams and organizational leadership align to build cybersecurity resilience and boost productivity. A good cybersecurity posture definitely includes consolidated software, but it also prioritizes user education and training to make sure the average employee isn't leaving the door open to threats that even the best software isn't trained to see. Before doing your first assessment, however, it’s essential to keep up-to-date with where adversaries are targeting and to understand the risk that comes with changes in the current landscape. "Lack of consolidation is the dominant practice, [but] most organizations view it as a core problem that must be solved.". Top cyber security risks for 2020 ; Top cyber security risks for 2020 . Knowing where you stand against cybersecurity best practices and then remediating effectively are two steps to boost security across organizations, as detailed in a previous post. Understanding Bash: A guide for Linux administrators, Checklist: Managing and troubleshooting iOS devices, Why corporate boards are unprepared to handle cybersecurity risks, Comment and share: 3 biggest threats cybersecurity professionals are facing in 2020. Advanced protection is defined in the report as SEIM software, network traffic analytics, and EDR/EPP products. The report, which predicts security trends for 2020 based on responses from cybersecurity professionals, finds that that most are planning to roll out advanced protection products in 2020. The interconnected risks that have been fueled by the events in 2020 are requiring greater oversight from information security and cybersecurity teams, security and risk leaders, and executive management from the C-Suite to the Board of Directors. Ultimately, cybercriminals are looking to exploit areas of weakness - whether it’s forgetting to turn on 2FA or clicking on a link in a seemingly innocent email. Copyright © 2020 CyberSaint Security. Those numbers don't bode well for the cybersecurity world. Adobe Stock. Technologies like Artificial Intelligence, Machine Learning, and 5G will likely vastly affect and impact the cybersecurity landscape next year. ... it will continue to be a big cybersecurity threat in 2020. ... ISACA’s 2020 State of Cyber Security study found that 62 percent of respondents said their cybersecurity team was “understaffed”. In addition, linking the reality of cybersecurity risks to impacts on the bottom-line - and measuring Return on Security Investment (ROSI) if possible - is critical while trying to maintain growth and financial stability during economic uncertainty and still managing cybersecurity risk. The National Institute of Standards and Technology (NIST) is the U.S. Commerce Department’s non-regulatory agency responsible for developing the NIST Cybersecurity Framework. Organizational leadership must be confident that their business will be able to maintain operations regardless of environmental or cybersecurity incidents alike. However, as the technology becomes more widely implemented and accessible, more and more security … As much as security leaders hope the supply chain will promote proactive cybersecurity whenever possible, it’s best to be very realistic about what cybersecurity risk areas exist and to communicate these risks to leadership before they manifest, especially in times of economic uncertainty. There was a giant uptick in cyber threats in the digital landscape as the COVID-19 pandemic surged on. Building a healthy and balanced culture during times of uncertainty could help avoid the opportunities for cybercriminals to exploit employee mishaps - an employee’s mindset could be the difference between engaging with phishing attacks touting “Coronavirus News” or spotting that attack right away. Organizations without dedicated vendor or third-party risk teams oftentimes have difficulty assessing the posture of their supply chain. 0. Implementing a virtual awareness and training program, or holding weekly security training detailing the most common cyber attacks and how to spot them in the day-to-day may be what organizations need to stay alert and aware as change continues to occur. Focusing your efforts will help you inform your cybersecurity risk management strategy for 2020 and beyond. Chief Information Officers (CIOs) and Chief Information Security Officers (CISOs) need to have visibility into their cybersecurity posture now that the cybersecurity risk landscape has drastically changed. If possible, vendor risk management teams are encouraged to track supplier cyber risk posture with not just risk assessments, but also security controls, policies, and procedures managed in a single system of reference such as an integrated risk management solution. Creating clear incident response plans and maintaining cybersecurity governance through an integrated risk management approach is recommended for leadership regardless of the business scale. Especially for organizations that partner with a lot of small businesses, which are most at risk for cyber attacks, knowing where the security gaps in the supply chain lie are critical to directing suppliers to meet low-hanging-fruit cybersecurity best practices from multi-factor authentication to scenario planning. All Rights Reserved. Most respondents (60%) plan to add some form of breach prevention measures in 2020, but 72% of those not planning to add more software cites a similar refrain: They can barely manage the products they already have in place. If Board members fall ill or are unable to fulfill their duties, there must be a plan. Knowledge Base. 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