By: Michael Au, President South Asia & Japan, Gemalto
From the record-breaking number of data breaches to the implementation of the General Data Protection Regulation (GDPR), 2018 will undoubtedly go down as a memorable year for the cybersecurity industry. And there have been plenty of learnings for both the industry and organisations too.
Unfortunately, while the issue around protecting data has grown more prominent, the methods to achieving this are still misguided. Put simply, businesses are still not doing the basics when it comes to data protection. This means protecting the data at its core through encryption, key management and controlling access. In Gemalto’s latest Breach Level Index 945 data breaches led to 4.5 billion data records being compromised worldwide in 1H 2018. APAC alone accounted for 339 incidents – behind North America at 559 incidents but dwarfing the number of breaches in Europe (36) , the Middle East (7) and Africa (3). With such a large percentage still unprotected, businesses are clearly still playing catch up.
So, moving on from last year, what might the next 12 months bring the security industry? Based on the way the industry is moving, 2019 is set to be an exciting year as AI gains more prominence and, quantum and crypto-agility start to make themselves known.
Quantum Computing Puts Pressure on Crypto-Agility
Next year will see the emergence of the future of security – crypto-agility. As computing power increases, so does the threat to current security protocols. But one notable example is encryption, the static algorithms of which could be broken by the increased power. Crypto-agility will enable businesses to employ flexible algorithms that can be changed, without significantly changing the system infrastructure, should the original encryption fail. It means businesses can protect their data from future threats including quantum computing, which is still years away, without having to tear up their systems each year as computing power grows.
Hackers will launch the most sophisticated cyber-attack ever using AI in 2019
Up until now, the use of AI has been limited, but as the computing power grows, so too do the capabilities of AI itself. In
Growing importance of digital transformation will see the rise of Cloud Migration Security Specialists in 2019
As organisations embrace digital transformation, the process of migrating to the cloud has never been under more scrutiny; from business leaders looking to minimise any downtime and gain positive impact on the bottom line, to hackers looking to breach systems and wreak havoc. As such, 2019 will see the rise of a new role for the channel – the Cloud Migration Security Specialist. As companies move across, there is an assumption that they’re automatically protected as they transition workloads to the cloud. The channel has a role to play in educating companies that this isn’t necessarily the case and they’ll need help protecting themselves from threats. It’s these new roles that’ll ensure the channel continues to thrive.
A boardroom issue that needs to yield results
With 2018 fast disappearing, the next year is going to be another big one no matter what happens, as companies still struggle to get to terms with regulations like GDPR. With growing anticipation around the impact of technologies like quantum and AI, it’s important that companies don’t forget that the basics are just as vital, if not more, to focus on. So, while 2018 has been the year where cybersecurity finally became a boardroom issue, 2019 needs to be the year where its importance filters down throughout the entire company. For an issue like cybersecurity, the company attitude towards it needs to be led from the top down, so everyone buys into it. If that happens, could next year see no breaches take place? Extremely unlikely. But maybe it could be the year the industry starts to turn the tide against the hacking community.