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Cybersecurity trends every business owner needs to know about

Dec 6, 2023 | Cybersecurity

In today’s age, the business world is becoming increasingly digitized, and companies are constantly dependent on technology for their operations. This dependence, however, is accompanied by the triumph of cyber threats, making cybersecurity an absolute necessity for businesses, regardless of size or the industry in which they operate.

That’s why here is a list of some of the key emerging trends in cybersecurity that every business owner should consider.

Extended Detection and Response (XDR)

XDR is a relatively recent security technology trend that consolidates multiple security products into a cohesive security incident detection and response platform. XDR not only detects threats but also responds by either mitigating the threat or alerting a human analyst for intervention. It amalgamates data from numerous control points, integrates multiple technologies like endpoint protection, threat detection, and incident response. For business owners, XDR provides the benefits of simplified security incident detection and response, reducing the likelihood of enterprise data breaches.

Cybersecurity Mesh

According to Gartner’s Top Security and Risk Trends for 2021, cybersecurity mesh is gaining attention. This concept allows people to place the security wall around individuals rather than the entire organization. Especially beneficial for businesses following remote working, it enables more flexible, responsive security approach by centralizing the policy orchestration and distributing policy enforcement.

Increase in Artificial Intelligence (AI) and Machine Learning (ML) in Cybersecurity

AI and ML are increasingly being utilized to detect potential threats and respond to them quickly. AI/ML can learn from previous data and predict patterns or irregularities that might signify an attack. This can significantly reduce response times and even prevent cyber-attacks, thereby offering a proactive approach to cybersecurity.

Privacy-Enhancing Computation

As organizations become more data-centric, safeguarding sensitive information is becoming more critical than ever. Privacy-enhancing computation techniques offer new ways to share, process, and collaborate with data, without exposing the actual raw data. It provides organizations a secure platform for collaboration and data exchange, even in untrusted environments.

SOAR (Security, Orchestration, Automation, and Response)

SOAR is a stack of compatible software programs that allow businesses to collect valuable data about security threats from multiple sources. It helps businesses to respond to low-level security events without human intervention, thus increasing efficiency and reducing reaction time.

Zero Trust Security

This strategy operates on the principle of “never trust, always verify,” regardless of whether the request comes from inside or outside of the network. Implementing a zero-trust strategy can help businesses protect their systems from breaches by validating every request and limiting access to what is necessary.

Quantum Computing

As quantum technology becomes more attainable, there are concerns about its potential impact on cybersecurity. Quantum computers could render current encryption methods ineffective, leading to a need for quantum cryptography or other quantum-safe encryption methods.

In summary, with cyber threats becoming sophisticated and relentless, businesses must remain current with the evolving cybersecurity landscape and adopt a proactive and adaptive approach to safeguard their digital assets.

Staying informed about these trends will not only help you protect against cyber threats, but also help you leverage these developments to drive your business growth.

Remember that cybersecurity is not a destination, but an ongoing journey.

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