TECHNOLOGY

PLANNING FOR 2020 CYBER SECURITY TRENDS_Ehiabhi Femi

The new year will bring a range of challenges for cyber professionals, but trying to anticipate and plan for them now will mitigate their ramifications.

To start, companies need to ensure their CFOs and other stakeholders understand the growing financial impact of cybersecurity. As security tools become more efficient, executives might be tempted to lower budget without understanding how badly a cyber attack would affect not only their day-of operations, but the business’s long term financial stability.

Additionally, the importance of a strong cyber foundation needs to be a focus in the new year. We’re seeing hackers rely on tried-and-true methods rather than chasing down the latest zero-day vulnerability, meaning routine patching and third-party partners with continuously monitored, strong security hygiene are key to protecting businesses.

Finally, the role cyber insurance will play in businesses can’t be ignored any longer. Cyber insurance is expanding to mitigate losses that come from anywhere in the supply chain, including outside of it; it doesn’t matter if you’ve been breached or if your next-door neighbor has been.

Culled from Infosec News Ireland

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.