The Information Security Forum (ISF) has announced the top global security threats that businesses will face in 2019. Among them they are cyber crimes and smart devices challenges.
Namely, according to the ISF, key threats for the coming year include:
Increased sophistication of cyber crime and ransomware
Criminal organizations will continue developing and becoming increasingly more sophisticated. In 2019, attacks on personal smart devices, such as mobile malware and mobile ransomware, are expected to increase.
The impact of legislation
Organizations do not have enough knowledge and resource to keep up with current and pending legislation. Moreover, the law is dominated by governments and regulators in nature, and is changing to national regulation when cross border collaboration is needed. Organizations will try to keep up with changes that can impact their business models.
Smart devices challenges
Organizations are using smart devices without realizing that they provide windows for attackers because of design insecurity. What is more, an increase in the lack of transparency of the IoT is expected, where corporate data can be used in ways that customers do not intend.
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It will be a problem for businesses to know what information will be leaked or secretly captured and transmitted by devices like smart phones, smart TVs. When transparency violations are revealed, organizations will held liable by regulators and customers for insufficient data protection.
Supply chain assurance
The supply chain is crucial for global business operations. However, various information is often shared with suppliers, and when that information is shared, direct control is lost.
In fact, during 2019, organizations will discover that ensuring the security of their supply chain is a lost cause. For this reason, they should focus on managing their key data and understanding where and how it has been shared, irrespective of supply chain provider.
