Cyber attacks frequently harm regular consumers, but their impact on businesses can be far more pronounced because of the fact that this is the sort of thing that could potentially end up hindering their financial progress. In the interests of helping businesses better understand some of the threats that they are facing, Gartner has just announced eight predictions that it is making for how cybersecurity might change or evolve over the next year or so.
The first prediction that Gartner has made in its recently published report is that around 5 billion global citizens will be covered by some kind of privacy rights by 2023. Governments are rolling out countless regulations to reign the tech industry in, and they will account for around 70% of the GDP of the entire world with all things having been considered and taken into account.
With all of that having been said and now out of the way, it is important to note that the second prediction goes all the way to 2025. It states that by 2025, the vast majority of enterprises, or 80% to be precise, will have coalesced their web services, cloud service and private applications into a single vendor platform. The integration of various protocols and centralization can help beef up cybersecurity because pooled resources can be many times greater than the sum of their disparate parts.
Zero trust is also gaining popularity among various organizations, with an estimated 60% of them projected to use it as a form of identity and access management. In spite of the fact that this is the case, only about half of these companies will see real benefits from the investment according to Gartner simply because it is challenging to balance the needs of hybrid cloud security and shared responsibility cloud providers like Amazon.
A similar proportion of organizations, 60%, are predicted to start using cybersecurity risk as the main factor to consider when deciding on whether or not to conduct commercial transactions and engagement with third parties. The use of third parties is quite commonplace, but only 23% of the focus of risk management ends up going towards them. That might lead to numerous vulnerabilities getting exposed and exploited which explains the need for gauging risk by factoring in cybersecurity among other things.
A major change that is predicted to occur by 2025 is a massive increase in the percentage of ransomware transactions that will be regulated. In 2021, only around 1% of ransomware transactions including fines and payments were regulated, and by 2025 this percentage is expected to increase all the way to 30%.
However, simply focusing on the financial end might not be enough since a rather concerning prediction in this report is that malicious actors will have become advanced enough to cause loss of human life by 2025. They will do so by taking control of operational technology and turning it into a weapon. Only about 35% of threats to operational technology currently get successfully detected which leaves the playing field wide open for threat actors to fine tune their skills. Something must be done about this otherwise critical infrastructure might end up in the wrong hands.
Read next: Here’s How Much Stolen Data is Sold For on the Dark Web
The first prediction that Gartner has made in its recently published report is that around 5 billion global citizens will be covered by some kind of privacy rights by 2023. Governments are rolling out countless regulations to reign the tech industry in, and they will account for around 70% of the GDP of the entire world with all things having been considered and taken into account.
With all of that having been said and now out of the way, it is important to note that the second prediction goes all the way to 2025. It states that by 2025, the vast majority of enterprises, or 80% to be precise, will have coalesced their web services, cloud service and private applications into a single vendor platform. The integration of various protocols and centralization can help beef up cybersecurity because pooled resources can be many times greater than the sum of their disparate parts.
Zero trust is also gaining popularity among various organizations, with an estimated 60% of them projected to use it as a form of identity and access management. In spite of the fact that this is the case, only about half of these companies will see real benefits from the investment according to Gartner simply because it is challenging to balance the needs of hybrid cloud security and shared responsibility cloud providers like Amazon.
A similar proportion of organizations, 60%, are predicted to start using cybersecurity risk as the main factor to consider when deciding on whether or not to conduct commercial transactions and engagement with third parties. The use of third parties is quite commonplace, but only 23% of the focus of risk management ends up going towards them. That might lead to numerous vulnerabilities getting exposed and exploited which explains the need for gauging risk by factoring in cybersecurity among other things.
A major change that is predicted to occur by 2025 is a massive increase in the percentage of ransomware transactions that will be regulated. In 2021, only around 1% of ransomware transactions including fines and payments were regulated, and by 2025 this percentage is expected to increase all the way to 30%.
However, simply focusing on the financial end might not be enough since a rather concerning prediction in this report is that malicious actors will have become advanced enough to cause loss of human life by 2025. They will do so by taking control of operational technology and turning it into a weapon. Only about 35% of threats to operational technology currently get successfully detected which leaves the playing field wide open for threat actors to fine tune their skills. Something must be done about this otherwise critical infrastructure might end up in the wrong hands.
Read next: Here’s How Much Stolen Data is Sold For on the Dark Web
