Today’s organizations face a cyber security landscape that is more difficult to navigate than ever before. To shed light on what lies ahead and help businesses better prepare for emerging threats, Experian Data Breach Resolution released its fifth annual Data Breach Industry Forecast with five key predictions for 2018.
“Our threat landscape is constantly evolving, making it increasingly difficult for businesses to mitigate risk,” said Michael Bruemmer, vice president at Experian Data Breach Resolution. “It’s critical that businesses learn what’s on the horizon and incorporate these threats into their incident response plans.”
Top five predictions
Attacks expand from the digital to the physical: The U.S. may experience its first large-scale attack on critical infrastructure, disrupting governments, companies and private citizens.
GDPR takes effect: Failure to comply with new EU regulations will result in large penalties for U.S. companies.
Governments may continue to be prime for attack: Perpetrators of cyber attacks will continue to zero in on governments – this could lead to a shift in world power.
Artificial Intelligence shakes up authentication: Attackers will use AI to render traditional multi-factor authentication methods useless.
Securing our connected world calls for new protocols: Vulnerabilities in Internet of Things (IoT) devices will create mass confusion, leading to new security regulations.