INTELLIGENT BRANDS // Enterprise Security
Safe Security expert makes 2022 cybersecurity predictions
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Saket Modi , CEO and Co-Founder , Safe Security , provides us with his cybersecurity predictions for 2022 .
Predictions overviews :
• The first phygital catastrophe is coming : A central mission-critical application will go down and create a ripple impact across businesses and for consumers around the world . For example , a hack on a major central system like an Internet gateway , public cloud provider or a healthcare system like Epic will impact millions of people and we will see the physical ramifications in our everyday lives . Healthcare could be upended , businesses unable to provide digital services , flights cancelled , food and supplies not delivered and more .
• The consumerization of cyberattacks will rise for easier wins : The attack perimeter is becoming more personal , and the consumerization of attacks will rapidly increase . For example , the last iOS update alone had 11 zero-day attacks . Hackers will amplify attacks on mobile apps and people . This issue will proliferate because as zero-day attacks are rising , consumer cyber-awareness and the steps people need to take to protect themselves have not increased in tandem .
• Cybersecurity and data science fields will unite : Cybersecurity and data science have been disconnected fields that served two distinct purposes , but they will come together to help organizations better understand and proactively protect against increasing threats . The fields will collide and continue to grow together out of necessity , as application creation and enterprise data continue to explode and dramatically expand the attack surface .
• Cyber insurance will be mandated : In the next 12 months , the quantum of cyber insurance needed to protect against ransomware and other attacks will be mandated , at least in some geographic regions and industries . In a similar manner to requiring everyone to have auto liability insurance , high at-risk industries will be mandated to have a minimum level of cyber insurance . For example , companies may be required to have insurance to cover at least 2 % of their annual turnover . In the next five years , almost all industries and geographic regions will mandate cyber insurance .
• A healthcare cyber regulator will be established : Healthcare continues to be the most targeted and attacked vertical , putting consumers at risk while not effectively protecting itself . A healthcare regulator or governing body will be put in place soon , like the SEC for the highly regulated financial services industry , to help strengthen the healthcare industry ’ s security and consumer protection .
• More cybersecurity services will be sold by non-cyber companies in the next five years : Cell Phone service providers and device manufacturers will embed Cybersecurity-as-a-Service into their plans to help consumers manage their security . Businesses will purchase cybersecurity offerings within their IT plans to protect employees and infrastructure . A large chunk of cybersecurity , both personal and enterprise , will be sold by large technology companies rather than solely through cyber vendors . p
Saket Modi , CEO and Co-Founder , Safe Security
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