With such high demand, cybercriminals will keep their eyes on the cloud. 4) Security Process Automation. The Anthem cyberattack affected a staggering 78.8 million people. 3 according to insurer aig, ransomware claims alone have grown 150% The most probable 2025 scenario for Cybersecurity in a Post-Truth World is that improvements in real-time deepfake and related technologies will significantly outpace detection efforts. The Future of Cybersecurity is a very interesting topic which we can discuss together. Also read: Survey Shows Cybersecurity is Main Driver of IT 'Modernization' in . AI in cybersecurity today. The report reveals both the economic potential of cyber in Africa with an estimated market value of 75 million USD in 2025 and the extent of cyber threats, especially with regards to mobile . Dec 29, 2021 | cybersecurity, soffid. Cybersecurity policy & resilience | Whitepaper. A new study by Symantec and the African Union provides a detailed analysis of the latest trends on cybercrime and cybersecurity on the African Continent. Below are seven trends shaping the cybersecurity landscape in 2022: Cybersecurity talent shortage. A research report we released last month, Cyberspace 2025: Today's Decisions, Tomorrow's Terrain, seeks to look over the horizon and beyond technical trends to anticipate future catalysts for change as . Taking into account the impact of COVID-19 on the healthcare sector, experts predict that the market might reach $125 billion as early as 2025 (Cybersecurity Ventures, 2020). Cybersecurity talent shortages. Mobile cybersecurity becoming front and center. To address this gap, the UC Berkeley Center for Long-Term Cybersecurity (CLTC), CNA's Institute for Public Research (CNA), and the World Economic Forum's Global Centre for Cybersecurity (C4C) initiated Cybersecurity Futures 2025, a global initiative that aims to shape a forward-looking research and policy agenda that is intellectually and practically robustand broadly applicable across countries and regions. Ransomware attacks will become more relentless in their quest to scale up revenue and do so fast. Around 3.5 million unfilled cyber security positions to be created worldwide by 2022. Here, we analyze the emerging threat landscape that's come as a result and what cybersecurity trends pose the most risk in 2021 and beyond. Gartner predicts that by 2025, 45% of organizations worldwide will have experienced attacks on their software supply chains, a three-fold increase from 2021. Seventy-six percent of US state chief information security officers believe that a centralized model can most . Cybersecurity workforce predictions. You will know more about the recent updates in cybersecurity and what to expect for the future. The healthcare industry is expected to spend $125 billion on cybersecurity from 2020 to 2025. This upward trend will continue in the next few years as more businesses invest in the cloud for their business operations. This brings us to the end of the write-up. (Check Point, 2021) Headline-making cyberattacks and cybersecurity trends in 2022 4 Cybersecurity 2030 will give you a better understanding of cybersecurity. Companies Mentioned AVG . Here are some of the leading cyber trends of 2022. These numbers reflect just how important it is to take precautions, particularly as remote work becomes the norm. In 2021, experts predicted a 12% bump in global cybersecurity spending to around $150 billion. Unforeseen world events have accelerated already growing trends, completely changing the work environment and bringing new cyber risks. 9. Increasingly sophisticated ransomware attacks. The trend is likely to continue beyond 2021. The cybersecurity market was valued at USD 161.07 billion in 2019, and it is expected to reach USD 363.05 billion by 2025, registering a CAGR of 14.5% during 2020-2025. Historically, corporate security architectures have been built of numerous standalone security solutions designed to address specific security risks. The magnitude of cybercrime operations and impact Seven key elements of effective secure networking: identity, security, confidentiality, visibility, resiliency, scalability and management. Aging systems. Moreover, according to some estimates, the global cybersecurity workforce will have more than 3.5 million unfilled positions by 2025. In 2022, we will start seeing more and more triple extortion ransomware, which is when a . On-demand access to ubiquitous data and information platforms is growing 11. Insurance can offset the risk of data breaches and . 1. Malware developed to infect systems to mine for cryptocurrency, cryptojacking is replacing ransomware on the watchlist of cybersecurity analysts. Due to this, businesses will increasingly use cybersecurity resilience and exposure as a determining factor in choosing who they will partner with. Most of your business transactions were happening over the internet even before the pandemic and have increased rapidly over the course of the pandemic. In 2021 more devices will be directly connected with the 5G network, increasing the risk as this connection will make the gadgets defenseless against any direct cyber-attacks. The global cybersecurity market was valued at USD 150.37 billion in 2021, and it is expected to reach a value of USD 317.02 billion by 2027, registering a CAGR of 13.37% during the forecast period 2022-2027. Cyber Insurance Trends Through 2025. Security and risk management leaders need to partner with other departments to prioritize digital supply chain risk and put pressure on suppliers to demonstrate security best practices. In 2020, ransomware attacks were more expensive than data breaches, costing companies $4.4 million on average. 4.5 Million. Ransomware. By 2025, 70% of CEOs will mandate a culture of organizational resilience to survive coincident threats from cybercrime, severe weather events, civil unrest and political instabilities. The company cites the increased complexity of enterprise networking environments, which often include a mix of legacy, on-premises infrastructure, and cloud resources, all of which need to be accessed remotely. Work-from-home Attacks. Over the next three to five years, we expect three major cybersecurity trends that cross-cut multiple technologies to have the biggest implications for organizations. Cybersecurity demands a lot of rapid change, but that highlights technology's greatest benefit: the power of automation. This article explains the top five current cybersecurity trends, and AIMultiple's predictions for future cyber-related trends to provide executives information. Cybersecurity in 2025: the skills we'll need to tackle threats of the future By Alex Bennett Tuesday 4 Crime does pay, on the dark web, that is. From 2015 to 2019, 157.40 million of healthcare records were exposed (Healthcare, 2020). Zero trust goes mainstream. All the latest cybersecurity trends that we will soon be going to witness in 2020 has been shared. Aging Systems. 1) Expanding cyber-attack surface is necessitating data security automation. As per the trends, it is expected that preventive measures will widely play a role in fighting against cybercrimes. According to Cybersecurity Ventures, the cybersecurity talent crunch is expected to create 3.5 million unfilled cybersecurity jobs by 2021, up by 350% from 1 million positions in 2014. View 3 Wired Tech Trends - Cybersecurity in 2025.pdf from HIS 2 at Illinois State University. Cyber warfare and collateral damage. Cybersecurity Trends for 2022. The ransomware global attack volume increased by 151% for the first six months of 2021 compared to the first six months of 2020. For industries like healthcare that process clients' most sensitive data, cybersecurity is vitally important. Organizations start asking how they could defend their systems and people differently. The growing emphasis on OEMs on autonomous driving and connected car systems have increased the risk of data breaching, thus augmenting the demand for cybersecurity . Some of the trends he mentions include . It will enhance the . #1. In less than a decade since cybersecurity first featured in the Global Risks report, it has emerged as one of the most important systemic issues for the global economy. Cryptojacking. The largest healthcare breach by far involves Anthem Blue Cross, an American health insurance company and the largest company in the Blue Cross Blue Shield Association. The global automotive cybersecurity market size was valued at USD 1.44 billion in 2018 and is expected to grow at a compound annual growth rate (CAGR) of 21.4% from 2019 to 2025. Experts predict that the DRM market size will expand to a whopping $4.35 billion by 2025, with a 15.12 per cent CAGR during 2020-2025. (Cybersecurity Ventures, 2020) The first half of 2021 saw a 102% increase in cybercrime involving ransomware compared to the beginning of 2020. Learn about the top 10 cybersecurity trends that will likely have an impact on our day-to-day lives. A new Intel 471 report, The 471 Cyber Threat Report; 2022-2023 Trends & Predictions, analyzes recent and commonly used tactics, techniques and procedures (TTPs) that prominent threat actors have adopted, how these threats have affected enterprises, along with predictive intelligence assessments on . Additionally, the logical air gap and simplicity. The trends for IoT, BYOD, AI, and machine learning in cybersecurity are increasing. NEW YORK, July 26, 2021 /PRNewswire/ -- The military cybersecurity market is set to grow by USD 11.12 billion, progressing at a CAGR of 9.57% during 2021-2025. New ransomware challenges. It's difficult to know where cybersecurity will stand in 2025, but several trends emerging now will likely grow by leaps and bounds as companies adapt to a continually changing world. For this article, GovCon Expert Brooks has summarized the most significant trends in cyber that are impacting the federal landscape and government this year. With cybercrime predicted to cost the world $10.5 trillion annually by 2025, up from $3 trillion a decade ago and $6 trillion in 2021, commensurate growth in cybersecurity expenditure will be crucial to keep up. This unimaginable total includes data stored in private and public IT infrastructures, in public services infrastructures, in cloud data centers, and on . 5 Trends to Watch in Cybersecurity. 26. 1 the average cost of a single data breach in 2021 was us$4.24 million, 2 a 10% increase from 2019. (Cybersecurity Ventures) By 2025, there will be 3.5 million unfilled cybersecurity jobs globally approximately the same as in 2021. For a definite answer, let us wait for the next year. Cyber threats are internet-based attempts to damage or disrupt information systems and hack critical information, using spyware, malware, and phishing. Ransomware attacks have made headlines for well over a year at this point, even making an appearance as the lead storyline in various TV shows, for good reason. According to Fintech News, COVID-19 is blamed for a 238% increase in cyberattacks in FinTech, with 80% of firms worldwide increasing their digital security infrastructures. Security Consolidation. Despite the high level of awareness of the cyber threat there is still a gap when it comes to actual insurance of the risk. 10. 10 Cyber Security Trends in 2021. Naturally, probing the lesser-known corners of intricate software has uncovered new vulnerabilities and . In 2021, cyber-attacks on various IoT devices will become a trend, which is expected to worsen shortly. 3) Focus on Cloud Vulnerabilities. In 2022, experts predict that spending will either hold steady or rise. The report offers an up-to-date . The cybersecurity unemployment rate is near zero percent and is projected to remain there for the foreseeable future. Three trends to focus on include 1) the expanding cyber-attack surface (remote work, IoT supply chain), 2) Ransomware as a cyber weapon of choice, 3) threats to critical infrastructure via ICS, OT . The world will store 200 zetabytes of data by 2025, according to Cybersecurity Ventures. 2 Cybersecurity Trends in 2025 2.1 There will be digital rights inequality 2.2 Threat information sharing will become more balanced 2.3 Digital privacy and anonymity will be a concern 2.4 There will be a massive reduction in cybersecurity professionals 2.5 Proactive prevention of threats will change The dark web has become a thriving black market where . The demand for cloud technology rose to $178 billion last year, which is 37% more than the year before. It is expected that by 2025, the cybersecurity losses will surpass 10 trillion dollars annually or twice the size of the entire IT spending worldwide in that year. 1. The lack of experienced security staff will make organizations to rely on security process automation. Ransomware is one of the most common threats to any organization's data security and has continued to increase and evolve in 2021. By 2025, the cumulative spending could be as high as $1.75 trillion. The volume of stored data will be even greater in the coming years. The Future Series: Cyber 2025 was launched Ransomware is a type of malware that denies users and admins access to files or entire networks. This trend will increase infrastructure instability. Business leaders need to be aware of the latest cybersecurity trends to protect their organization and employees. By 2025, more than 91 percent of people in developed countries and nearly 69 percent of those in emerging economies will be using the Internet. This is borne out by Gartner's research which. We will share with you the idea of the future of cybersecurity. (Cybersecurity Ventures) OK, so the Gartner says that the cybersecurity spending is expected to reach $123 billion, whereas the global cybersecurity losses are going to tally up to a Trillion dollars in 2020. Top 10 Cybersecurity Trends to Watch Out For in 2022 By Nikita Duggal Last updated on Aug 4, 2022 78777 Table of Contents 1) Rise of Automotive Hacking 2) Potential of Artificial Intelligence (AI) 3) Mobile is the New Target 4) Cloud is Also Potentially Vulnerable 5) Data Breaches: Prime target View More By 2025, 75% of companies will "break up" with poor-fit customers as the cost of retaining them eclipses good-fit customer acquisition costs. Businesses have moved to the cloud, curtesy the Covid-19 pandemic. The pandemic [] These may be considered under-the-radar today, but they are lining up to become forefront trends for cybersecurity. This report offers several scenarios and allows the reader to evaluate the outcomes of various policy choices. The APAC cybersecurity market was valued at USD 30.45 billion in 2019, and it is expected to register a CAGR of 18.3%, during the period of 2020-2025. With global cybercrime damages predicted to cost up to $10.5 trillion annually by 2025 (Cybersecurity Ventures), not getting caught in the landslide is a matter of taking in the right information and acting on it quickly.We collected and organized over 300 up-to-date cybercrime statistics that highlight:. 1. Cyber criminals are always learning methods and developing strategies to attack vulnerable systems. Gartner predicts that in 2025, more than half of companies will check the cybersecurity posture of candidate business partners to make business with. Given the shift toward social distancing and remote work conditions for many industries, cybersecurity has become a top priority for businesses. Probably the most significant factor driving this acceleration is the increasing efficiency of cybercriminals. Cybersecurity protects the network, information, and personal data from cyberattacks. Internet dependence will not just be a concept, but rather the new reality. Cybersecurity challenges are emerging not just from the commonly recognized sources - criminals, malware, or even targeted cyber-attacks - they can grow from public policies as well. The cost of containment of insider threats has increased by 114% in 2022. Ransomware Attacks Are on the Rise. The APAC cybersecurity market was valued at USD 30.45 billion in 2019, and it is expected to register a CAGR of 18.3%, during the period of 2020-2025. According to the Bureau of Labor Statistics, the cybersecurity industry is expected to grow by 33 percent between 2020 and 2030 compared to the four percent growth rate across all industries. The trend towards remote working is also accelerating the growth of mobile. Collective global spending has now reached $145 billion a year and is predicted to exceed $1 trillion by 2035. The US federal government's demand for vendor-based information security products and services is expected to increase from US$11.9 billion in FY2019 to US$15.4 billion in FY2024, growing at a compound annual growth rate of 5.3%. Cybersecurity Ventures estimates that cybercrimewill result in a total loss of $6 trillion worldwide by the end of 2021, growing by 15% per year until it reaches $10.5 trillion by 2025. The multi-factor authentication market is expected to reach $24.16 billion by 2025. Cyberspace 2025: Today's Decisions, Tomorrow's Terrain is available from Microsoft. Bring your own device (BYOD) 1. The fact remains, though, that cybersecurity is mystifying to most, and web predators can prey on the lack of knowledge these companies have. The first major cybersecurity trend of 2021 stems from 2020. Cybercrime Costs $10.5 Trillion Annually by 2025, Up from $6 Trillion in 2021; Ransomware Hits Every 2 Seconds In 2031, Up from 11 Seconds in 2021; Cybersecurity Spending To Be $1.75 Trillion Cumulatively, 2021 to 2025; 3.5 Million Unfilled Cybersecurity Jobs By 2021, Up from 1 Million in 2014 For remote workers, it's normal to switch between a range of mobile devices, such as tablets and phones, using public Wi-Fi networks and remote collaboration tools. Move beyond cybersecurity and into organizational resilience to account for broader security environments. Cyber threats are internet-based attempts to damage or disrupt information systems and hack critical information, using spyware, malware, and phishing. PHASE 1: DEVELOPING THE CYBERSECURITY FUTURES 2025 SCENARIOS In the first phase of the project, we developed a set of scenarios that portray a possibility space of "cybersecurity futures" looking forward to roughly 2025. Projections are that cybercrime will exceed $6 trillion annually by 2021 up from $3 trillion in 2015, according to Cybersecurity Ventures. The increasing confidence into public, private and hybrid data cloud paves way for new challenges. Let's take a look at the numbers. There will be a rise in web-based data. It goes without saying that your cyber-attack surface has increased tremendously over the last decade. For this reason, cyber security professionals must stay on top of emerging cyber security .
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