Saturday, April 11, 2015

Week 5 blog: 5 Information Security Trends that will Dominate 2015

The level of cyber threats and breaches are increasing every day. Cyber criminals and hackers are getting better and more sophisticated than they were ever. The authors of this article talks about five trends that professionals need to understand and worry about to face and deal with the threats.

Cybercrime:  With all these new innovations and better network, the internet has been a great hunting ground for cyber criminals, terrorists and trouble makers. Incidents related to money, personal records and much other critical information are stolen and misused by these hackers for their personal benefits. 2014 was a great year for them since they were able to dominate the security due to their performances and moderns tools available. 2015 will be a challenging year for everyone. The article emphasizes that organization must be well prepared for the unpredictable and unforeseen events that might increase risk of hacktivism and increase the cost of recovery from these kinds of incidents.

Privacy and Regulations: According to the article, most governments have created or in process to create the law that impose organization to create regulations to safeguard and use of PII. They might have to deal with penalties if the valuable information and PII are compromised which might lead to damage in reputation and loss of customers due to security breaches.

Threats from Third-Party Providers: A large amount of information is shared during the transactions between organization and their supplier. When the suppliers share that information with a third party vendor or organization, there is no direct control of information. For example, when the attack happen in Target last year, the hackers broke the application the HVAC vendor used to submit the invoices. The hackers broke into the HVAC vendors online services and stole millions of valuable information of Target customers. Now since there is risk of information being stolen from the third party providers, it is hard for them to continue their services and provide assurance of data C.I.A. So, to be on safe side, the contracting services should work with the IT personnel to make sure the information are not compromised.

BYOx Trends in workplace: Bring your own device trend is increasing every day in organizations. Since all the personal devices comes with a lot of applications and cloud based storage, and when they are accessed in work places, organizations are seeing the increase of security risk related to valuable information from both inside and outside threats. Even though, organizations make regulations related to use of personal devices at work, employees will find a way to use it. Since this trend is increasing, organization should at least take some serious security measures to make themselves vulnerable.

Engagement with your people: And it all comes to people. The article states that people are the greatest assets and they are the most vulnerable. Organizations have been spending a lot of money educating and providing valuable knowledge about their responsibilities. Authors in the article states that organization should rather change to creating solutions and embedding information security behaviors than promoting awareness of the issues.


As a conclusion, 2015 is not going to be an easy year regarding security of information. Organization should take all the available security measures to save themselves from being a victim from cyber threats and hackers.

References:

http://www.cio.com/article/2857673/security0/5-information-security-trends-that-will-dominate-2015.html

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