Cybersecurity: Year 2019 in Review

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Being an ongoing controversy California Consumer Privacy Act, we have filtered through many reports on Cybersecurity and data violation predictions for 2020. The act is driven by commendable objectives to safeguard Californians’ data and to prevent wrongful uses of it. The law forces intimidating monetary fines above $7500 for per intentional data violation and $5200 for unintentional violation. The code is imposable, especially against the firms that handle public data violation and are prone to misuse these data for fraudulent purposes or sell them on the dark web-based in California City. The main drawback is that every US city has a privacy law of its own; each one will have to comply with all the other ones and fill the space for overlapping and sometimes face rude penalties and criminal prosecution for a data violation.

The laws are suffering from ever-growing and developing regional, national, and transnational regulations in 2020, which might become a year when the state of Cybersecurity will decrease to a lot of extents. And also Cybersecurity experts may disapprove of Cybersecurity laws in full swing, because till now it has been seen that Cybersecurity laws are never comprising of the needs of the ordinary people and data violation, and has been insufficient to provide people with their right to security o their data violation of credentials, address, usernames and passwords. Throughout 2019, the threat that dark web poses could not be decreased even a bit. The cybercrimes rate has increased in this year exponentially than the previous years.

Image Source: images.techhive.com

By looking into the reports by the eminent Cybersecurity expert firms, we can present a reliable prediction of how the scene of Cybersecurity would be in 2020; Attacks on the supply chain has gone up by 78%, says Symantec. Competitive and successful businesses are usually distinguished by a high level of proficiency and specialization, concentrating all available resources to attain excellence in a particular market to outpace competitors. Traditional digital assets, such as network or web servers, are usually well stocked up. Still, RESTful API and hybrid cloud applications, web services, and business-critical data hosted on external platforms – are just a few examples of mushrooming digital assets of a modern-day attack surface that remain unattended. We cannot protect something if we don’t know about the matter in-depth, the same happens with these traditional assets. They are never maintained with the correct measures taken as the lawmakers don’t have in-depth knowledge about those assets, their blueprint and their pitfalls. In summary, as organizations upgrade their IT and leave behind a trail of hazy digital unknowns, whether in-house or external, the easier and faster it is to break in.

IBM has said the average time to recognize a breach in 2019 was as high as 206 days. Even worse, such attacks are often detected both due to their worldliness and lack of knowledge amid the targets, being suddenly reported by security researchers or reporters and astonish the data admins. Cybercriminals are well aware of this low-hanging fruit and will continue to purposely target this weakest link to get your data, trade secrets, and intellectual property. 61% of organizations have experienced an IoT data breach in 2019, according to CSO Online by IDG. The global exponential growth of IoT and connected devices, usage of public cloud, PaaS, and IaaS greatly paces up the business operations and enables rapid growth. Naturally associated, and often unnoticed, is the increase in an organization’s external attack surface.

cyber-security

Image Source: echalliance.com

To put it in a nutshell, an external data breach attack surface is made of all digital assets of the firm that attackers can access the Internet and get access to your organization. Generally, we must educate ourselves and gather specialized knowledge on how to recognize data theft attacks and how to prevent that because prevention is better than cure.

Source: The Hacker News


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