Emerging Trends in Cybersecurity
Since time immemorial the world has been concerned with security. Until the digital age, there has been a greater emphasis on physical security. With Digital Security, there is a concern about how computing, software, and Information and Communications Technology (ICT) in general may impact both the physical world as well as digital assets.
Digital Security consists of many things including leveraging ICT systems to monitor and control assets as well as the protection of digital assets with the latter often being referred to as Cybersecurity.
After personnel, most companies claim data as their greatest asset. The 21st century is witnessing increasingly more frequent and sophisticated cyber-threats upon corporate data, causing a strain on both the security of corporate systems as well as the privacy and security of their customers and entire supply chain.
Accordingly, major corporations will invest billions in cybersecurity products and services during the next decade. Over this same period there will also be a significant build-out of digital infrastructure including those that rely upon various Cloud Technology elements. Emerging technologies in the areas of Big Data, Analytics, and the Internet of Things (IoT) will all need Cybersecurity protection.
In addition, Artificial Intelligence (AI) is emerging as both as supporting technology for Cybersecurity as well as an area that will require protection as AI will increasingly be relied upon for important decisions, many of which will be made autonomously in the background, unbeknownst to many businesses and almost all consumers.
We see Cybersecurity as one of the key foundation technologies for the early 21st century along with AI, Big Data, IoT, and ongoing improvements in Broadband Wireless such as 5G.