What does the future of cyber look like? Who would be better equipped to answer this question than Trend Micro’s Vice President Security Research Rik Ferguson (in picture), who is one of the leading experts and a globally renowned thought leader in cybersecurity.
In December 2018 Trend Micro published its security predictions for 2019 and beyond highlighting the advances in artificial intelligence and machine learning as the biggest trends expected to have an impact on technology and security. This is brought about by the ever-growing volume of data that can be processed and analysed; the continued adoption of cloud computing by enterprises the world over; and the developments in smart devices, homes, and factories — to say nothing of the looming 2020 rollout of 5G, the latest phase of mobile communications geared toward further increasing internet speeds. Furthermore, 2019 will be an important year for political developments including the finalization of Brexit and the holding of landmark elections in several countries. These technological and socio-political changes will have a direct impact on security issues in 2019.
Cybercriminals are expected, as usual, to home in on these movements, where the opportunity for profit is likely, fast, and relatively easy to navigate. In 2019, the implications of digital intrusions will be more far-reaching in terms of scope and consequence: Actual fraud using breached credentials will rise, more lives will be claimed as a result of sextortion, collateral damage will be observed as countries grow their cyber presence. Morever, the success of cyber propaganda and fake news will have the power to decide the fate of nations. Consequently, for enterprises, new challenges will include the lack of skilled manpower, which will cause budget pressure as they seek expert IT security staff; outsourcing will increase. Also, cyber insurance will experience unprecedented growth, since penalties for breaches and noncompliance are also expected to grow.
During the Cyber Security Nordic event in the beginning of October 2019, Rik will share with the audience in Helsinki’s Messukeskus how the above mentioned security predictions have realized during 2019 and what have been their consequences? Furthermore, Rik will highlight the biggest security trends and risks of the near future. Do not miss this unique opportunity to hear it straight from the lead spokesperson of the global cybersecurity giant Trend Micro.
See you in October!
Kimmo Vesajoki is the Country Manager for Finland & the Baltics at Trend Micro.