The Future of Security – How Vulnerable Is Tomorrow’s Data?. Despite all the advancements in data security, most companies are still vulnerable. Last year, 80 percent of US businesses were compromised, according to Microsoft Office’s – most of them small businesses. She expects a sort of hybrid system of human and machine intelligence – but warns the innovations in cyber security may end up being used against businesses in the future. Another growing problem with data security today – and its emerging solution – is the tendency to stitch together security products to secure a business’s digital environment. Compliance and Consumer Privacy As we approach May 2018, when the GDPR, the General Data Protection Regulation, will go into effect in the EU, many businesses in the European Union are focusing on becoming compliant with the new rules for enhancing consumer privacy. Steps Towards a More Secure Future While culture shifts and innovations like biometrics and products with build-in security offer businesses more today in terms of powerful, affordable protection, there are still important steps that every organization must take to prevent data hacking. For small to mid-sized businesses, this is one of the most important advantages of cloud-based technology. With the use of machine intelligence, stronger encryption measures, and by shifting to products with in-built security, businesses are certainly outpacing the cyber criminals. Those businesses that do take advantage of the technology available today to improve data security are the ones that are less likely to become compromised in the future.
This post is sponsored by Microsoft Office.
One of the most important topics in business today is security.
Despite all the advancements in data security, most companies are still vulnerable. Last year, 80 percent of US businesses were compromised, according to Microsoft Office’s – most of them small businesses.
The cost of cyber attacks is at an estimated $4 billion dollars every year, with a loss of $3 trillion in global market value.
Data vulnerability is a huge problem today. How will cyber security improve for tomorrow? What steps can businesses take to ensure they are fully protected?
Are Data Breaches Going to Be Inevitable?
With all that organizations can do to protect their data, and by extension that of the consumer, why do cyber criminals still wield so much power? One of the problems is the technology itself. As it evolves, so do the cyber attacks.
When asked about the future of security over the next few years, cyber intelligence advisor Dr. Jessica Barker predicted more automation and machine learning with less reliance on people.
She expects a sort of hybrid system of human and machine intelligence – but warns the innovations in cyber security may end up being used against businesses in the future. Cyber criminals will simply figure out a way to hack the machine learning.
Where Security and Privacy Are Headed
Even with the constant race between cybersecurity experts and hackers to outwit one another, there are data security innovations that indicate a more secure future.
In the webcast Bret Arsenault, Microsoft’s Chief Information Security Officer, explains that with the technology available today, it is possible to enhance both user experience and security.
Instead of relying on passwords and security cards to access data, it is the use of biometrics that is leveling the playing field in favor of businesses. Fingerprints, iris detection, and other biometric security identifiers make it easier to integrate user access while making data more secure.
Hackers may have methods for figuring out someone’s password or security question answers. Recreating bio-identifiers is one very large step closer to impossible.
Another growing problem with data security today – and its emerging solution – is the tendency to stitch together security products to secure a business’s digital environment. This becomes a particular challenge for small businesses, which is part of why so many are left vulnerable.
The solution is to use products that already have security built-in. This type of software is…
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