By 2024, the collective cost of data breaches will reach $5 trillion, according to a study by Juniper Research. The study predicted this astronomical amount will be the result of an increase in fines due, in large part, to the General Data Protection Regulation (GDPR), California Consumer Privacy Act (CCPA) and any other data privacy laws that come up in the next five years.
However, we should also expect to see a 70 percent rise in cybercrime during that time period — another reason for the spike in data breach costs. The study anticipated artificial intelligence (AI) will be responsible for much of the increase, not just because more organizations will rely on AI in the future, but also because threat actors will utilize the technology to launch advanced cyberattacks.
This, of course, is all predictive — probably accurate based on the history of cyberthreats — but it also raises the question: What is the future of cybercrime? What will the threat landscape look like, not so much in five years, but in one or two? The more we know about what the future will look like, the more accurate threat analysis will be.
What Today’s Threat Landscape Can Tell Us About Tomorrow
Looking at the technology of today can guide predictions for the future. Technology that is in the earliest stages of popularity is at its safest point — the ideal time for organizations to build out predictive threat analysis.
For example, most of us remember how malware attacks used to be ..
Support the originator by clicking the read the rest link below.
