The rising cybersecurity threat is concerning, and it is an ongoing battle we’re not exactly ready for. If we look at the past year, we’ve seen a global rise of internet users, followed by an even bigger rise in online cyberattacks. With businesses, industries, and people entering the information age, security measures need to be stronger than ever.

Even with a top-notch cybersecurity tool, we’ve seen cyberattacks on bank databases, personal information exploitation, ransomware, and much more. But that is not stopping cybersecurity tools to get better and better. As I said, it is an ongoing battle and although we cannot perceive a perfect future where all data is secured, all information is safe, we can see some steps being taken in the general direction.

2022 is approaching soon and we have yet to see the advent in the world of cybersecurity. Here are 8 cybersecurity predictions for the future that can either relax you or tense you. Let’s get started:

1. Over 75% of the world’s personal information will be governed by modern privacy laws by 2023

The world of cybersecurity is about protecting consumer privacy. The EU General Data Protection Regulation (GDPR) was the first to implement laws on such. Then came Brazil’s General Personal Data Protection Law (LGPD) and California Consumer Privacy Act (CCPA). They suggested businesses and sites manage the data collection according to their prescribed jurisdiction. They also suggested companies share what personal information is being collected and how it is being utilized.

We have seen this in a smaller capacity that if you enter a site and you see the pop-up for ‘accept cookies’, you also can see the vendors who will gain access to your site surfing information. This modern privacy law can provide transparency to users that will transform into trust towards the business. New legislations are currently being introduced and worked on.

2. Implementations of cybersecurity mesh architecture will reduce security incidents by 90% by 2024

The new technology of the cybersecurity mesh tool covers a greater horizon in identification and gives a new view of security. The tools are being tried and tested and have proven to reduce cyberattacks and malicious attacks. Further tests are in progress and the features are rolling out for an improved surfing experience for the user.

3. 30% of organizations will use Cloud-delivered Secure Web Gateway (SWG), Zero Trust Network Access (ZTNA), Cloud Access Security Brokers (CASB), and Firewall as a Service (FwaaS) capabilities by 2024

To understand these, we need to go over them in layman’s terms.

• Secure Web Gateways (SWG) are designed to keep tabs on websites to offer advanced network protection. It goes deep into the website’s policies and information and determines whether it is safe to surf or give permission to the site or not.
• Cloud Access Security Broker (CASB) is a facilitator that helps enterprises develop a cloud-based system by suggesting security measures and protocols implemented. The word ‘broker’ is the key to understanding CASB.
• Zero Trust Network Access (ZTNA) is a service that creates a logical or context-based boundary around an application.
• Firewall as a Server (FwaaS) is a service that gives an advanced layer of protection to your existing firewall settings.

You’re in safe hands as these features will be implemented by 2024.

4. 60% of organizations will assess third-party transactions and business engagements using cybersecurity risk

Venture Capitalists and Investors are assessing the cybersecurity risk of an enterprise as a method of checking opportunities. They are assessed through security ratings and questionnaires. It is resulting in a more secure investment as users get extra security during third-party transactions and engagements.

5. By the end of 2025, 30% of states will pass laws on regulating ransomware payments, fines, and negotiation

This number is currently 1% in 2021 but is seeing a gradual increase. Ransomware is a major threat to the user’s security and this globalized step will help in prevention and protection.

6. 40% of boards of directors will have a dedicated cybersecurity wing governed by a qualified board member by 2025

It is high time for organizational heads to create a separate wing for security measures. Instead of an ‘IT guy, having a cybersecurity wing that is at work every single day, revitalizes the customer’s trust in the enterprise.

7. 70% of CEOs will mandate a culture to survive coincident cyber threats, civil unrest, and political instabilities by 2025

Companies will now bring products to market that are assessed rigorously on a cybercrime scale. Especially for startups, this can help secure their place in the customer’s eyes.

8. Threat actors will have a weaponized technology environment that will cause human casualties by 2025

These threats can not only bring online damage to the security and protection but to the company as well. If the users see a loss of data, they are bound to protest the company, which could go up to lawsuits, change of management, physical threats, and much more.

Conclusion

These predictions can be perceived as a preparation for the future or retaliation from the internet world. You cannot deny the importance of the online world, which is why we need to prepare for the future by making these predictions and equipping ourselves.