5 Security Trends to Watch in 2020
https://www.entrepreneur.com/article/343766
Personal and corporate privacy continue eroding away as cyberattacks and data breaches become more common. In the first half of 2019 alone, more than 4.1 billion data records were exposed in known data breaches. The average cost of data breaches for affected companies is now nearly $4 million per business.
Standing guard while our society becomes ever more dependent on technology is the $120 billion cybersecurity industry, which is expected to grow to $300-plus billion by 2024. With the coming ages of AI and IoT, we stand to benefit from having an internet-connected home, vehicle or daily schedule in order to further automate and organize our lives. But we have to ask ourselves: What are the potential hidden costs of becoming more connected? With a hacking attack occurring every 39 seconds, it’s imperative that companies have the necessary security measures in order to survive as a formidable business. With the end of 2019 quickly approaching, here are five of the top security trends to look out for in 2020.