Due to the evolving threat of cyber attacks, cybersecurity has been the most-discussed technology to date. Everyone, from governments to private businesses, is hiring cybersecurity specialists to help them prepare for anything. In addition, interest in cybersecurity topples the intrigue of 5G, AI, Big Data, and IoT. As a result, one of the most desirable skills in tech is IT security.
High-Profile Attacks Are on the Rise
Many businesses just aren’t prepared enough for a potential cyber attack. Some of the more publicized breaches, of 2018, included those at British Airways and Dixons Carphone. Nonetheless, many businesses are not taking the proper steps to prevent a cyber attack. Based on the FBI’s Internet Crime Report, cyber attacks cost businesses a record $2.7 billion in 2018.
Blockchain Has Changed the Industry
Blockchain technology first gained prominence as the supporting technology for bitcoin. Today, it is used in a wide variety of ways from protecting smart contracts to securing peer-to-peer records. In today’s hyper-connected world, any organization with valuable digital assets stands to benefit from blockchain.
Blockchains are records that are stored in a peer-to-peer method which are independent of a central database. Since they can be stored in multiple locations, they are extremely difficult to destroy or manipulate.
Companies, such as Walmart, Amazon, and Microsoft are already using blockchain to manage their supply chain. Moreover, blockchain technology also offers advantages in the financial world providing indisputable and real-time ownership of records. And, of course, blockchain technology is often employed in cryptocurrencies. Using Azure Blockchain Workbench means making blockchain applications in a matter of days instead of months.
We Depend on Being Connected
According to the 2019 SonicWall Cyber Threat Report, there was a 217.5 percent increase in cyber attacks on connected devices. Most experts agree that the more connected you are, the more vulnerable your data becomes. Nonetheless, we all depend on being connected whether it is for work, for research, to do our banking, pay our bills, to connect with friends and family, or to watch our favorite forms of entertainment. Connecting all our devices to the Internet means we enjoy the benefits of increased accessibility and usability.
Smart technology is doing all the heavy lifting, and thinking, for us. For instance, a smart alarm clock might decide to wake you up 30 minutes earlier when it finds out that there is inclement weather coming through and traffic might be heavier. Yet, cybercriminals are also hyper-vigilant about the latest technologies and have increased their experience around attacking connected devices through malware, DoS attacks, ransomware, real-time recording, advanced persistent threats (APTs), and more.
Right now, there is a great opportunity for IT professionals in the cybersecurity field. Organizations are starting to realize the need to ensure the proper security steps are taken. Plus, they are willing to pay for IT professionals whose cybersecurity skills can help prevent the next million-dollar ransomware attack or customer data breach.
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