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Online Security Threats in Business To Rise In 2016

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As the world becomes more mobile-reliant and tech-driven, digital threats become more powerful and smarter, especially by next year. In particular, businesses will be one of the top targets of various cyber threats and it seems they are not yet prepared for it.

According to a new research by Trust Marque, 87 percent of Chief information Officers admit having trouble managing online security threats until now. IT complexity due to the increased usage of cloud computing, big data, and software licensing made it more difficult for companies to fully secure their company data online.

But, leaders in business and government are now trying to understand and manage the growing cases of cyber security risks worldwide. Here are some of the Global State Information Security survey’s key findings:

• 91 percent follow a risk-based digital security framework
• 69 percent use cloud-based security services
• 59 percent maximizes Big Data to enhance their security
• 65 percent collaborates with other companies to develop and improve their security framework
• 54 percent have a Chief Information Security Officer (CISO) in charge of their company’s information security program

What are the real threats by next year?
Nothing beats the prepared. By next year, businesses will have to be mindful of how they save and access data online. Various threats will arise as we become more reliant on technology and online resources. Here are some of the top cyber threats you should expect next year:

1. Public Wi-Fi will continue to be a common portal for attackers to gather data from mobile devices and laptops.

2. Cloud storage will be vital to businesses, but security will remain to be a common concern for many businesses.

3. Mobile malware in applications will continue to trouble users. This does not look good in terms of business, especially those who encourage Bring Your Own Device (BYOD).

4. Automobile hacking sounds scary, but could possibly come true next year. Cars are now connected to the internet to access apps like GPS, and your vehicle and personal information are also susceptible to cyber crimes.

5. Phishing will continue to affect those who access their emails regularly. Be mindful of emails that come with suspicious links. Anyone can easily access personal information and credit card information with just a click from an email.

6. CryptoWall is scary and it’s a new cyber crime that makes computers unusable until the owner pays the criminal who infected the computer. It might just attack mobile devices, too.

7. Wearables and health peripherals are not safe from cyber threats. Since these devices also receive personal information and often connects to smartphones, these health gadgets are not safe from any threats next year.

Biometric security will grow
Smartphones have become a vital tool for businesses and trends show that biometric security will continue to secure it in 2016. Today’s top mobile manufacturers such as Apple has incorporated the premium smartphones with latest mobile security technology in the form of a fingerprint scanner. Embedded on the Home button, O2 featured the new Touch Id with more accurate scanning feature, faster reading, and capture as much as 5 fingerprints (users). But, next year, a new mobile security technology will be introduced through iris scanning sensor.

In May, Fujitsu introduced the first iris scanning smartphone that works with its built in mobile payment system. It does not only secure the handset from any illegal purchases, but also from the unwanted unlocking of the device by unregistered users. But, is the iris scanning fool-proof? According to Make Use Of’s post, some eye-related conditions can alter the shape of the iris/retina and can cause problems later on in unlocking the device. If this is the next level of mobile security, then manufacturers should apply the two-way authentication procedure just in case the iris scanner does not work.

Challenges in security are inevitable in today’s modern world. Continuous mobile device usage will cause a major effect to the data security of businesses. But, so long as companies are prepared for what’s about to come, then nothing should stop these businesses from blossoming next year even with the impending cyber threats to come. To keep your business safe and secure, let the experts at DriveDr show you the right tool to keep your data and information secure from hackers and viruses.