“Need for efficient cyber security innovations evident in every sector” asserts Frost & Sullivan

The increasing number of connected devices is multiplying the probability of cyber attacks on companies across sectors

The increasing number of connected devices is multiplying the probability of cyber attacks on companies across sectors

The increasing number of connected devices is multiplying the probability of cyber attacks on companies across sectors. This is compelling organisations to adopt cyber security solutions in order to secure computing resources, information, networks and applications. As such, innovations will be directed towards fortifying sophisticated technologies such as cloud computing, big data, wireless communication and the Internet of Things.

A new analysis published by Frost & Sullivan, entitled: ‘Impact of Cyber Security Innovations in Key Sectors’ (https://www.frost.com/d56e), finds that in addition to comprehensive security solutions, the trend towards developing various layers of cyber security for attacks aimed at specific network layers has gathered pace.

Securing perimeters, networks, endpoints, applications and data is particularly crucial due to the emergence of new threats on specific targets.

The in-depth study covers the following sectors: Healthcare, Information and Communication Technologies, Aerospace and Defence, Banking and Finance, Energy and Manufacturing.

“Deployment of the Internet of Things in particular will open up innumerable attack surfaces for cyber attackers to leverage,” said Frost & Sullivan’s Technical Insights* research analyst Debarun Guha Thakurta. “As a result, endpoint and wireless network security for the Internet of Things will leap to the forefront of technology development and wide-scale adoption.”

Cyber security solutions providers are focusing on vulnerability assessment in addition to traditional security features. With most cyber security solutions only able to identify an attack after considerable damage has been done, it’s essential to spot and nullify threats at the point of inception.

Maintaining a balance between protection and monitoring is essential to recognise emerging types of attacks. Ensuring cognitive security while modelling security measures in alignment with each layer of security will help combat unknown zero day attacks.

Predictive threat analytics

“The integration of futuristic technologies and mechanisms such as predictive threat analytics, machine learning and network and device behaviour analysis will quicken the march towards proactive cyber security solutions,” added Thakurta. “The convergence of neural networks, machine learning and predictive analytics will further lay the foundation for a plethora of next generation cyber security solutions.”

Part of the Technical Insights subscription, ‘Impact of Cyber Security Innovations in Key Sectors’ focuses on the impact of cyber threats and attacks in key sectors and the cyber security approaches adopted in each of them.

Further, this detailed study includes technology analysis and industry trends evaluated following extensive interviews with market participants.

*Technical Insights is an international technology analysis business that produces a variety of technical news alerts, newsletters and research services

About the Author
Brian Sims BA (Hons) Hon FSyI, Editor, Risk UK (Pro-Activ Publications) Beginning his career in professional journalism at The Builder Group in March 1992, Brian was appointed Editor of Security Management Today in November 2000 having spent eight years in engineering journalism across two titles: Building Services Journal and Light & Lighting. In 2005, Brian received the BSIA Chairman’s Award for Promoting The Security Industry and, a year later, the Skills for Security Special Award for an Outstanding Contribution to the Security Business Sector. In 2008, Brian was The Security Institute’s nomination for the Association of Security Consultants’ highly prestigious Imbert Prize and, in 2013, was a nominated finalist for the Institute's George van Schalkwyk Award. An Honorary Fellow of The Security Institute, Brian serves as a Judge for the BSIA’s Security Personnel of the Year Awards and the Securitas Good Customer Award. Between 2008 and 2014, Brian pioneered the use of digital media across the security sector, including webinars and Audio Shows. Brian’s actively involved in 50-plus security groups on LinkedIn and hosts the popular Risk UK Twitter site. Brian is a frequent speaker on the conference circuit. He has organised and chaired conference programmes for both IFSEC International and ASIS International and has been published in the national media. Brian was appointed Editor of Risk UK at Pro-Activ Publications in July 2014 and as Editor of The Paper (Pro-Activ Publications' dedicated business newspaper for security professionals) in September 2015. Brian was appointed Editor of Risk Xtra at Pro-Activ Publications in May 2018.

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