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Cybersecurity Widely Predicted to Heat Up in 2019

After an eventful and high-profile 2018, observers are forecasting that information security issues will become even more prominent in the year ahead, as new challenges continue to emerge.

Risk managers and other professionals ranked cyber risk as the No. 1 threat to markets in 2019, according to a Depository Trust and Clearing Corp. survey (PDF). In the coming year, corporate boards will take ownership of information security issues in a way they haven’t previously, the blog Security Boulevard predicts.

Projections that the new year will be a big one for cybersecurity spanned the globe. U.S. banks and other organizations plan to spend more on information security in 2019, according to a survey by data-security provider Thales eSecurity. Most U.K. business plan to do the same, according to a survey by cybersecurity firm Carbon Black. Asia-Pacific organizations, too, are bracing for a turbulent 2019, reports Information Weekly.

One emerging area of cyber risk this year will be artificial intelligence, executives from Symantec and McAfee predict. The growing use of AI technologies has made them an increasingly attractive target. After all, AI systems often store vast troves of data. There’s also worry that hackers could impact how AI systems operate. Plus, cyber criminals could use AI tools themselves for increasingly automated and sophisticated attacks. Or they could create their own chat bots on official sites as a way of tricking users into allowing a breach.

Others point to more familiar cybersecurity threats for 2019. In a report by IEEE, which calls itself the world’s largest technical professional organization, IEEE senior member Steven Furnell said known threats like malware and phishing will increase in scale and variety. That said, the expansion of mobile, cloud, and Internet-of-things technologies will also pose new vulnerabilities. Technology use ramps up faster than attempts to keep the technology secure, Furnell noted. On cybersecurity, he added that “many will be going into 2019 just hoping that it’s not the year that the wheels fall off.”

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