Cybersecurity trends that will emerge in 2022
Pressure from the global COVID pandemic has forced businesses to embrace bold changes. Currently, digital transformation has a big impact on organisations. It is predicted that the digital transformation market will grow at a Compound Annual Growth Rate of 19.1%.
“Data is the backbone of digital transformation. As organisations manage larger and larger sets of data, the chances of security breaches and losses increase. However, it is expected that the adoption of digital transformation will continue as the benefits outweigh the risks associated with digital transformation,” says Business Analyst at LAWtrust, Riaan de Villiers.
According to research conducted by the Finances Online Reviews for Business Research Centre, 27% of the companies surveyed felt that implementing digital transformation initiatives is a matter of survival in their respective industries.
Growing inclination to digital transformation technologies could also mean a rise in cybersecurity concerns. Therefore, businesses should adapt to these emerging technological trends while taking safety measures.
Here are five emerging tech trends businesses should watch for in 2022
Cybercrime is becoming increasingly prevalent. More and more firms are at risk. As a result, businesses should confront cybercrime and make significant investments in protecting their networks and data. With this emerging tech trend, companies may protect themselves from substantial financial and reputational damages today and in the future.
Digital signatures help companies work more efficiently while cutting operational costs. Experts predict that in this age of remote working, digital signatures are likely to be implemented in more workflows during 2022.
- Artificial Intelligence (AI)
Artificial intelligence is becoming a critical part of many organisations' operations, increasing the demand for expertise. Many organisations, however, will benefit from its adoption because it lowers operational costs and improves efficiency. Furthermore, AI’s predictive powers will make it a useful ally in the fight against cybercrime during the coming year.
This is another developing trend that businesses should watch. With so many companies adjusting to working remotely, having internet connectivity is becoming increasingly important. This technological advancement will assist many businesses because it could improve customer service. As the number of devices connected to corporate networks grows, the need to carefully manage identities will grow.
Cybersecurity is an important issue, and top management is becoming more sensitive to the fact that cybercrime is rising. Mitigating risk must be a top priority for board members. To protect organisations, innovative new approaches to identity management such as the zero-trust model and identity first will probably gain a lot of attention during 2022.
“As more and more enterprises see digital transformation as a critical component to increase competitiveness, cybersecurity remains a concern. Businesses should adapt to these emerging technological trends while taking safety measures. This is the right time to focus on cybersecurity and make it part of your corporate culture,” concludes de Villiers.