Johannesburg – Experts agree that there is a shortage of cyber security professionals worldwide.
Johannesburg – Businesses have had to make bold changes due to the Covid-19 pandemic. Digital transformation is having a significant impact on organizations. It’s expected that the market for digital transformation will grow at an Annual Compound Rate of 19.1%.
Riaan de Villiers (LAWtrust Business Analyst) said that the growing interest in digital transformation technologies could also increase cyber security concerns. Riaan de Villiers warns businesses to adapt to new technological trends and take safety precautions.
De Villiers stated that it is likely that digital transformation will be adopted as long as the benefits outweigh any risks. Digital transformation is based on data. The risk of security breaches and loss increases as organizations manage more data.
Research by the Finances Online Reviews for Business Research Centre shows that 27% feel that digital transformation is essential for their industry. Cybercrime is not only a threat to companies but also thousands of individuals who fall prey to it every day.
Cybercrime is estimated to cost the country R2.2 billion each year. According to a report by accounting firm PricewaterhouseCoopers, South Africa is the third biggest target globally. De Villiers advised people to create strong passwords for every system they need to log in to and not reuse passwords from other systems.
“The danger is that other systems can be compromised if one system is compromised.” Make sure that your software is always up-to-date. This will help protect you from known vulnerabilities. Do not click on attachments or click on links in emails. He said that phishing emails are one the most dangerous attack vectors on the internet.
Experts agree that there is a shortage of cyber security professionals worldwide. They also believe that many IT and cybersecurity teams are understaffed and have difficulty coping with their workload, particularly during the pandemic when many employees began working remotely.
Artificial Intelligence (AI) can perform most manual tasks, keeping teams busy and allowing them to focus on more important things. Although machines can perform tasks faster than humans and with greater accuracy, they are limited in their ability to accomplish what they were designed to. He said that humans will always be needed to monitor the machines and make decisions in cases where computers cannot handle them.
Our digital economy is an excellent opportunity to accelerate growth in developing countries and open up new opportunities. De Villiers answered the question of whether machines can ever replace humans. “When they first installed an escalator in the London underground, it was too scary for people to use.” To convince people to use the escalator, they had to hire someone to ride it for the entire day.
These are the four emerging tech trends that businesses should be looking out for in 2022
Cyber security
Cybercrime is on the rise. Cybercrime is becoming more common. Companies can protect their reputation and financial assets today and in the future by taking advantage of this new tech trend. Businesses should be aware of the risks and invest in data and networks protection.
Digital Signing
Digital signatures allow companies to work more efficiently and reduce operational costs. Experts predict that digital signatures will be used in more workflows in the age of remote work. Many organizations are increasingly relying on artificial intelligence, making it a vital part of their operations. It is a cost-effective and efficient option that will benefit many organizations. AI’s predictive capabilities will make it an invaluable ally in fighting cybercrime over the next year.
Internet of Things (IoT).
Businesses should also be aware of the IoT trend. It is becoming more essential to have internet connectivity, as many companies adapt to work remotely. It could increase customer service. It will become more critical to manage identities as the number of devices connected with corporate networks increases.
Trust and identity
Cybersecurity is a critical issue. Top management is increasingly aware of the rising threat from cybercrime. Board members must make reducing risk a priority. Innovative new methods of identity management, such as identity first and zero-trust models, will likely gain attention to protect organizations in 2022.
