Welcome to the world of cybersecurity and cyber crime technologies. Controversial Mike Sullivan of Take Charge America, once said that if one’s identity is yet to be stolen then it will with time. With the rates of cyber crime on the rise every other day, technology innovation companies are upping their game.
It will be worthy to say that some nations like Singapore have in place robust systems against cyberattacks. In fact, the UN voted Singapore as the nation with the most detailed cybersecurity infrastructure.
The infrastructure features emerging disruptive cybersecurity technology. It will not take time before more countries benchmark to learn a thing or two from Singapore.
We dive into the world of these mighty tech innovation shakeups and how they change or will change the world in the time to come.
What is a Disruptive Technology?
In his book- The Innovator’s Dilemma, Clayton M. Christensen, noted technological innovations can be separated into two namely, disruptive and sustaining. The book was a bestseller in 1997.
Sustaining technology depends on the development of already existing technology to bring a whole new functionality or functioning system. It does not necessarily imply sustainability.
On the other hand, disruptive technologies is a brand new innovation that often changes the abilities of a system. It overthrows the existing technology in its space hence disrupting its operation. Basically, this is the meaning of disruptive in this case.
Did You Know? One of earliest disruptive technology usage in Malaysia is JobStreet, the online job marketplace
Disruptive Technological Advancements In Cybersecurity
Cybersecurity changes the face of the now rampant and rapid cyber crimes. A study released by software company Wipro revealed that in 2016, cases of data breaches rose over 53.6% from those reported in up the previous year. These resulted in huge lashing on the enterprises involved especially in social media.
Disruptive technologies in cybersecurity is quickly gaining traction. It helps an organization under attack to quickly identify and isolate the attack. It also gives room to make priority decisions on the attack.
In the modern organizational setup, most enterprises rely on the CIO to take responsibility for cybersecurity. IT service companies are mostly used to secure the companies’ data.
The adoption of disruptive technologies is one of the ways employed by CIOs in ensuring that everything matters digital assets is secured. Conversely, being at par with the latest updates is a more solid way of countering cyber crimes.
There are a number of innovations that are currently transforming cybersecurity. We analyze some of the top notables that have disrupted cybersecurity approaches below.
The perfect definition of a disruptive innovation houses the ability to provide easily affordable and inexpensive services to the already underserved. This elicits a massive motion and commotion in whether cloud computing is a disruptive technology.
The answer to this is that indeed, cloud computing is a disruptive technology. How?
It provides easy access to supercomputers that often come as a sky-high expensive asset for most companies. This leads to even more market possibilities. Cloud hosting and computing is a service at large. Also, cloud computing makes on-site servers an obsolete option.
How does cloud computing make change the world of cybersecurity? Through domain controllers, an extra layer of security is availed. This makes it even more possible to secure both cloud servers and on-site servers. The centralized user control and user management provided by the active directories, information is securely stored in the domain controller.
With cloud computing companies are setting up new services while scaling a number of industries into modernity. The most notable case is Uber whose operations are cloud-based. The provision of hybrid applications is also another dimensional change as a result of cloud computing innovation.
Cryptography gave birth to the widely spoken about cryptocurrency. Despite being in its infancy stage, cryptography is already making huge strides in the world of cybersecurity.
To most people, this is probably the future of secure information transfer or communication. Midway in the innovation of cryptography came in cryptocurrency. It has had an impact on the world of online finances and investments.
Cryptography provides three major achievements that greatly shake the world of cybersecurity. In these space, there is a new dimension in confidentiality, authentication and non-repudiation. This is the main reason why anyone interested in cryptocurrency investments can trust the ultra new market trading. Of course, there are billions already invested here up to date.
- Confidentiality- only the one who is intended to see or use the information can access it.
- Authentication- here both the senders and receivers identities are spruced up. Only these two can access the cryptography system.
- Non-repudiation- the sender of the message cannot the content. Neither can the receiver too.
All these three combined bring forward a robust system that will be interesting to see its impact once developed and adopted in full swing. To a great extent, the system prevents any possible threats related to cybersecurity such as cyber bullying, identity theft, viral infections, just to name but a few.
Conversely, cryptography solves the puzzles of data loss. This is an expensive path to tread on for most organizations. Once data is lost like in the case if transferring it to the wrong person, massive reputation damage and claims are offset.
Artificial Intelligence (AI)
Modern data infiltration by hackers is becoming dynamic, for an example attack on Malaysian soil being one on a big hotel chain.
Hackers are becoming smart in that they are investing an unlikely resource, time. Low and slow attacks are frequenting. These are the hardest to detect and probably the deadliest. The attackers infiltrate a system and stays low just waiting for the right time to pounce on crown jewels.
In the hotel attack, artificial intelligence became key in spotting and stopping the cyber-attack. Machine learning in the world of cybersecurity is used to clean an already infiltrated system.
This is an emerging technology that functions just like the human body. It is the digital antibody technology.
Traditional means if stopping a cyberattack entailed prevention through anti-malwares, firewalls etc. Once a system became hacked, a humongous task of spotting and stopping it lay ahead.
With machine learning in place, a system’s abnormalities can be easily identified. Using AI algorithms, human specialists are notified in time to deal with the attack based on priorities.
Cybercrimes are rising at a very high rate. This is due to a bigger force behind the attack, more resource power, ignorance and at the same time disruptive technologies
Disruptive technologies is a security enhancer. Being made up of new innovations, there is always room for loopholes to occur. Despite minimal chances of occuring, the impact can be a big one.
The development of new technology and advancing the already existing ones is a great way to enhance cybersecurity. There are more perks to take home from emerging disruptive technology especially in cybersecurity.
Extracted from Mibrand Business Magazine Printed Version. Download a Copy today