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Mimecast 2019 Predictions: Where Cybersecurity Awareness and Preparation are Heightened

Industry executives and experts share their predictions for 2019.  Read them in this 11th annual VMblog.com series exclusive.

Contributed by Mimecast executives

Where Cybersecurity Awareness and Preparation are Heightened

As the first month of the new year will soon come to a close, the executives of Mimecast, which is making email, web and data safer for thousands of customers and millions of employees worldwide, outline what they expect to see across the cybersecurity landscape in 2019. From discovering data breach motives to prioritizing actionable threat intelligence data, executives showcase the importance of risk awareness and organizational preparation to thwart targeted attacks. Read on to learn more about what these executives are forecasting:

Peter Bauer, CEO at Mimecast:

Peter Bauer is the CEO, Co-founder and Board Member at Mimecast, which he launched in 2003, with CTO and fellow Co-founder, Neil Murray. He is the visionary behind Mimecast's SaaS strategy, which empowers businesses across the globe with comprehensive cyber resilience for email.

 

"In 2019, we'll find out why all the personal data that has been stolen has been stolen. There have been many incidents of data theft (e.g. Equifax) and yet this data hasn't shown up anywhere for sale nor has it been used as part of any widespread attack. It has almost given the illusion that the theft of this data has had limited consequences for the peoples whose data was stolen. This year, we'll find out more about the motives of the thieves and what their purpose has been in amassing so much data from healthcare and credit agencies in particular."

Marc French, Chief Trust Officer and Data Protection Officer at Mimecast:

Marc French is the Senior Vice President and Chief Trust Officer at Mimecast. He has more than 25 years of technology experience in engineering, operations, product management, and security. 

 

"In the year ahead, organizations will make it a point to ensure that they are not exhausting their IT administrators with "useless" information. CISOs will prioritize sharing actionable threat intelligence data in order to help executives make informed business decisions that are backed by knowledge of relevant cybersecurity trends. Also, expect organizations to increasingly automate cybersecurity systems next year, especially those that generate threat intel alerts."

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"Mitigating risks will, of course, continue to be a priority for CISOs in 2019. Organizations will make a concentrated effort to advance their threat intelligence capabilities in the year ahead, regardless of their available budget to allocate toward cybersecurity, while making clear decisions about whether or not to outsource their efforts."

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"In 2019, we'll finally see some headway made toward defining what a 'basic security' program looks like across businesses of all sizes. If this truly happens and people adopt it, the rising controls tide will raise all ships on the protection front."

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"When it comes to GDPR, regulators in the EU will drive several high-profile actions in response to violations, including at least one organization being hit with a substantial fine. While there has been much discussion about the potential penalties of GDPR, there were not many "example" incidents made in 2018."

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"In the US, despite the efforts made by other international policies like GDPR, the country still won't quite come to a standard US breach notification scheme."

Matthew Gardiner, Security Strategist at Mimecast:

Matthew Gardiner is a Security Strategist at Mimecast and is currently focused on email security, phishing, malware, and cloud security. With more than 15 years focused in security, Matthew's expertise in various roles includes threat detection & response, network monitoring, SIEM, endpoint threat detection, threat intelligence, identity & access management, Web access management, identity federation, cloud security, and IT compliance at RSA, Netegrity, and CA Technologies.

 

"Attackers will continue to shift their attention to small and medium businesses from larger ones, as they have the right combination of IP & money, IT attack surface and complexity, and limited security maturity."

Bob Adams, Security Strategist at Mimecast:

Bob Adams originally joined Mimecast as a Sales Engineer in early 2015. Email Security is Bob's passion and, as the threat landscape evolves, he spends his time understanding the anatomy of attacks.

 

"In 2019, healthcare organizations will be the number one target for attackers. Despite a tumultuous year of ransomware incidents and phishing attacks, healthcare institutions are still behind on their security defenses and are struggling to catch up. The evolution of attacks has made it much harder to secure the industry, creating and growing an entire ecosystem that lends itself to multiple forms of fraud. For example, in healthcare, when protected health information (PHI) is stolen, attackers are able to steal identities, gaining access to medical information, which the attacker either uses or sells to then obtain prescriptions to be traded or sold illegally. In 2019, we can expect more of these types of cybersecurity incidents that healthcare organizations must address. Going into the new year, it's important for them to realize that it's not just about ransomware or a simple attack; it's become a trickle-down economic system that they must prepare for."

Nathaniel Borenstein, Chief Scientist at Mimecast:

Dr. Borenstein is the co-creator of the Multipurpose Internet Mail Extensions (MIME) email standard and developer of the Andrew Mail System, metamail software and the Safe-Tcl programming language. At Mimecast, he is responsible for driving the company's product development and technological innovation, alongside Mimecast CTO and co-founder, Neil Murray.

 

"Artificial Intelligence will increasingly be used to detect bad actors targeting employees' and consumers' inboxes (e.g. spam, phishing, etc.). As the technology advances in the coming year, it will work well for the most part. However, its occasional mistakes will cause significant issues, like financial and reputational damage, for businesses. Most users will find slips in security utterly incomprehensible and security companies will have an especially hard time explaining the matter to customers."

Lindsay Jack, Security Services Director (UK) at Mimecast:

As the Security Services Director (UK) for Mimecast, Lindsay is technically focused on the management of development teams to deliver complex and high performance applications for the security market in both a Cloud Service and OEM capacity. 

"2019 will see a move toward successively more complicated malware with multiple stages and different form factors for transmission. This will make it increasingly challenging to detect and will require ever more complex multi-layered approaches to detection/prevention."

Brian Pinnock, Director of Sales Engineering (MEA) at Mimecast:

Brian joined Mimecast in October 2016 as Director of Sales Engineering, overseeing the sales engineering function in Middle East and Africa. With over 20 years' experience in pre-sales, sales, R&D and Innovation, Brian takes a cutting-edge approach to sales engineering. 

 

"Credential stuffing attacks will increase in 2019. The amount of user data that has been collected in multiple breaches will be used against companies that have fairly good cyber protection."

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Published Monday, January 21, 2019 7:26 AM by David Marshall
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