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HYPR 2019 Predictions: The Year of Catastrophic Breaches and Easier Security Usability

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

Contributed by George Avetisov, Co-founder and CEO, HYPR

The Year of Catastrophic Breaches and Easier Security Usability

2019 was a monumental year for the security industry. Marriott's breach of half a billion of its guests' personal information is a prime example of what inevitably happens to customer data. But Marriott wasn't the only one - Quora's breach exposed password data for 100 million users, and Dunkin' Donut's DD Perks loyalty club was infiltrated by hackers, compromising member's names, addresses and account numbers. Given the sophistication of attackers and our reliance on passwords, we can expect data breaches to continue to make headlines well into the New Year. With that in mind, here are some top security predictions that will help you prepare for what's ahead:

1.  A Major Cloud Provider Will Experience a Large-Scale Breach

Large organizations have often expressed uneasiness about moving their data to the cloud despite the common knowledge that cloud providers like AWS are often more secure than the enterprise itself. However, despite the massive investments in security infrastructure, it is a matter of when-not if-a major cloud provider will suffer a large-scale breach. Every provider has experienced security breaches and countless outages, but none of these massive data centers have been put to the PR test of a large-scale attack. It's only a matter of time and it may change the way companies go about their cloud-first strategies.

2.  Airlines Will Bolster Their Cybersecurity Measures 

Whispers of security vulnerabilities on major aircrafts have been ongoing for some time, yet no meaningful action has been taken to get ahead of these concerns. Unfortunately, it's only a matter of time before we see a well-publicized attack on a commercial aircraft that can send shockwaves through the transportation industry and force many companies to take a serious look at aircraft security. 

3.  Security Will Actually Get Easier to Use 

Historically speaking, adding security measures has always made software more difficult to use. The correlation of user experience and security has always been inverted. With the introduction of biometric smartphones, the ubiquity and adoption of next-gen authentication has accelerated. For once we will actually see security and ease of use improve together as more companies move beyond forcing people to use complex passwords and instead allow users new and easy ways to log in.

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About the Author

 

George Avetisov is Co-founder and CEO of HYPR, responsible for strategy and execution of the company's vision. George sets forth the product and technical direction of the company, architects sales and marketing strategies, and works closely with team leads to build strong company culture. Under George's leadership, HYPR has grown to become a leading provider of decentralized authentication with millions of users secured across the globe. Named Forbes 30 under 30 in 2018, George brings with him a decade of experience in e-commerce, digital payments, and fraud prevention that have served as the foundation for HYPR's vision.

Published Wednesday, January 30, 2019 10:00 AM by David Marshall
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