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Omnitracs 2020 Predictions: Security Risks on the Rise, But Who Will be Manning the Desk?

VMblog Predictions 2020 

Industry executives and experts share their predictions for 2020.  Read them in this 12th annual series exclusive.

By Sharon Reynolds, chief information security officer at Omnitracs

Security Risks on the Rise, But Who Will be Manning the Desk?

Developers have been exploring the benefits of the application programming interface (API) for well over a decade. What started as a curiosity has now exploded into a best practice for innovation. Today, APIs are at the core of most major businesses, and span more diverse industries than ever before. Research indicates that API adoption has grown at a faster rate in 2019 compared to previous years. Unfortunately, similar to how ransomware and business email compromise is on the rise, in 2020 we will begin to see similarly increased risks around API extortion. In order to combat these vulnerabilities to open APIs, cybersecurity professionals must begin to profile and identify baseline normality's in order to better detect abnormalities and potential pathways for attackers. 

On the other hand, globally and across industries, there is a serious lack of cybersecurity professionals. According to non-profit IT security organization (ISC)², the shortage has grown to three million globally and around 498 thousand in North America. Because of this shortage, the security risks at organizations large and small have risen and as we look to 2020, the risk is not going to be alleviated any time soon. 

Without a regular stream of new security talent entering the workforce, we simply cannot safeguard the private and public architectures that support our businesses and government entities. Because of this, managed security providers will be forced to begin implementing a highly selective process for prospective customers in order to work with them. As much as a security solutions provider will sell an organization on their products and services, a customer must also sell the provider on why they would make a safe customer and how they would partner to maintain their cyber hygiene to minimize and mitigate any risk. The lack of cybersecurity professionals in 2020 is a very sobering situation as API extortion is on the rise and as we work towards a more secure national infrastructure.


About the Author

Sharon Reynolds 

Sharon Reynolds is the Chief Information Security Officer at Omnitracs, LLC, and is responsible for safeguarding enterprise information, computing assets, intellectual property and customer data. Sharon has over 20 years of experience in IT and IT security, during which she served Global Fortune 500 company Fujitsu, managing cloud platforms for customers including Blue Cross, Alliance Data and Merrill. She served over a decade in various roles, including enterprise architect at Fortune 500 companies such as silicon valley's Yahoo and a disaster recovery lead at defense contractor Lockheed Martin. She is a certified information systems security professional (CISSP) in good standing since 2010 and volunteers her time as President of the FBI's North Texas InfraGard chapter.

Published Friday, January 10, 2020 7:25 AM by David Marshall
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