Cybersecurity in 2018: Forrester’s Top Predictions
A new Forrester Research report states that in addition to more connectivity, digital transformation initiatives, and data, companies can also expect new threats and changes in the cybersecurity field. Here are a few of their top predictions.
Governments will no longer be the sole providers of reliable, verified identities
Forrester predicts that in 2018, we will see an expansion of identity verification services to large banks such as Bank of America, Capital One, Citi, and Wells Fargo. Researchers also said that customers will be able to use bank-issued credentials to log into government services. Blockchain will also likely emerge to help verify identities based on federated, consortium-based transaction data.
Financial institutions will soon be able to provide their customers with identity verification services using Peer Mountain’s blockchain-based trust and validation platform. Peer Mountain encrypts personal data during storage and transmission, allowing customers to verify their identities while keeping their personal information hidden and secure.
Cybercriminals will attempt to undermine the integrity of US 2018 midterm elections
The US has not addressed the systemic vulnerabilities that can be found in its voting systems, which depend on software to cast votes, count them, verify them, and report them, the report stated. Data stolen in the recent breaches of Equifax, the Republican National Committee, and various state agencies can potentially help criminals commit voter fraud in contested districts, Forrester researchers wrote.
Peer Mountain’s secure, private validation system can also help governments implement measures to prevent voter fraud and mitigate, or even eliminate, cybersecurity weaknesses in their voting systems.
Blockchain will overtake AI in VC funding and security vendor roadmaps
“Forrester predicts blockchain will become a foundational technology for: 1) certificate issuance and authentication; 2) identity verification; 3) malware and ransomware protection via binary reputation checks; and 4) document authenticity and integrity verification,” the report stated. “Those are just the immediate use cases.”
Blockchain is to 2018 what artificial intelligence was to 2016: it is on the verge of becoming the most sought-after functionality among security vendors. Peer Mountain is here to help enterprises strengthen their cybersecurity measures, protect sensitive information that’s vital to their businesses, and ensure that their customers truly own their personal data. Learn more about Peer Mountain.
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