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IoT, GDPR and More Cybersecurity Trends in 2019
TÜV Rheinland released its Cybersecurity Trends 2019, a report that contains eight important developments in cybersecurity. TREND 1: Cybersecurity has become a topic for the management level Until recently, lack of cybersecurity was not seen as a business risk, but as an IT problem. Despite years of warnings, it was only the effects of the NotPetya cyberattack in 2017 that changed this view. Several large companies reported losses as a result of this attack, including logistics companies Maersk and FedEx, advertising company WPP and household goods manufacturer Reckitt Benckiser. These companies have reportedly each lost up to hundreds of millions of euros. At the same time, breaches of data protection remain a cause for concern. Risks associated with a lack of cybersecurity have evolved from a hypothetical problem to a recognized business risk. This realization is now leading to long-term changes in the management of cybersecurity risks. TREND 2: Industrial cybersecurity is years behind general IT security.
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