In an article from US Cybersecurity Magazine on December 16, 2019 by Caleb Townsend entitled, “The Biggest 2020 Cybersecurity Threats”, cybersecurity threats were a monumental problem in 2019 and will continue to be so going into 2020.  Therefore, Townsend wrote that it is critical for businesses to know what to watch out for in the areas of emerging technologies, cloud storage, internet of things, phishing attacks, and deepfakes.

Cybersecurity threats in 2020 will target emerging technologies such as artificial intelligence, machine learning and 5G.  Furthermore, as there are many vulnerabilities with software, it will require a reassessment of security methods and structure.

Companies moved data and information to the Cloud figuring that it would lessen cybersecurity threats.  Unfortunately, simply moving your data to the Cloud does not provide assurance that it is safer.  In fact, in 2020 Cloud Jacking will inevitably become more of an important cybersecurity threat because of the increased use of Cloud Computing.

A report from Fortune Business in the area of the Internet of Things (loT), the market will reach $1.1 trillion dollars by 2026, thus bringing in a larger amount of cyber threats.  These devices will increase risks and vulnerabilities that naturally come with any new technology.  Concurrently, security experts will not have the time to develop new strategies to keep up with all the new devices.

Phishing attacks are the most lucrative of the cybersecurity threats and with all the vulnerabilities of new technology cyber criminals are going to take every opportunity to start phishing attacks on all platforms.

Finally deepfakes are more likely to make phishing attempts more convincing, more real, and may end up costing businesses a lot of money.

The article concludes that data breaches will continue and that there is a need for skilled professionals, average individuals with basic cyber knowledge, planned and active strategies that are put in place, stronger passwords, and the implementation of multi-factor authentication.