Next-gen technologies portend new cyber risks

5G, artificial intelligence and biometrics will determine the cybersecurity strategy for the next decade

Any technical developments in artificial intelligence are quickly monitored and used by the cybercrime community
Any technical developments in artificial intelligence are quickly monitored and used by the cybercrime community

Dmitry Samartsev, CEO of BI.ZONE and William Dixon, head of operations, Centre for Cybersecurity, World Economic Forum, analysed the most popular technologies and evaluated the cyber risks of tomorrow. The experts talked about the three technologies that are likely to determine the next decade expressed in a joint analytical article.

Over the past 10 years, cybercrime has moved from a narrow, specialised niche to one of the most significant strategic risks facing the whole world today. The development of digital fraud is largely due to rapid technological progress.

According to the authors of the article, the new generation of 5G networks will become the most difficult problem in the field of cybersecurity. Critical applications and infrastructure will run almost 1000 times faster than the current Internet, which will allow criminals to launch attacks at the new pace of 5G.

The second technology is artificial intelligence (AI). On the one hand, AI can help create a global defence against cyber threats; on the other, any technical developments in this area are quickly monitored and used by the cybercrime community.

The third technology is biometrics, which is already widely implemented in various sectors of the economy throughout the world. Biometrics and next-generation authentication require high volumes of data about an individual, their activity and behaviour. Voices, faces and the slightest details of movement and behavioural traits will need to be stored globally, and this will drive cybercriminals to target and exploit a new generation of personal data.

“Today, we all stand on the threshold of a new era of cybercrime, which will strengthen with each year along with the constantly evolving technologies,” said Samartsev. “Being on guard of businesses and having regular encounters with cyberthreats, we see how this “snowball” has already grown in size and momentum. We are pleased to see that such large organisations as the World Economic Forum attach great importance to the problem of cybersecurity, and we are glad to reap the benefits of cooperating with them in this area. And only the collaboration of efforts at the international level will make it possible to build the cyberdefence of the future much more efficiently today”.

“The World is only at the very beginning of its Cybersecurity journey, and while the technologies of the Fourth industrial revolution will undoubtedly throw up new challenges, there are also huge opportunities for innovation and new models of cooperation to meet those new threats,” said Dixon.

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