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Tunstall Industries Group

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Easton Green
Easton Green

Emerging Cyber-Security Technologies In 2017 \/\/FREE\\\\

While human augmentation is just at the beginning of the innovation trigger phase of the Hype Cycle, complementary emerging technologies such as machine learning, blockchain, drones (commercial UAVs), software-defined security and brain-computer interfaces have moved significantly along the Hype Cycle since 2016.

Emerging Cyber-Security Technologies in 2017

The Gartner Hype Cycle for Emerging Technologies, 2017 focuses on three emerging technology mega-trends: Artificial intelligence (AI) everywhere, transparently immersive experiences and digital platforms. Enterprise architects and technology innovation leaders should explore and ideate these three mega-trends to understand the future impacts to their business.

These technologies will transform our world, but only if they are secure and we can give citizens and businesses confidence that they are so. If these interventions are not taken forward the world will be left with a digital ecosystem that is not resilient to the emerging systemic threat and risk landscape and the potential benefits of the global digital ecosystem may not be realized.

The energy sector has been an early adopter of digital technologies. In the 1970s, power utilities were digital pioneers, using emerging technologies to facilitate grid management and operation. Oil and gas companies have long used digital technologies to improve decision making for exploration and production assets, including reservoirs and pipelines.

Key to effectively managing enterprise-wide risk is understanding the changing cyberthreat landscape (for example, who is trying to exploit government networks and systems, by what means, and for what purpose). Departments indicate a strong desire for a more proactive approach for GC cybersecurity that emphasizes research and innovation in order to keep pace with emerging threats, technologies and trends. Departments also have a strong desire to work cooperatively to:

1. Continuous Digital Transformation and Innovation: Financial institutions adopt emerging technologies such as cloud computing, artificial intelligence, and digital services. The majority of FIs are increasingly utilizing cloud-based software to increase information processing, fraud detection, and financial analytics capabilities. Meanwhile, the COVID-19 pandemic accelerated the transition of the industry's IT infrastructure (digital transformation) of financial institutions and the emergence of virtual banks and financial services. As a result of digital transformation, organizations now operate more and more new applications, devices, and infrastructure components that increase the attack surface. All of these factors contribute to a rise in cybersecurity risks for FIs and their customers.

More and more financial institutions are using emerging technologies to innovate and develop new products, services, and digital channels. But these critical enablers could become the target of additional cyberattacks. Thus, embedding cybersecurity into new products and services and new channels remain the top two business issues with security implications at large financial institutions surveyed (figure 6). 041b061a72


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