Saturday, December 29, 2018

Keyfactor expects cybersecurity trends in quantum computing, IoT legislation and PKI for 2019

Keyfactor released its top three cybersecurity trends to watch in 2019. These trends are intended to inform and empower security professionals who are responsible for protecting their company's data, as well as reputation, given the substantial increase in cybercriminal activity in 2018.

Preparation is the key to information security at any company, regardless of its type or size. Decision makers can reduce the likelihood of a cybersecurity incident by creating a plan to address trends in the coming year.

Quantum computing will make cryptography ineffective. Most experts agree that quantum computing will be viable as soon as 2024 - and when it does, many common cryptographic algorithms will become ineffective as a result. While 2024 is still five years away, recent history reveals that many organizations will take five years or more to migrate off of old crypto, and inertia from legacy systems is often the reason.

By merely obtaining an inventory of weak keys and digital certificates can be a major undertaking, but is the first step to developing a "crypto-agile" plan to deal with cryptography-related events if and when they occur. The next step is to develop a migration plan for every key and certificate type -- and the systems they're installed on.

IoT will be the focus of security legislation. Governing bodies and other organizations will release many more rules, regulations and guidelines for IoT security in 2019.

For example, the US Food & Drug Administration (FDA) just released its "Medical Device Safety Action Plan" to improve overall medical device safety. Device manufacturers in key industries such as healthcare and automotive must enforce such policies, extend certificates throughout every device across the enterprise and keep data siloed and protected. IoT will transform into a much safer platform for transferring data when these measures become standard practices.

Containerization will become a de-facto component of IT -- and carry DevOps management burden with it.  Like the virtualization wave that swept through IT in the early 2000s, containerization technologies such as Docker bring even more efficiencies to IT systems -- both on-premise and in the cloud.  

However, it can be difficult to securely manage sensitive information such as credentials, cryptographic keys, and certificates in containers that can spin up and down at a moment's notice. This is an area where many organizations may be tempted to sacrifice security in the interest of speed and ease of use.

Keyfactor, formerly Certified Security Solutions (CSS), announced  in November the appointment of Chris Hickman to the newly created position of Chief Security Officer (CSO).

Chris will be responsible for capturing the voice of Keyfactor customers and evangelizing the importance of securing every digital identity to improve cyber defense and operational efficiency.

An expert in digital identity security industry, Chris has worked at Alacris and Critical Path. He was most recently vice president of platform enablement at Keyfactor, responsible for the on-boarding of customers, systems integration, support and operations.

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