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• Digital trust is emerging as the next security model among various organization
• Enterprises will focus of being “Secure by design”
• Intelligence driven security solutions with AI & ML will play key roles in response to the changing threat
landscape
• Deep-fakes will continue the era of fake news , wherein the world will see the release of highly authentic-
looking malicious fake videos, which could cause substantial damage
• Cybercriminals will shift their sights to the lucrative databases of personal data maintained by travel and
hospitality companies. Expect more mega breaches in this area in 2019 as cybercriminals look to monetize
rewards points and gather new credentials, such as passport numbers and driver licenses, to establish
identities for online crime.
Worldwide Security Spending by Segment, 2017-2019 (Millions of U.S. Dollars)**
Predictions:
In 2019, the information security is forecast to grow 8.7 percent to $124 billion
Gartner Forecasts Enterprise Information Security Spending in India to Total US$1.9 Billion in 2019
Blockchain, quantum computing, augmented analytics and artificial intelligence will drive disruption and
new business models.
Persisting shortages in skills and regulatory changes like the EU’s Global Data Protection Regulation (GDPR)
will continue driving growth in the security services market.
At least 30% of organizations will spend on GDPR-related consulting and implementation services through
2019.
Gartner has estimated Risk management and privacy concerns within digital transformation initiatives will
drive additional security service spending through 2020 for more than 40% of organizations.
IDC has estimated that by 2019, 40% of digital transformation initiatives will use AI services and by 2021, 75%
of enterprise applications will use AI. From predictions, recommendations, and advice to automated
customer service agents and intelligent process automation, AI is changing the face of how we interact with
computer systems."
Security as a services (subscription and managed) will represent at least 50% of security software delivery by
2020.
With industries investing aggressively in projects that utilize cognitive/AI software capabilities, the
International Data Corporation (IDC) forecasts cognitive and AI spending will grow to $52.2 billion in 2021
and achieve a compound annual growth rate (CAGR) of 46.2% over the 2016-2021 forecast period.
By 2023, 25% of organizations will require employees to sign affidavits to avoid cyberbullying, but 70% of
these initiatives will fail.
By 2020, more than 40% of data science tasks will be automated
By 2022, 75% of public blockchains will suffer “privacy poisoning” — inserted personal data that renders
the blockchain noncompliant with privacy laws.
By 2023, e-privacy regulations will increase online costs by minimizing the use of “cookies,” thus crippling
the current internet ad revenue machine.
Through 2022, a fast path to digital will convert internal capabilities to external revenue-generating
products, using cloud economics and flexibility.
By 2022, companies leveraging the “gatekeeper” position of the digital giants will capture 40% global
market share on average in their industry.
Through 2021, social media scandals and security breaches will have effectively zero lasting consumer
impact.
Through 2022, 75% of organizations with frontline decision-making teams reflecting diversity and an
inclusive culture will exceed their financial targets.
By 2020, over 25% of identified attacks in enterprises will involve IoT, though IoT will account for less than
10% of IT security budgets
By 2020, IT-sponsored information security programs will suffer 3X as many significant breaches as those
sponsored by business leaders.
By 2020, 25% of IT security organizations will restructure based on the influence of cyber physical systems
and the Internet of Things (IoT), up from less than 5% today.
By 2020, 60% of digital businesses will suffer major service failures due to the inability of IT security teams
to manage digital risk
Lack of uniformity in devices used for internet access make it almost impossible for legal and technical
standards to be set for data protection by the regulators.
No national security architecture that unifies the efforts of all critical infrastructure owned by private
sectors
In 2019, an increase in both state sponsored and financially motivated supply chain attacks is expected
Attribution and accountability are two of the biggest sticking points when it comes to winning the war in
cyberspace
According to various industry estimates, there are at least two million cyber security jobs that will go
unfilled by the year 2020.
Worldwide Spending on Cognitive and Artificial Intelligence Systems Will Grow to $19.1 Billion in 2018 – 22 Mar,
2018