Cybersecurity is a growing challenge for organisations, due to record high cyberattacks. They’re costly, diverse, and frequent with an estimation of global cybercrime reaching $10.5 Continue Reading
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Cybersecurity is a growing challenge for organisations, due to record high cyberattacks. They’re costly, diverse, and frequent with an estimation of global cybercrime reaching $10.5 trillion annually by 2025.
Luckily, organisations can enhance their cybersecurity through several emerging technologies that effectively combat cybercrime. The following cybersecurity solutions can make a significant difference.
Deep Learning
A recent study found “superior performance of deep learning models in detecting cyber threats compared to traditional machine learning approaches”. Deep learning outperformed in accuracy, precision, recall, and F1-Score. The reason for the success is artificial intelligence.
Artificial intelligence teaches computers to recognize sound, text, image, and data patterns much the way we do. As a result, deep learning recognizes anomalies and potential threats quicker and more effectively.
Blockchain Technology
Blockchain provides an immutable, transparent ledger of all interactions, making it nearly impossible for hackers to alter data. It also safeguards digital infrastructure, since blockchain does not rely on a centralized server.
A 2024 study focussing on the energy, health, and finance sectors also suggests blockchain further benefits cybersecurity in the following ways:
- Facilitates collaboration amongst multiple stakeholders through common, shared information and resources
- Integrates well with emerging technologies such as artificial intelligence, the internet of things, and quantum computing to enhance infrastructure performance and functionality.
Hardware Authentication
Cybercriminals use many methods to access sensitive data. These include automated bots, social engineering, SIM card hijacking, and more. Consequently, organisations need to implement stronger authentication methods to protect data. One of the most common is two-factor authentication.
Two-factor authentication requires users verify their identity through two methods. Typically, this is a password and a one-time code sent to their mobile device. This drastically reduces the chances of unauthorized data access.
Behavioural Analytics
Behavioural analytics is another merging technology used to improve cybersecurity. It augments user authentication as it tracks user habits, patterns, and trends. When the system detects abnormal behaviours, it flags them as potential cybersecurity issues.
Zero-Trust Model
The zero-trust model mandates all users must be authenticated or authorized before accessing data and resources. It also highlights how your organisation communicates, which can lead to a less complex network and greater user satisfaction.
Find Appropriate Cybersecurity Technologies for Your Organisation
Many emerging technologies can help your organisation improve its’ cybersecurity. Even so, it can be difficult for companies to identify and access the best possible technologies.
Luckily, EarlyBirds offers four pathways towards innovation and the following benefits:
- Reduced cost of innovation
- Quick increases in innovation capability, when required
- Connections to the best Subject Matter Experts and innovators available
- Simple process
EarlyBirds Innovation Ecosystem
Our award-winning Innovation Ecosystem earned us the title of Global Open Innovation Platform of the Year 2023 and 2024. It allows both innovation and strategic thinking in all areas of a business, whatever the technical or business challenge or potential opportunity your organisation wants to explore.
We unite Innovators, Early Adopters, and Subject Matter Experts (SMEs) to fuel rapid innovative adoption and business evolution. Early Adopters are leaders eager to identify new and disruptive technologies. They want to seize opportunities, solve business challenges, or create new products and services.
Our Ecosystem has a data pool of over 5.0 million global innovations across many industries with solutions that may already address your organisation’s challenges. Alternatively, organisations can list their challenges and request solutions from innovators.
EarlyBirds Ecosystem Maps
EarlyBirds’ offers Ecosystem Maps to help organizations address pressing issues. Each contains startups, scaleups, and mature companies involved in specific themes and sub-themes so organisations can plot a path towards innovation. The maps also track numerous daily and historical news and media articles from across the world.
EarlyBirds Explorer Program
The Explorer Program is tailored towards those who need innovation as a service to supplement existing innovation programs, or to conduct innovation projects when required. It is designed to speed up the process of technological innovation for the organisation as a service.
The Explorer program includes several features including quarterly and monthly innovation days; regular webinars to help stimulate innovation in the organisation; a focus on types of innovations; a platform enterprise license; and a nominated SME for the business.
EarlyBirds Challenger Program
The Challenger Program focuses on a single organisational or technical challenge. It looks for the most relevant innovators that meet your organisational, technical, and risk requirements.
The program is run by an EarlyBirds Subject Matter Expert who identifies your key issues. The SME then searches the data pool to identify and curate options for further evaluation. The most suitable option is chosen and the SME drafts a roadmap of next steps, POC, trial, or implementation.
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Does your organisation realise the importance of improved cybersecurity, but you don’t know how to achieve it? Do you need to plot a strategic path towards effective innovation?
Those who want to accelerate cybersecurity innovations to protect their organisation can register at https://earlybirds.io/. Those unsure of which option is best suited to their needs can schedule a consultation. We use an individualized approach to ensure you find the best possible solutions.
Our experience extends to the Food Industry, Retail, Healthcare, Operations & Maintenance, Manufacturing, Finance & Insurance, Energy, Education, Cybersecurity, Sovereign Nations, the Public Sector, and many other areas. Let us help you stay one step ahead of cyber criminals.
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