In 2018, the spotlight on cybersecurity is set to intensify as media outlets highlight critical issues throughout the year. With this in mind, here are five key industry predictions that will shape the landscape of cybersecurity in 2018:
**1. The discussion around post-quantum cryptography and its impact on network security is gaining momentum**
As quantum computing advances, discussions about its implications for cybersecurity are becoming more prominent. Experts are now focusing on encryption agility—how organizations can adapt their cryptographic systems to future threats. The development of post-quantum cryptography (PQC) standards is expected to be a major topic, influencing how enterprises secure their data and infrastructure. While no single algorithm will last forever, the question is when these changes will occur. Companies must prepare by developing flexible encryption strategies to protect everything from connected devices to critical infrastructure.
By 2018, the conversation will shift from theoretical debates to practical implementation. Businesses are likely to introduce tailored encryption solutions that address specific industry needs, helping them stay ahead of potential threats.
**2. Will blockchain go beyond cryptocurrency?**
Blockchain technology was a hot topic in 2017, and its influence is expected to grow in 2018. Many companies mistakenly assume that blockchain is inherently secure simply because it's decentralized. However, without proper digital signatures and identity verification, blockchain can still pose risks, especially in regulated industries. To address this, hardware security modules (HSMs) are being integrated into enterprise blockchain systems to enhance security. As interest in blockchain grows, more businesses are expected to adopt HSMs to ensure compliance and trust in their operations.
**3. Innovation continues to reshape the traditional payment sector**
The payments and banking sectors are constantly evolving, driven by new technologies aimed at meeting changing consumer expectations. While companies strive to bridge the gap between innovation and traditional operations, they are beginning to recognize the importance of modernizing legacy systems. This includes adopting more secure and flexible technologies to support digital payments, alternative payment methods, and even cryptocurrencies. At the same time, maintaining high security and regulatory compliance remains a top priority.
**4. GDPR implementation takes center stage, but eIDAS is also making waves**
2018 marks a significant year for EU regulations, particularly with the full implementation of the General Data Protection Regulation (GDPR) in May. Alongside this, the European Union’s Electronic Identity and Trust Services (eIDAS) regulation is also undergoing important changes. These updates ensure that electronic trust services—such as digital signatures and time stamps—have the same legal standing as traditional paper processes across borders. While many businesses are focused on GDPR compliance, the real challenges may come from the recognition and implementation of trust service providers.
**5. Autonomous driving technology advances, but safety concerns rise**
Self-driving car development exceeded expectations in 2017, reaching the peak of inflated expectations. However, real progress is being made in terms of security and standardization. More companies are launching safety-focused products, and mergers and acquisitions in the autonomous vehicle space are on the rise. Technologies from other industries, such as secure payment systems, are being adapted to meet the needs of the automotive sector. As vehicle-to-vehicle (V2V) and vehicle-to-infrastructure (V2I) communication improves, new payment solutions are emerging to support safe transactions, refueling, and toll payments. With the integration of GDPR and eIDAS, cross-border services become more complex, adding to the ongoing debate around the future of autonomous vehicles.
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