Technology is advancing. It has altered how individuals interact and consume content for better and worse. It has impacted how businesses operate. Although the events of recent years have also affected workplaces, technology has had the most significant impact on companies and their workforce.
Over the years, technology has benefited companies by providing them with an opportunity to enhance their production and increase productivity levels. It has enabled businesses to deliver more innovative services, helping to mark them as one of the best options in the industry. The downside to technology is that it has enabled a rise in cyber attackers, causing great harm to businesses across the globe. It has forced companies to stop operations and say goodbye to employees due to the loss of funds from the negative impact of data breaches.
Even in the new year 2022, the rise in cyberattacks is anticipated to continue with technology advancing and cyber attackers using new techniques. Since hackers are finding new ways to compromise businesses, it is crucial for companies to be on the top of their game when it comes to cybersecurity. These are some of the cybersecurity trends for the New Year that every business leader should be well aware of.
Rise in Phishing Attacks
The momentous shift in how businesses worldwide operate has now also altered the way cyber attackers work. It has forced them to find new alternative methods to carry out any of their attacks successfully. One of the most common cyber-attacks observed in the industry is the technique of phishing. Here the attacker targets a specific user to access their data by stealing their credentials. They also use it to compromise either their identity or the system.
Increase in Ransomware
One of the most significant issues companies faced in the past year was ransomware. It was a growing problem for 2021. Experts believe it will likely continue throughout 2022, with incidents predicted to double. A ransomware attack typically works by encrypting critical files on a targeted computer. It then demands the affected user to make a payment for the files to be unlocked. In addition to this, these attacks are also responsible for displaying adult content at random. It can even block a person’s access to a specific app on the affected device. Being aware of preventing such attacks should be a top priority for companies, especially with the anticipated rise in cases.
With most businesses choosing to continue working remotely, cloud security is and should be a top priority. Cloud solutions have become an essential tool for companies with a remote working workforce. It enables team members to access vital and sometimes sensitive information they need from wherever they work. Relying on cloud services comes with its own IT security challenges. Business leaders need to ensure that their cloud solutions are well protected to avoid being at the risk of possible attacks.
Data privacy as a discipline
One of the key information security trends is the rise of information privacy as a discipline in its claim. Many high-profile cyber-attacks have a light-emitting diode to the exposure of innumerable in-person identifiable info records (PII). This, in addition to the introduction of stricter information laws worldwide, like the EU’s GDPR, means that information privacy is more and more being prioritized.
Organizations that do not adhere to regulations and client expectations run the chance of fines, unhealthy content, and losing client trust. Information privacy affects most aspects of a company. As a result, organizations square measure putting additional stress on recruiting information privacy officers and making certain role-based access management, multi-factor authentication, cryptography in transit and at rest, network segmentation, and external assessments to spot areas of improvement.
The Continued rise of AI
The sheer volume of cyber security threats is a lot for humans to handle alone. As a result, organizations have started turning more towards AI and machine learning to hone their security infrastructure.AI has been preponderant in building automatic security systems, language processes, face detection, and automatic threat detection. AI conjointly makes it potential to investigate a large number of risks at a far quicker pace.
As businesses look to invest and integrate new technologies into their daily operations, they must be aware of how to do it safely. It might be time-consuming to update the safety measures to prevent cyberattacks. However, keeping updated on cybersecurity trends and staying aware will help the business in the long run. Being consistent with regular reviews and constantly updating the safety measures will help minimize the risk of a data breach. Further, in doing so, the business will remain safe, and the sensitive information will be protected, while the company continues to operate regularly as they have minimized the risk. It will help them stay one step ahead of any cyber attackers.