Top Cybersecurity Trends For 2021 and Beyond
Hackers can expose your personal information or even shut down your entire business operations for any number of hours or days. The growing sophistication of these attacks has led various organizations to clamp down on cyber criminals—the back and forth affair defining the cybersecurity trends we’re experiencing today.
cybersecurity trends and how they have been reshaping Internet privacy and IT security.
Cybersecurity Trends Table of Contents
• User Awareness
• Geo-Targeted Phishing Threats
• Attacks on the Healthcare Sector
• Machine Learning
• Cloud Security
• GDPR Compliance
• Threats to Higher Education
• Vulnerability of IoT
• Mobile Devices as Attack Vectors
• Financial Services Cyberattacks
Cyberattacks are now the fastest growing crime on a global scale. Financial losses from cybercrime exceed the total losses incurred from the global trade of all illegal drugs.
Half of these cyberattacks are targeting small businesses that usually don’t have sufficient cybersecurity measures to protect themselves from such threats. Based on a 2020survey, the most common cyber attacks experienced by US companies are phishing (38%), network intrusion (32%), inadvertent disclosure (12%), stolen/lost device or records (8%), and system misconfiguration (5%) (BakerHostetler, 2020).
1. User Awareness
As cyber threats become more aggressive each day, businesses and organizations take major steps to strengthen their security measures.
2. Geo-Targeted Phishing Threats
Phishing attacks are currently the most pervasive security threat to the IT sector, with many still falling victim to phishing emails. Since cybercriminals use more advancedmethods to create well-executed business email compromise attacks (BEC), phishing emails and malicious URLs.
3. Attacks on the Healthcare Sector
Failing to combat cyber threats in the healthcare sector exposes many individuals and organizations to all sorts of liability and security issues. This led to hospitals and health organizations investing more in cybersecurity.
4. Machine Learning
In cybersecurity, the role of machine learning (ML) is growing and has now become more proactive. With ML, cybersecurity simpler, more effective, and, at the same time, less expensive. From a rich dataset, ML develops patterns and manipulates them with algorithms. This way, it can anticipate and respond to active attacks in real-time.
5. Cloud Security
With the help of the best cloud management software solutions, more and more businesses and organizations are migrating to the cloud. However, most cloud services right now do not offer secure encryption, authentication, and audit logging. Some also fail to isolate user data from other tenants sharing space in the cloud. Therefore, IT security professionals see the need to tighten cloud security.
1. Spiceworks Security: reliable IT management solution that enables IT, professionals, to monitor the status of their network and all devices connected to that network.
. Our Spiceworks Security review provides in-depth details about this product.
2. ManageEngine Firewall Analyzer: An all-in-one configuration management and logs analytics software that helps users monitor firewall policy and understand their internet security better, thanks to the robust reporting function. To find out more, read our ManageEngine Firewall Analyzer review.
3. Webroot SecureAnwhere: An innovative endpoint security software built to help businesses thwart malware and other forms of cyber threats. Find out more about this solution in our Webroot SecureAnywhere review.
4. Bitdefender: A powerful cybersecurity solution designed to help businesses as well as individuals to protect their devices from digital threats. Read our Bitdefender review to find out more about its capability.
5. AVG AntiVirus: A powerful antivirus software built to guard organizations against all forms of dynamic, unknown, and advanced cyber threats using an intuitive
IT security approach. To learn more about this software, read our comprehensive AVG AntiVirus review.
6. GDPR Compliance
The general data protection regulation, or GDPR, is one of the most significant developments in data privacy regulation across the European Union (EU) nations. But while the law has EU origins, any company that is marketing goods or services to EU residents need to comply with the new regulation regardless of their location. Consequently, GDPR is having an immense impact on global data protection requirements.
7.Threats to Higher Education
Cybersecurity is now among the top priorities of those in the higher education sector, especially with the rise of online learning and remote work in pandemic times.
8. Vulnerability of IoT
Security issues keep plaguing most IoT devices dominating the market today. Computing devices embedded in IoT products allow for sending and receiving data over the Internet. This poses significant security threats to users, exposing them to cyberattacks like DoS or hijacked devices. As IoT connects the virtual space and the physical world, home intrusions are adding to the list of the scariest possible threats that IoT brings.
9.Mobile Devices as Attack Vectors
These days, nearly everyone uses smart mobile devices—66.6% of the world population as of 2021, to be specific (DataReportal, 2021). Most leading ecommerce softwareand platforms are accessible through mobile platforms. Cybercriminals, however, see this as an opportunity to target mobile users and use mobile devices as attack vectors.
10. Financial Services Cyberattacks
Aside from phishing attacks, the most common threats faced by insurance companies, banks, and asset managers include malware attacks and data breaches. report by Boston Consulting Group revealed that financial services firms are 300 times more prone to cybersecurity attacks than businesses in other industries (BCG, 2019).