When it comes to cybersecurity threats, every passing year seems to be the worse year of all. Cybercriminals are deploying new tactics and tools to attack strongly. Despite the COVID-19 pandemic, the year 2020 has been the worst in terms of cybercrimes, causing thousands of businesses to get hit by data breaches and other cyber-attacks. For the year 2021, the projections are considering it another worst year in terms of cybersecurity threats, as cybercriminals will utilize new sophisticated methods to bypass the security and make an impact. While we are still not getting over with COVID-19 pandemic, the following are the top cybersecurity threats in 2021 you should also be aware of:
There was a perception that remote working will be temporary, but it has turned completely opposite. The on-going pandemic has made remote home-based working and decentralized workforces an integral part of businesses. Remote working has given cyber-attackers more room for attacks, as the security infrastructure in remote working isn’t effective enough. Due to that, we will witness many cyber-attacks targeting home computers and networks in 2021.
Cybercriminals will utilize the on-going pandemic as a theme for setting up phishing campaigns. Such attacks are mostly associated with major news, such as new vaccine announcement, the surge in new cases, etc. What they will try to do is make the unsuspecting victims click on the attachment or malicious link and extract the sensitive information from there.
Ransomware is considered one of the worst cyber threats for businesses, and the rise of it is not going to stop in 2021. As per the Cybersecurity Ventures research, every 11th second, there will be a ransomware attack on a business in 2021. They project the overall cost related to ransomware attacks to reach USD 20 Billion in 2021. Large to medium-sized businesses are more likely to be the victim of ransomware attacks.
IoT devices are becoming an integral part of organizations to carry out daily business activities, enhance customer service, capture data, control and manage infrastructure, etc. With the rise of 5G and other advancements in IoT devices, there will also be a rise in new cyber attack approaches. Cyber-attackers are using IoT loopholes to gain control of devices, networks, and other systems.
Cloud adoption has been a hot topic for the past few years, where millions of companies are shifting part of their IT infrastructure and applications to the cloud. Due to that, we have seen a major rise in cloud service providers. But this has also increased concerns related to cloud security. The global surge in cloud adoption is also increasing cloud-related security loopholes, such as misconfiguration, insecure interfaces, unauthorized access, etc. That’s why companies are going to invest more in 2021 for establishing rigid cloud security measures.
It is a bitter truth that we have failed to cope with cybersecurity threats. Despite billions of spending and developing sophisticated security tools, still every year, the network of cyber-attacks keeps growing. With the evolvement of new technologies, we will also see new approaches to cyber-attacks. It is not possible to say that a business can totally be saved from cyber-attacks by implementing security measures, but effective and up-to-date security measures can help decrease the chances of attack significantly.
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