While the business and economic world is still dealing with mitigating the losses and impacts of the ongoing outbreak of the coronavirus, many startups are already considering investing in cybersecurity measures.
The majority of young businesses that are only starting are now fully aware of the importance of having a reliable cybersecurity technology protecting the assets and sensitive data. Every business today has streamlined processes.
They use various systems and tech tools to go about their daily operations. However, the fact that these organizations are required to use the internet to function brings many different challenges along the way, aside from transforming the way companies do business and function.
2020 brought some challenges to the table, such as remote working compliance and security, email document exchange, increased accountability, insufficient software licenses, the lack of technology to keep your data and assets protected, etc.
The internet is a dangerous place if you don’t know how to protect yourself. In 2020, click-fraud campaigns hit an incredible $7.2B mark. It’s time to step up your cybersecurity game big time, and the best way to do that is to keep an eye on the coming cybersecurity trends in 2021.
AI-Powered Cyberattacks
Make no mistake, hackers are getting smarter more than ever before, and they have a very wide range of technology tools to support their evil plans. In fact, they are so advanced that they easily outpace most organizations when it comes to hacking techniques and technology used to breach the security measures.
The latest advancements in artificial intelligence made them even more powerful. Fortunately, you can use that same AI to fight back. There is an array of machine learning and AI tools you can use to stop any attacks, including data breach detection and the use of dynamic and static AI protection to detect, mitigate, and eliminate any potential threats and attacks. In addition, strong authentication can verify user identities and prevent unauthorized access. Learn more by reading this article on what is strong authentication.
Phishing Emails
Phishing emails remain one of the most dangerous means of a cyberattack. The latest hacking technologies made hackers more sophisticated than ever. They can completely abduct your email accounts and organize massive attacks that can endanger entire industries.
No matter how big or small an organization is, no enterprise is immune to phishing attacks. Malicious attachments, links, or other forms of phishing attacks, all these threats prey on the human nature of business owners, their partners, and employees.
Since every industry is quite occupied with mitigating the consequences of the coronavirus pandemic, this is the perfect moment to launch attacks and catch countless companies off guard and balance. While most organizations still struggle with remote work processes, hackers are free to find new weaknesses without any disturbances or interferences.
Cloud Jacking
From the moment the cloud security solution hit the markets, it has become the target of hackers and a concern for many e-commerce organizations. The cloud is simply an amazing platform with several options and possibilities.
More importantly, it can grow along with your operations. While this exceptional scalability is one of the driving factors of success in the digital business environment, the cloud isn’t without its downsides. One of the downsides is cybersecurity.
Since the cloud is business-centric, it gathers tons of companies. Hackers have plenty of lucrative opportunities here. They use cloud hacking or hijacking to pretty much take complete control of any cloud infrastructure.
It doesn’t take much coding knowledge to create an automated exploit script that is capable of giving you control over some organization’s cloud infrastructure and all the data within it. In fact, these scripts are so effective that the majority of incidents happen because of them.
The cloud jacking script can steal any piece of information hackers need. Cloud computing management credentials, administrator’s API keys, permissions, and sensitive business data can be easily stolen and used for whatever purpose hackers want to achieve.
Once the credentials are in their possession, it’s almost impossible to stop them from performing further attacks. Anything that contains exploitable data becomes an instant target in what is to become a cascade of unstoppable events.
More Ransomware
Ransomware attacks have been around since forever, but don’t make a mistake by thinking they are outdated and harmless. Hackers have ways to build on and upgrade the existing ransomware threats and make them more powerful than ever.
In 2021, more businesses will experience ransomware attacks than ever before. There are certain predictions that indicate that global damages from cybercriminal activities will reach the staggering $6 trillion while the price of ransomware to organizations will top $20 B in 2021.
Conclusion
These are serious predictions that indicate the seriousness of the cybersecurity aspect of running a business online in the future.
So, to thoroughly prepare your organization for 2021, it’s time to start considering top cybersecurity solutions that should ensure maximum protection for your business.
The sooner you start, the more effective and efficient you become at dealing with all the threats and mitigating the consequences.
