As we start a new year, it’s important to know the threat landscape we face online. Even if you are taking the proper security precautions, you will probably be faced with a cyber-attack at some point. Living in an increasingly digital world means more opportunities for phishers, hackers, scammers and extortionists. As we head into 2022, there is, unfortunately, no sign of this letting up.
The average anti-virus protection isn’t enough to fight the threats from new cybercrime trends. The next five years are set to see a 175 percent increase in data breaches, making cybercrime among the most threatening and growing trends.
So let’s take a look at the most important and significant trends affecting our online security in the next year.
Cyber Trends to Follow
1. AI-Powered Cyber-Attacks
AI and machine learning are now becoming essential to information security. These technologies are capable of swiftly analyzing millions of data sets and tracking down a wide variety of cyber threats — from malware menaces to shady behavior that might result in a phishing attack. Artificial Intelligence technology continually learns and improves, drawing data from past experiences and present to pinpoint new varieties of attacks that can occur now or in the future.
As a result, AI technology allows cybercriminals to discover weaknesses that lead to crashes and data exploits easier than ever before.
2. Mobile Malware
Mobile malware is on the rise, with attackers shifting their efforts to smartphones and tablets.. While it hasn’t quite caught up to its PC counterpart in terms of quantity and complexity of attacks, IT security pros are seeing more mobile-specific malware designed to prey on smartphone features or tablet vulnerabilities.
Next year, we believe we will see an increase in sophisticated cybercriminal mobile attacks. As mobile wallets and mobile payment platforms are used more frequently, cybercriminals will evolve and adapt their techniques to exploit the growing reliance on mobile devices.
3. Space Satellite Hacking
Satellites are becoming more and more important for the modern world. The US defense and intelligence operations almost wholly depend on satellites today. From imaging and surveying every part of the earth, ensuring global communications, helping in transportation and tracking of ships and planes, gathering weather data, to providing location, timing, and navigation information, satellites are infiltrating every part of every day life.
Given our dependency on the operation of satellites and cybercriminals’ tendency to strike where it hurts the most, it’s safe to say we may see a space-related hack in the headlines one day soon.
4. Supply Chain Vulnerabilities
In 2021, the supply chain proved to be a consistent target for cybercriminals. Several major incidents over the past 12 months, like SolarWinds, Colonial Pipeline, JBS and Kaseya, have demonstrated the large-scale consequences supply chain attacks can have. Compromising a business supply chain is a key goal for cyber attackers, because by gaining access to a company that provides software or services to many other companies, it’s possible to find a potential way into thousands of targets at once.
“Supply chain attacks continue to be an attractive vector at the hand of sophisticated actors and the threat from these attacks is likely to grow. Especially as we anticipate technology supply chains will become increasingly complicated in the coming years. – Lindy Cameron, CEO of the National Cyber Security Centre (NCSC)
5. Ransomware Running Rampant
Ransomware is now one of the most lucrative aspects of the cybercriminal world. There were three times as many ransomware attacks in the first quarter of 2021 as there were in the whole of 2019. Going into 2022 we will see an increase in data breaches that will be larger scale. These breaches will also have the potential to cost organizations and governments more to recover.
This was a record, and we can expect ransom demanded by attackers to increase in 2022.
6. A Zero-Trust Approach
As the US continues to face increasingly sophisticated cyber-attacks, the US government is taking steps towards Zero-Trust Architecture. A Zero-Trust approach to security basically boils down to “assuming the breach.” In other words, assuming an attacker has already compromised one of your assets or users, and designing your network and security protections in a way that limits their ability to more critical systems.
IT and cybersecurity leaders across the government are all in agreement about the need to bolster agencies’ defenses and evolve to a zero-trust approach, so expect to see this policy adopted in 2022.
Reducing the Risk
In an increasingly dangerous threat landscape such as ours, you can’t afford to just keep doing what you’ve been doing and hope for the best. Start 2022 the right way! Make it a priority to improve your organization’s cybersecurity practices to secure business in 2022 and beyond.
At CTS, we’ve developed a framework to help businesses expertly navigate the cybersecurity landscape. Let us build a cybersecurity package tailored to your specific needs!
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