Top Cybersecurity Trends to Keep Track of in 2021

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Top Cybersecurity Trends to Keep Track of in
2021
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Last year the corporate world witnessed some
high-profile data breaches and sophisticated
cyberattacks on companies, government agencies,
and individuals. 2020 taught enterprises and
organizations a harsh lesson.
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While some organizations became aware of the
significance of cybersecurity, most of them
struggled to implement necessary security
measures. With a global pandemic and economic
crisis, the year brought an unfamiliar set of
challenges for the businesses with new and
unexpected ways of working that have changed the
prevalent norms. Here are the most expected
cybersecurity trends in 2021
Constantly rising IoT related threats The use
of IoT devices is expected to rise in 2021. IoT
(Internet of things) provides a lot of advantages
to organizations, including productivity and
cost-effectiveness. But it is also prone to
security threats and is an easy target for
hackers. As per the report published by Security
Today, the number of IoT devices will rise to 35
billion in 2021. With the increment in the
number of IoT users, IoT-related threats are also
growing at a rapid pace. The attackers target
consumer devices to break into the corporate
networks. According to a report published by
SonicWall, There was a surge of 66 in IoT
malware detection in 2020. That showcases how
frequently cybercriminals targeted home networks
and remote workers. This year will also be
challenging for organizations to protect
themselves from IoT-related attacks.
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Ransomware Threats Ransomware was one of the
trending threats in 2020 that targeted
organizations, healthcare systems, government
agencies, and individuals. Ransomware campaigns
such as Sodinokibi and Ryuk were at the top
of the list. Attackers used double-extortion
ransomware tactics. In double-extortion,
cybercriminals encrypt the organizations
sensitive data and threaten the organization to
leak it if the ransom is not paid. If victim
organizations become successful in decrypting and
restoring their compromised data, they still have
to give the ransom amount to stop it from being
exposed publicly. In 2020, during the global
pandemic, healthcare organizations were the
primary victims of the ransomware attacks.
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Increased Consumer Interest in Privacy
Consumers interest in data privacy changed
enormously in the past few years. The recent
large-scale data breach incidents such as
Equifax and ClixSense exposed the personal
information of millions of consumers worldwide.
These incidents lead a large number of consumers
concerning the protection of their privacy.
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Insider Threats Every organization has business
partners, third-party vendors, and employees who
can access a certain amount of information. These
are called insiders, and they are a significant
security threat to the organizations. Some of
them have a small amount of authorized access to
the information, while others can access crucial
information.
Securing Remote Workforce Due to Covid-19,
companies have normalized remote work culture. It
has become a permanent aspect of their employment
model. In a hurry to keep their business
functioning, many organizations shifted to this
model overlooking the security challenges and
risks associated with it.
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