The number and severity of cyber-attacks are only likely to increase as cyber-threat actors refine their techniques and leverage automation and machine learning.
FREMONT, CA: The last few years have been ordinary, both in cybersecurity and business in general. However, the COVID-19 pandemic has altered how business is conducted, and cybercriminals have adapted by tailoring their tactics to the new reality.
The major challenges businesses face in 2021 and what they can expect in 2022.
1. A Rise in Cyber-Attacks
Certain threats become more prevalent every year as cybercriminals concentrate their efforts on a particularly effective or profitable attack technique, such as ransomware or cryptojacking. However, one of the most concerning trends in 2021 was the overall increase in cybercrime.
Such a rapid increase in attacks portends disaster for 2022.
2. There is an Increase in Supply Chain Attacks
The high-profile supply chain attacks of 2021 proved that it is a viable and potentially profitable attack vector for cyber threat actors. In 2022, cyber threat actors are likely to increase their use of supply chain attacks to broaden the reach and impact of their attacks.
3. The Cyber Pandemic Persists
As cyber threat actors took advantage of changes in IT operations, the pandemic sparked a cyber-pandemic. Because of remote work, employees' computers – often personal devices – became a company's first line of defense. The surge in cloud adoption to support remote workers and meet digital transformation goals created new attack vectors for cyber threat actors.
4. Cloud Services are a Priority
The pandemic-inspired change to remote work has resulted in the rapid adoption of cloud-based infrastructure and services. Software as a Service (SaaS) solutions filled critical gaps, such as the requirement for online meetings and file sharing, and cloud-based infrastructure became more accessible and easier to manage by a remote workforce.
As cloud adoption grows, so does scrutiny from both ethical hackers and cyber threat actors. The example of 2021 shows that more cloud security issues are likely to be discovered in 2022 and beyond.
5. Ransomware Attacks are Increasing
The WannaCry ransomware outbreak in 2017 catapulted it to prominence. Many ransomware groups took shape, making it a top-of-mind and costly threat for all businesses.
6. Mobile Devices Pose New Security Risks
The widespread adoption of Bring-Your-Own-Device (BYOD) policies was another effect of the shift to remote work. As a result, companies may have increased productivity and employee retention by allowing employees to work from personal devices. Still, they have also lost vital security visibility and the ability to respond to infections that threaten corporate systems and solutions.
Defending Against Evolving Threats in 2022
Modern cyber threat campaigns necessitate responding quickly and correctly to rapidly evolving attacks that can strike anywhere within an organization's IT infrastructure. As a result, organizations require complete security visibility, real-time threat intelligence, and integrated security architecture to support coordinated and automated threat prevention and response across corporate IT infrastructure.