It’s within this expanded terrain for cyberattacks that the security trends of 2021 and beyond are taking shape. Workers are engaging with company resources from diverse locations. At the same time, businesses have ramped up their digitalization journeys to be more flexible and agile after COVID-19’s disruption of supply chains. The result is a dynamic tech environment where the continuity of business operations – and ultimately market competitiveness – will rely on robust cyber protections.
To close out the year, U.S. telecommunications giant T-Mobile announced it had been hacked. In a notice, the company said its cybersecurity team had discovered and shut down malicious, unauthorized access to some information related to T-Mobile accounts.
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I have been in the cybersecurity industry for more than 20 years now. I have founded, operated, and exited several cybersecurity startups. I also advised, invested in, and even acquired a handful. Despite successful outcomes, my experience has left me perhaps a little jaded. Are we winning the battle? When I log into my various web accounts, I am so often reminded that my password had been stolen, sometimes alongside with my personal information. Even major financial institutions and government agencies have suffered a similar fate. Cybersecurity is broken, and here is why.
Lessons are best learned when we don’t expect them. When someone proselytizes us or pontificates, our defenses go up. Therefore, the best time to influence someone is when their guard is down.
Threat actors who phish see themselves as businesspeople, even if that business is illegal. They’re always seeking ways to maximize their profits, and with phishing, they know they can do that by better tailoring the email lure to resonate with the intended recipient.
As we changed the way we work, cybercriminals followed because the modern criminal is constantly evolving in line with shifts in online behavior and trends. As we prepare to welcome 2021, what trends can we expect from the cyber world?
Trends that emerged in 2020, along with some new predictions, will have a huge impact on 2021 as these technologies continue to evolve and deploy even more quickly. Adoption of emerging tech will be even faster next year and securing data in these environments must finally move to the top of the priority list because more depends on security than ever before.
The ongoing cyber skills gap affects organizations worldwide and ultimately affects the entire digital economy. And cybersecurity changes and evolves at break-neck speed, which makes it harder to keep up with training and learning. On top of this, as remote work increasingly becomes the norm, and infrastructures become more distributed, the need for IT pros with up-to-date security skills and knowledge will continue to grow.
Avast found that almost 40% of small business employees think that a staff member who unknowingly clicks a malicious link would be held personally responsible for a data breach, which could be encouraging employees to keep quiet rather than flagging a potential threat.