Cybersecurity is becoming an increasingly larger issue for businesses all over the world, with security breaches occurring on a more regular basis than ever before.
And while security breaches of large companies tend to be the ones that make the news, small businesses are at bigger risk than ever before. Hackers and cybercriminals tend to target smaller businesses since they often have less stringent security measures and little knowledge of the risks. That’s why if you run a small to medium business, being aware of the upcoming trends in cybersecurity is more important than ever before.
By now, everybody knows the terms malware, ransomware, and phishing. Any business owner who understands the dangers cybercrime will be aware of these common attack types and the risks that they hold. But, what’s new when it comes to phishing attacks? We are all aware of email phishing attacks where fake emails are sent to trick you into thinking that they are from a legitimate source. However, with IoT continuously evolving and an increased reliance on smartphones, there are more and more ways to collect and exploit data which is leading to an increase in targeted phishing attacks.
Technology is often used to solve the problem where the human error might be a concern. And recent advances in artificial intelligence-based security processes, these solutions have been able to take cybersecurity to new levels. In 2021, we can expect to see a lot more use of AI to respond to cyberattacks. AI can respond to an attack in second compared to the minutes, days or even weeks of a human specialist.
Cloud solutions are expected to continue to be increasingly affordable and available to small to medium businesses throughout 2021. Cloud services provide a one-stop solution for both hosting and operating a majority of cloud infrastructure in a centralized online environment. This makes cybersecurity easier and eliminates the need to rely on third parties for applications, software and storage which removes many of an attacker’s routes.
Since human error is often a huge factor in data breaches today, there is likely to be a huge increase in efforts made to ensure that employees are more educated when it comes to potential cybersecurity threats. With an increasing number of attacks now being personalized and camouflaged to target any member of the business, it’s never been more important for companies to provide cybersecurity training and increase awareness across the board.
With laws and legislation tightening up around the world regarding data storage and protection, businesses that retain any kind of data on their customers or clients are expected to face increasing pressure from auditors, compliance regulators, and governments. Data collection and storage is becoming increasingly more mainstream with almost every business today requiring some kind of data collection for marketing and customer relation purposes. As you can see at Nuwber, there is a growing amount of personal data available online today. If your business gathers data on your customers this is a key target for cybercriminals, so strict storage rules are key.
Cybersecurity is a growing concern for businesses of all sizes all around the world. Knowing what to expect from upcoming cybersecurity trends is important to stay on top of the curve and protect your business from an attack.