Cybersecurity continues to grow in prominence as news of data breach, ransomware and hacks become the norms. Cybersecurity is of vital importance, and any organization with valuable data that needs to be protected should ensure they are fully aware of the biggest cybersecurity trends in 2022. Being abreast with the latest trends in the cybersecurity industry can help you improve and plan for the future of your organization’s digital security strategy.
In this article, we’ll take you through the top five cybersecurity trends you may want to keep an eye on in order to stay current with today’s cybersecurity trends.
1) Cybercrime is Rising
Experts anticipate cybercrimes to cost the world over $10 trillion by 2025, as cybercrimes continue to surge at unprecedented rates. Cybercrime is a huge problem—and not just for individuals. Corporations face serious consequences in terms of loss of sensitive data and customer information, fines and other legal liabilities, reputation damage and more.
In 2018, record numbers of data breaches have made headlines around the world. As cybercrimes grew over 600% just last year, it doesn’t look like things will get better anytime soon. In fact, experts say that cybercrime is becoming more sophisticated and organized, making it harder than ever to protect against.
2) Large-scale attacks becoming more common
We have already seen a number of large-scale attacks last year, including WannaCry and NotPetya. Experts predict that there will be more of such massive cyberattacks in future. The reason behind these trends is quite obvious—as more people come online, so do their computers. The numbers are staggering – Internet usage has increased from less than 600 million users in 2000 to over 5 billion users today.
As more devices connect to each other through networks, it becomes easier for hackers to break into systems. They can also use botnets (networks of infected devices) to launch DDoS (distributed denial-of-service) or ransomware attacks on multiple machines at once to execute large-scale cyber espionage attacks.
3) The advent of IoT security flaws
The rapid proliferation of IoT devices in homes and businesses has created a perfect storm that exposes enterprises and consumers alike to a whole host of new security threats. It’s estimated that there will be more than 30.9 billion connected devices by 2025, which is why it’s vital to implement strong IoT security measures now.
It’s not just about protecting consumer privacy either—businesses must also ensure their networks are secure from attack as well, especially since many employees are bringing their own smart devices into work with them. Since 88% of all data breaches are caused by employee mistakes, it is critical for employees to develop appropriate cybersecurity policies that require employees to follow best IoT security practices for both personal and work devices.
4) Larger attack surface
More connected devices and digital transformation creates a larger attack surface than ever before. With more and more devices on unsecured networks, including smart home devices and IoT, cybercriminals will have a larger opportunity for data theft and destruction. In response, organizations will be forced to secure their new-age connected assets using next-generation security solutions. Businesses investing in next gen cybersecurity solutions can put themselves in a better position to defend against current and future cybersecurity threats.
5) Increasing user awareness on how they store their data
With recent data breaches becoming a norm in almost every industry, users are now more aware of how they store their information. Security is a top priority, especially when it comes to safeguarding financial and personal data. In order to prevent another massive data breach that may jeopardize thousands of user accounts, people are looking out for new security features as well as ways on how they can protect their information from cyber threats.
Companies offering cloud storage services have begun introducing password managers to help customers keep track of multiple passwords without having to worry about someone hacking into their account. Others have also started providing encrypted email services so users can send messages securely without worrying about malicious attacks or data breaches. This trend will likely continue into 2022 as organizations become more vigilant in implementing stronger cybersecurity measures such as encryption, two-factor authentication and password managers.
Bottom Line
Cyber-attacks are on a rise, and no wonder companies all over are investing heavily in cyber security solutions. In fact, cyber attacks have become so common that even small businesses have started taking measures to protect themselves from such attacks. The importance of cybersecurity is not limited to big corporations alone; it has become necessary for every business whether big or small. It’s time you too take steps towards securing your business from cyber threats. The above mentioned cybersecurity trends can help you develop an understanding of the current state of cybersecurity and future industry trends.
