In 2020, organizations face many challenges that they had never faced before. Due to the COVID-19 pandemic and the increase in work from home employees, it made the IT department vulnerable in most companies and resulted in data breaches and risks of cyberattacks.
As we’re going into 2021, these challenges are going to pile up along with new cybersecurity challenges that companies need to look out for.
Therefore, in this guide, we’re going to talk about the cybersecurity trends you need to know while going into 2021.
Cyber Security Trends in 2021
Here are some of the cybersecurity trends you should expect in 2021:
1. Enhanced Cybersecurity Solutions
While we head into 2021, Coronavirus will still be around, and working from home will become a new norm for companies to cut costs. While doing that, there still are growing concerns about cybersecurity and how well these companies managed to enhance cybersecurity while working from home.
To prevent further attacks, organizations will have to find the right security tool to ensure data is safe when accessed remotely. 2020 proved that organizations that had robust security controls for network and devices were more prepared to keep their data safe while remote working.
One such online privacy tool that can keep remote employees safe online against cyberattacks is a Virtual Private Network. A VPN keeps you safe online because all of your internet traffic remains encrypted in a tunnel when it flows to a destination.
New Zealand has been confronting an unprecedented scale of cyberattacks in the past few months, but by using a VPN NZ, the companies can prevent the majority of these attacks by hiding their online presence and keeping their network secure.
2. Increase in Ransomware Attacks
Almost one-third of businesses were affected by ransomware attacks over the last 12 months. Among those attacks, 75% of those companies ended up paying the ransom to hackers but only 70% of those companies were able to retrieve their data. When you have this much success rate for cybercriminals in ransomware, then expect these attacks to only grow in the near future.
With ransomware attacks, hackers can block users’ access to their system and take control of their databases. Then they request money before providing access back to the company.
It involves business own personal data along with consumers’ financial data. This kind of attack is likely to increase in 2021.
3. Continued Rise in Phishing Attacks
Email phishing attacks are the most common type of cyberattacks that happens to threaten cybersecurity. It has become so sophisticated that 97% of employees aren’t able to recognize the attack through emails. They end up clicking on the links provided in the email and compromise their data.
A single spear-phishing attack can cost an average of $1.6 Million if the attack is successful. While comparing the last 2 years data on phishing attacks, it suggests that these attacks will only grow in future.
Every other organization will have to face these kinds of attacks so it’s better to prepare employees on recognizing the phishing emails and when not to click on the links.
Providing training to employees is considered the only best option in fighting against phishing attacks.
4. Cybersecurity Skills Shortage
When the COVID-19 pandemic hit the world and employees were forced to work from home, it was then predicted that at some point in time companies will be needing tons of cybersecurity personnel up to 3.5 Million positions by the year 2021. They were indeed right to predict that from the start.
A recent study also suggests that there will be a global need for an online security workforce and it will increase by 145%. The cybersecurity expertise will become a greater need for every type of business whether it be a company with 100 employees or the one with over 500 employees.
5. 5G Cybersecurity Concerns
5G is the new generation of mobile networks and technologies that will be widely available throughout the world in 2021. It will provide remarkably fast internet speed that will help businesses, individuals, and the government.
With 5G on the horizon, except that the stakes for safeguarding the network will be even higher. 5G deployment will come at greater risk and it will bring vulnerabilities with it. The threats of cybersecurity will increase tenfold.
As closer we get to 2021, we expect cybersecurity threats coming our way. The 5G vulnerabilities, data security concerns while employees work from home, continued rise in phishing attacks, and so much more is only the beginning.
To avoid all that from happening and preventing companies from any cybersecurity threats, organizations need to develop a strong IT infrastructure that can hold the base of a company even during a pandemic where people are forced to work from home.