Top 7 Cybersecurity Trends for 2022
A digital and cloud transformation revolution is happening across the globe and no corporate, large or small organization, or government can choose to shy away from it anymore. With all business and government entities relying heavily on computers and software for managing their activities, robust cybersecurity has become a primary goal. Continuous advancements and innovation in technology have brought a paradigm shift in cybersecurity trends that can be expected in 2022.
Here are the top 7 cybersecurity trends for 2022.
1. Integration of automation
The amount of data being generated, shared, and stored in the world is increasing exponentially every day. With this massive amount of data circulated, automation must be incorporated in businesses to give more systematic control over the data involved. The present-day hectic work-life demands professionals to deliver quick solutions, which makes automation even more valuable than ever.
In 2022, enhanced security measurements will be integrated into the agile processes to create more secure networks and software. Large, complex web applications are more difficult to safeguard, making automation and cybersecurity to be a primary priority in the software development life cycle.
2. More investment in cybersecurity insurance is expected
Cybersecurity insurance is a cybersecurity trend that’s expected to gain more momentum in 2022. Companies will take cyber insurance more seriously. Policies are expected to mandate higher standards of security. The increase in cyber security attacks (and the subsequent insurance payouts becoming frequent and costlier) has called for cyber insurance companies to increase the cost of cyber insurance. A similar increase can be expected in 2022. What’s more, is that insurance policies will now require the execution of stricter security standards to minimize the risk of cybersecurity incidents.
3. Cloud could also be targeted
With millions of organizations worldwide taking the cloud route, enhanced security measured have to be taken by cloud providers and vendors. The cloud environment also has to be regularly monitored and updated to secure the data from being leaked. Cloud applications, like AWS and Azure, are well-equipped when it comes to security. However, it is the user’s end that might act as a potential entry point for malicious attackers and software.
4. Securing mobile networks will become key
Our world revolves around our smartphones. With the pandemic blurring the lines between personal and professional life, mobile has become the new target for many cybercriminals. In 2022, there might be a more than 50% increase in mobile banking attacks or malware, making our smartphones a high-risk prospect for attackers.
All our data, including pictures, transaction passwords, emails, and messages are prone to cybercrime. Smartphone malware and virus might get the attention of cybersecurity trends in the following year.
5. Internal cybersecurity threats might increase
A data breach research by Verizon giving insights on cybersecurity trends found that 34% of cyberattacks were indirectly or directly linked to employees [1]. With companies working on hybrid models, the risk of human errors leading to cyberattacks is expected to increase in 2022. Knowingly or unknowingly, a huge percentage of cyberattacks are caused due to human error. Even a small loophole or human error can bring the network of the entire organization down and result in millions of stolen data points.
6. 5G Network, IoT and Cybersecurity
The advent of 5G networks is giving birth to a new, improved era of connectivity. The technology that’ll benefit the most from the growth of 5G is the Internet of Things. Though there are no doubts about the utility of IoT, the communication amongst multiple IoT devices also makes them vulnerable to cyber-attacks and unknown bugs. The 5G network is comparatively new and might bring various network attacks that we aren’t aware of. 5G architects need to be strict when building sophisticated 5G software and hardware to reduce the risk of data breaches.
7. Targeted ransomware
This is one of the most important cybersecurity trends which cannot be ignored. In developed and developing countries, industries depend on software and automation for daily operations. Targeted ransomware targets specific industries to cause harm on a larger level. For example, the ‘Wanna Cry’ attack that was targeted on Scotland’s National Health Service hospitals affected over 70,000 medical equipment and devices. Usually, ransomware attackers threaten to make data public or sell in the black market unless the ransom is paid, but it can still cause harm to organizations, and sometimes nations too.
It is expected that companies worldwide will spend over $100 billion on protecting their IT assets alone in 2021. IT infrastructure security is not a choice anymore, it is an integral part of any organization. We, at PruTech Solutions, offer cutting-edge cybersecurity solutions for businesses. Reach out to us to discuss your requirements here.
Sources
[1] Welivesecurity by ESET, Verizon (2019) “Verizon’s data breach report: What the numbers say” [Online] Available from: https://www.welivesecurity.com/2019/05/13/verizon-dbir-what-numbers-say/ [Accessed December 2021]