Cyber Security Trends of 2021

With the rapid modernization of society comes the mass adoption of a variety of new technologies. Currently, all entities from large to small corporations and everything in between are digitizing their systems so as to better systematize and streamline their everyday activities. This shift in the general way work is formatted has also seen the growing popularity of cybersecurity take its place among other standard office protocol. Hence, this upward trend has seen several topics of interest grow in popularity. In this article we will take a look at some of those topics:

 1. The Vulnerability of Cloud

Cloud technology is slowly working its way into the world of everyday office management, simply because of its streamlined nature and the convenience that it brings. However, the increased potential for security breaches in this regard also runs parallel to the technology’s widespread adoption; such vulnerability results in the need for better cybersecurity, with Google, by default, equipping its applications like Microsoft Slides and with innate security protocols.

 2. Insider Threats

Being hacked by faceless perpetrators is always a scary prospect. However, what if the threat comes from the inside? Indeed, having your employees handle vast amounts of crucial data can always mean, at least the possibility for stolen data. Some insight through a study conducted by Verizon showed that 34% of data breaches came in some way from those who already worked in the company. It is therefore key that cybersecurity is present even in places that are seemingly the most secure.

 3. Automation

The amount of data that exists in the world today is only going to grow in size. Therefore, it is a fact that the need for better and more efficient data management will increase as the growth of digital technology grows as a whole. The increasing demand for results that go hand in hand with the fast paced work culture of the 21st century is also a testament to this growing demand for more automated forms of management. With the general amount of data proliferating throughout the world only set to increase, cybersecurity services will be following close behind so as to accommodate this natural acceleration in data and its management.

 4. Emergence of Ransomware

Though a relatively common threat, this particular type of security breach has the potential to cost the company an extremely expensive amount, as can be seen in 2020, where such ransomware attacks had cost an average amount of $4 Million. Because of the frequency of ransomware in this day and age, and the relatively large amount of damage it can cause to a company, the future will see a greater demand for cybersecurity experts to safeguard systems against not just ransomware, but viruses of all kinds.

5. Multi Factor Authentication

The prevalence of cyber-attacks has furthered the need for better methods of password protection. Although standard use of passwords are always a must, these days there is a demand for savvier strategies of password protection. Multi Factor Authentication is an extra precaution that companies can take in guarding their assets from cyber-attacks; this involves utilizing several different factors in validating the identity of the user before accessing any data. This means users will have to confirm their identity through 2 devices or sometimes even more.

6. Advancing AI

Machine learning technology has grown exponentially within only the past couple years. As such technologies continue on their path of unrelenting improvement, it would be only logical that companies around the world adopt such tools into their work systems as part of their digital infrastructure. Specifically, in the area of cyber security, the applied science of Artificial Intelligence has the potential to greatly change the nature of data protection. For example, AI has been more and more involved in the creation of automated security systems. Such systems will drastically minimize human involvement in this area. Also, the ability of Artificial Intelligence to review and calculate huge amounts of information about risk factors will be a key element in assisting both large and small companies sift through large quantities of information.