Major Challenges For CyberSecurity in 2022

Cybersecurity is a severe problem for all countries around the world. As computer network access increases exponentially, the number of cyberattacks grows. Many government, military and commercial organizations get hacked by either cybercrime or state-sponsored actors.

Entities all over the world must dedicate current efforts to cybersecurity in order to prevent future threats. As technology improves, so do security risks. In 2022, there will be a major increase in cyberattacks on devices with embedded systems. These embedded systems are critical to the operations of some major infrastructures, and their failure would lead to catastrophic results. Get security service from Corpus Christi Information Services to protect your organization against cyber threats.

We have compiled a list of the most daunting Cyber Security challenges for you to safeguard your personal and professional data from any possible dangers in 2022.

Top 7 Challenges of Cyber Security look out in 2022

Ransomware attacks

Digital extortion or Ransomware attacks will be the most common cybercrime by 2022. Criminals typically demand a ransom for sensitive data in exchange. For example, they send an email with malware attached; once the user clicks on the attachment, the malware will encrypt the user's data and render it useless.

The cybercriminals then demand a ransom to decrypt the data. Usually, the ransom is paid through Bitcoin cryptocurrency. The hackers have turned to this practice because it is more difficult for law enforcement agencies to trace them.

IoT attacks

IoT (Internet of Things) is an emerging market that will grow exponentially and become a primary cyber security risk by 2022. IoT products are embedded within everyday objects, enabling them to send and receive data.

This makes everything more accessible and convenient for the user, making our data more exposed to security risks. For example, if your smart TV gets hacked, it could provide entry into your network devices. If a user is in range of a hacked IoT device, the hacker can activate the microphone and listen to their conversations.

Without proper security measures, managed IT service providers won't let any IoT device connect to your network. So, avoid taking risks and hire an experienced Managed IT service provider.

Machine learning and AI attacks

As machine learning becomes mainstream, cybercrimes will use it to conduct activities such as automated account creation, spam email campaigns, creating malware, hacking social media accounts, or finding sensitive information.

Machines can also get trained to conduct a cyberattack without human intervention. Hence, automated machines could potentially conduct cyberattacks. For example, Microsoft showed that a botnet could be created by training two neural networks to communicate with each other.

Data Brokering

In the next five years, massive data brokerage will become a major Cyber Security challenge as large corporations attempt to collect as much data as possible.

They build complex algorithms and complex models of people. Data brokers collect information, including public records, loyalty card programs, marketing surveys, and other public records. This information is used to create a digital footprint of individuals' behavior, interests, and activities to predict their future behavior.

For example, when a data broker holds information on your health history and credit status, they could sell it to an insurance company that would use this to determine your insurance premiums. Therefore, the more data collected about individuals and the larger, more accurate, and complex datasets become, the greater their value will be.

There should be a disaster recovery service to avoid such a crisis and proper cyber security architecture to defend against the attack.

Massive Data Breaches

The next big Cyber Security risk we'll see is the constant flow of massive data breaches, resulting in privacy and personal information loss. It includes activities such as:

Identity Thefts

The theft of private information such as name, Social Security Number (SSN), date of birth, or account details impersonates someone else. They do this to access new credit cards, loans, or mortgages.

Medical Identity Theft

It is the process of using another individual's name, date of birth, and other personally-identifying information to receive medical services or products fraudulently.

Credit Card Fraud

Credit card fraud is an illegal acquisition or use of a credit card or other fraudulently obtained payment device without consent. It can also be an attempt to unlawfully get money, goods, or services by charging someone else's card without permission.

These can be stopped if you have cybersecurity architecture in place. So hire a leading IT consulting firm to handle your security needs.

Domain Hijacking

Domain hijacking is a cyberattack where the attacker seizes control over your domain name and redirects it to a different IP address. For example, if your website is anythingbudgetservices.com, the attacker could redirect that to another site that looks legitimate but redirects you to a different page.

To avoid domain hijacking, always go for managed IT service providers so that they can secure your website/domain.

BYOD Policies

Bring Your Own Device (BYOD) policies are used to allow employees to use their own smartphones, tablets, or laptops for work purposes.

It permits them to be more productive while giving companies the advantage of supporting a range of devices, so they do not have to provide all their employees with the same equipment.

However, BYOD policies could jeopardize company data if a device is stolen or lost. It is because employees have been known to use their own devices for work purposes, download unauthorized apps and upload sensitive company data to their cloud accounts.

Also, to be protected from malware and viruses, powerful antivirus software should be used in the device.

Conclusion

Cyber security is a continuous process that involves identifying, prioritizing, and planning for potential risks. These risks could be anything from a cyberattack to human error. Therefore, it is essential to know where you are most vulnerable in your organization and prioritize your efforts accordingly. Get your organization's security service in Corpus Christi to defend your organization's cyber security.