Is Your Business Cyberattack- Proof? Read This To Find Out

Cybersecurity is something that can help organizations grow their businesses competitively. There is an enormous potential in cybersecurity through which the small and medium businesses can confidently maintain their reputation plus prevent themselves from viruses and other malicious cyberattacks. And they need not ignore this!! The reason is that the information security market will grow to 170.4 billion dollars in 2022 (according to Gartner’s research). Such an upward projection is sufficient to make the organizations, consisting of small and mid-sized workforces, forcefully think about the solutions and the vulnerable challenges which are lying in the realms of cybersecurity.

Undoubtedly, there are some challenges that may emerge at times those businesses are offering services to the customers through security established by cyber networks. Such challenges are still not known, and it could be possible that they may heighten the difficulties of the renowned decision-makers. Let’s take a look at the biggest cybersecurity challenges which if dealt with appropriate solutions, can possibly help those small or bigger organizations overcome the board-level data breaches in the pandemic era.

What Are Some Of The Biggest Cybersecurity Challenges in 2021

Third Parties Can Unlawfully Misuse the Potential of 5G Network

5G network is something that is making the youth more curious. This is because it will let the current generation use their beloved gadgets more efficiently. But here arises a problem – the generation will be the victim of either the emotional or physical attacks. Such attacks will be from the side of cyber assaulters who will unlawfully enter the 5G wireless networks comprising complex architectures via various endpoints and misuse the data collected or stored by the smart plus speedy gadgets. Primarily, those attackers would be the third parties who have choked the necks of telecommunications departments with their revolutionary marketing steps. Till 2027, the 5G infrastructure market may reach 47.775 Million US Dollars. Thus, this is essential to identify the identities of third-party assaulters who are in a constant journey of taking unauthorized access to the users’ data and then, violating the privacy and trust towards the reliable and customer-centric organizations they are engaged with.

An Increasing Rate of Mobile Malware

Mobile malware is harmful software that can intentionally target the operating systems of mobiles and then, disturb their performances. The prime reason for its occurrence – non-secure usage of URLs over Wi-Fi or other internet networks. As per the 2021 Mobile Security Report, threats related to mobile malware are faced by 97% of organizations from different vendors claiming to offer next-level security to the existing cellular networks. And we can’t ignore such vendors because they will be inheriting Trojan activities, cyber-risks, and some vulnerabilities associated with them. Moreover, such an increasing rate of malware attacks over the existing mobile phones has become the pandemic theme of the COVID-19 times. Undoubtedly, the number will increase in the coming times because the masses are moving towards the remote working era and here, cybercriminals will be running their malware attack campaigns as this is and will be their assured resorts.

AI is Somewhere Controlling Cybersecurity Systems

Nowadays, healthcare industries and supply chain departments are adopting tools that support Artificial Intelligence. Also, those tools have some glimpses of Machine Learning and NLP with which they are helpful in controlling the datasets primarily involved with patients’ info or orders in which retailers/distributors are interested. As per the McKinsey report, more than 25 percent of healthcare organizations are investing in AI tools in this COVID-age. The main loophole in using those Artificial Intelligent tools is that passwords and biometric logins are modified frequently by the patients, distributors, and other participants of the supply chain. With that, hackers can feasibly pick the pain points thereby controlling the monitoring of details like address, bank details, etc. Since AI tools perform at minimal human input in real-times, healthcare and supply chain industries are sensing attacks of malware, ransomware strongly destroying their incentivize growth. No doubt, cybercriminals will be involved with data violence so that they can continuously gain access to that sensitive data for targeting more patients or supply chain participants.

The Growing Popularity of IoT Devices

The usage of Internet-of-Things devices is trending nowadays because of their robust reaction-time and the lesser cost they invite in processing the merits of the cloud technology. Furthermore, the solutions those devices push through their communication channels are incredible and considered by organizations comprising a varying number of workforces. However, with such growing popularity, cybercrimes are increasing continuously. This is because cybercriminals can expose the profitable assets whose data is accessed from some industrial cloud network. All this is known to professional attackers primarily involved with selling the stolen data or acquiring control over the expanding operations of the businesses. With no hesitations, hackers are outwardly weaponizing the growing IoT popularity by destroying the channel nodes inviting prosperity plus the legitimate sales traffic for the organizations. In this process, the protocols of cybersecurity maintaining and protecting the valuable data of customers have now become prominent to vulnerability.

Preventive measures of social engineering

Social engineering is concerned with a type of cyberattacks where hackers focus on tricks and non-tech strategies rather than using core tech approaches or tools to trap the users. There are some preventive measures associated, and they are setting the spam filters from low to high, instant denial or deletion of help requests, researching the sources of unsolicited emails, and many more. However, hackers are sophisticated nowadays and understand the frequency with which we are adopting such measures. They can feasibly take the legitimate access to our personal info and then, exploit us really well on the grounds of personality weaknesses. Furthermore, many of the knowledge-based workers, business owners are remotely working in this pandemic era and this has made them vulnerable to such Social Engineering Attacks. Those cyber-attackers can smartly deploy multiple tactics for entering into their sensitive information like passwords, usernames, and banking details.

Conclusion

Fitting cybersecurity strategies promise to protect computers, networks, critical infrastructure, industrial control systems, and data from malicious attacks in the present complex threat landscape. Essentially, effective and efficient measures require coordinated effectors across all information systems to keep attackers at bay. Some of the security controls and best practices that organizations and individuals can deploy include infrastructure security, end-user behavior, organizational policy framework, network security, information security, and cloud security.

Meanwhile, growing a business in today’s competitive world requires you to wake up to and act against cybersecurity threats. Auspiciously, investing in the right security measures allows your employees to work safely, either on the premises or offering remote work. It is vital to remember that cyber-attacks result in revenue and productivity loss, but the right controls ensure your employees work safely without worrying about the threats.

Apart from enhanced employee productivity, appropriate safeguards prevent websites and other systems from going down. Obviously, if you host a website or an application in the cloud, a cyber incident can shut the service, resulting in loss of money and customer trust. However, if you continue using the best cybersecurity solutions, you don’t have to worry about your systems crashing.?