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By Alberto Jessurun / February 15, 2023 / Blog

The Ultimate Guide for Cybersecurity Trends: Everything You Need to Know

As cybersecurity threats continue to evolve, it's essential to stay ahead of the curve by implementing the latest security technologies. Here are some of the top cybersecurity trends to watch out for. 

Key Takeaways:
  • Ransomware attacks are rising, with threat actors deploying more sophisticated phishing attacks through machine learning, Ransomware-as-a-Service (RaaS), and more coordinated sharing on the dark web
  • Social engineering attacks are growing more sophisticated
  • Increased adoption of IoT devices creates more potential entry points for malicious actors
  • The widespread adoption of remote working has increased the need for cloud-based services and infrastructure, bringing new security concerns for businesses, such as misconfiguration, exposed data, and account compromise
  • The zero-trust security model is emerging as an effective method to prevent data breaches
  • Organizations are moving towards multi-factor authentication (MFA) solutions such as Google Authenticator, Authy, and Microsoft Authenticator to prevent man-in-the-middle attacks
Surprisingly, cybercrime wasn’t considered a significant threat until a decade ago. Today, data breaches and cyberattacks have become all too common. So, what does the future hold for cybersecurity? 

Are there new technologies emerging to combat the ever-growing threats? Or will the industry take a different direction? Not all is lost, though, with new cutting-edge resources positioned to protect your tech. 

As cyber threat actors advance their tactics, it is now more important than ever for organizations to utilize the best means to match the threat actors’ energy – bringing about the need for cybersecurity technology. 

This often involves incorporating encryption, authentication, access controls, firewalls, and intrusion detection systems. For those already knowledgeable about cybersecurity protocols, it pays to stay abreast of any new developments in the field so you can remain one step ahead of potential attackers. 

Here are some of the cybersecurity trends that organizations should know. 

1. Artificial Intelligence risk detection

AI risk detection is a technology that uses artificial intelligence and machine learning to detect suspicious activity on a company's networks and systems. AI risk detection can identify potential cyber-attacks quickly by analyzing patterns or anomalies that may indicate malicious activity. 

This technology can also analyze user behavior on a system or network and alert administrators if anything looks out of place. Furthermore, AI can detect malicious activity faster than humans and help identify patterns in large data sets that might otherwise go unnoticed. 

In 2020, organizations that embraced AI technology and suffered a data breach saved an average of $3.58 million – undeniably proving the cost-effectiveness of this solution.

2. Cloud-based security trends

More and more businesses are turning to cloud-based solutions to securely and efficiently manage their data, which is now vulnerable to cyber threats. So, to be safe from cloud-based cyber vulnerabilities, organizations must ensure that they have robust security measures such as encryption, authorization controls, and access management protocols.  

Organizations should take steps to protect themselves from cloud-based threats, as the average cost of a data breach stands at an astronomical $3.86 million.

When it comes to safeguarding against cyber-attacks, organizations must be mindful of not only data breaches but also the evolving trends in network security and cloud security issues such as:
  • Mitigating the risks of non-compliance across multiple regulatory bodies
  • Ensuring a reliable IT staff to meet cloud computing needs
  • Cloud migration challenges
  • A plethora of access points introduces more chances for malicious attackers to breach security
  • Remote access without authorization, weak passwords, unsecured networks, and the misapplication of personal devices can create insider threats – some unwitting and some deliberate

3. IoT security evolving

As the Internet of Things (IoT) grows, IoT devices have become increasingly popular over recent years. Everything from home appliances like refrigerators to washing machines is now connected online.

Unfortunately, these devices often lack adequate levels of security, making them vulnerable targets for malicious actors. To counter this threat, it is vital to implement IoT-specific solutions such as authentication protocols or encryption algorithms like AES 256-bit encryption, secure software updates, privacy settings, and so on.

These security layers are essential when transmitting sensitive data over wireless networks to protect against man-in-the-middle attacks or other interception. 

Incredibly, experts project that the number of IoT devices will skyrocket to an astounding 64 billion by 2026. This unprecedented growth is catalyzed by the surge in remote working, creating a new demand for connected technologies.

4. Advances in ransomware attacks

The rise of ransomware has caused alarm in the IT industry as malicious actors quickly get ahead of cybersecurity technologies. In response, businesses have begun to invest in robust technologies to protect their data.

New cybersecurity technologies, such as blockchain and specialized encryption solutions, are being developed with additional security measures to protect companies from ransomware attacks. These advanced methods can significantly reduce the risk of a successful attack and limit any potential damage it may cause.

5. Smarter social engineering attacks

Social engineering attacks are becoming more troubling today as more people opt for remote working. And now, individuals connecting to their employer's network from home are the most significant and most vulnerable targets. 

Added to the fact that mobile devices are highly used today, SMS phishing is also gaining prominence. Threat actors are taking advantage of popular SMS and messaging apps like WhatsApp and WeChat to trick users into downloading malware into their phones. 

Organizations should now more than ever invest in the security protocols of their remote team to protect their data. And this poses a serious challenge as it is often difficult to supervise all the devices employees use at home. 

6. Improving multi-factor authentication techniques

Other cybersecurity techniques today include multi-factor authentication, regarded as the golden authentication standard. However, malicious actors are advancing their way around it, and now, there is more concern about its protection prowess. That is even why most organizations are turning to application-based multi-factor authentication like Authy and Google Authenticator to prevent man-in-the-middle attacks. 

Be updated on the latest cybersecurity trends with Unisol International

You know your business needs a better cybersecurity posture, but where do you start? With Unisol International, of course! We are experts in electronic security, telecommunications, professional audio/video, digital signage, and point-of-sale systems. 

When it comes to cybersecurity solutions, we have the tools and expertise to help your organization stay updated on the latest physical and cyber trends to keep your data safe. And because we're a one-stop shop for technology solutions, we can easily handle all the logistics involved in getting our products to you – no matter where you are. 

Please visit our website and see our broad line of services and solutions. And remember to book an appointment while at it.  

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