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7 Cybersecurity Trends You Need To Know

Oct 31, 2022 | Cybersecurity

Cybersecurity has taken newfound importance as more and more businesses migrate to the digital sphere. With the rise of things like remote work and cloud-based services, cyber-attacks have escalated to new heights. Security professionals need to be aware of new cybersecurity threats these systems allow.

The team at Renascence IT Consulting is here to discuss the top cybersecurity trends you need to know about. Learning about these emerging trends can help improve your business’s cybersecurity infrastructure and combat cyber threats.

If you need cybersecurity professionals in the Bay Area, contact us today!

7 Cybersecurity Trends To Be Aware Of

Threats to IoT devices

The Internet of Things (IoT) encompasses the ever-growing network of physical devices connected to the internet. Things like smartphones, smartwatches, voice assistants, and fitness trackers can share data with one another and allow remote networking. Experts estimate that the total number of IoT devices will exceed 64 billion by 2026.

As the IoT expands, it opens up more possibilities for data breaches and security system infiltration. IoT devices are simpler than traditional computers or laptops, offering fewer secure data options, such as firewalls or antivirus software. Manufacturers and consumers utilize other techniques, such as intrusion detection and device monitoring, to protect sensitive information and establish user awareness.

As the IoT continues to grow, cybersecurity professionals will grapple with questions on addressing IoT security architecture vulnerabilities and managing complex, networked security systems with multiple devices and potential points of entry.

Cloud security threats

Cloud services have greatly expanded companies’ data storage options and created new infrastructures for remote work during the pandemic era. The increase in cloud-based services has made them a prime target for hackers and other malicious actors. Aside from security vulnerabilities, other problems cloud services face include:

  •         Regulatory compliance
  •         Technical issues with IT cloud computing
  •         Data migration and backup issues
  •         Multiple access points
  •         Human error (e.g., weak passwords, poor access management, etc.)

Cloud-based services offer several benefits but present an interesting challenge for security teams. The decentralized nature of cloud systems makes them uniquely susceptible to things like remote access. For example, hackers can steal security tokens to access cloud devices without a password.

Several organizations have moved to cloud architecture, including healthcare organizations, financial institutions, online banking, and more. Creating novel architecture to manage cloud cybersecurity issues will be one of the major cybersecurity trends in the coming decade.

Ransomware attacks

Ransomware attacks are not necessarily new but have risen to prominence with the increased digitization of business infrastructure. Hackers hide ransomware data in innocuous-seeming files that steal private business information or personal data. The hackers can threaten to release the victim’s data unless they pay.

Ransomware attacks happen through several channels, including social engineering attacks, phishing attacks, insecure interfaces, and data breaches. One major challenge facing the global cybersecurity workforce is creating systems to protect remote workers from malicious malware attacks.

Multi-factor authentication

Despite how common multi-factor authentication (MFA) and two-factor authentication (2FA) are, their absence is still one of the most common causes of cybersecurity breaches and threats.

Many people have poor cyber hygiene and pick weak passwords. 2FA and MFA provide an additional step that hackers must get through to gain access. For example, consumers can require permission from another device, such as a smartphone, when accessing valuable data on their computer. That extra security step makes it that much harder for hackers to exploit vulnerabilities.

In addition to a strong password, MFA can prevent virtually all bot attacks and a significant number of phishing attacks. In fact, the Colonial Pipeline data breach and hack back in 2021 happened because one employee didn’t use 2FA.

Artificial intelligence and cybersecurity trends

There were over 5.6 billion malware attacks around the globe in 2020. The sheer volume of cyber attacks makes it impossible for humans to manage them all. As such, many organizations have turned to building automated security systems that rely on AI and machine learning to identify and neutralize threats.

In addition to other features like natural language processing and face detection, AI can handle risk data analysis faster than humans, which is beneficial for large businesses that handle large amounts of data and small businesses that need more security coverage.

Of course, with new technologies come new avenues for data breaches. Techniques like data poisoning take advantage of machine learning structures to bypass automated threat detection. Cybersecurity professionals are working with new systems to improve automatic threat detection for cybersecurity risks.

Data breaches on mobile devices

Most people use at least one mobile device, whether it’s a smartphone or tablet. Unfortunately, people seem to be a lot less diligent in securing data on mobile devices, even though they provide a vulnerable access point for hackers.

People use their phones and tablets for all kinds of things, from shopping and social media to banking and investing. Mobile defense will be a key factor in future cybersecurity trends in the cybersecurity industry.

Data privacy regulations

As more people put their personal data online, data privacy will become a defining feature of the business landscape. Many countries, such as the EU, are passing general data protection regulation that outlines how companies must handle consumer data to keep it safe from new threats.

As such, companies that do not prioritize data privacy will struggle. Poor privacy protections and regulations will reflect poorly on companies and cause consumers to lose trust. Companies will focus on implementing measures like role-based access control, network segregation, and third-party cybersecurity assessments to promote internet security.

Professional IT Network Security Measures

As Renascence IT Solutions, we offer full-service business solutions in the IT industry. We are a trusted business technology provider and offer managed IT solutions, including cyber security, data management, and IT monitoring. When it comes to your IT infrastructure, you need a dedicated partner that understands modern cybersecurity trends.

Feel free to read our blog to learn about securing your home computer and network. If you would like to discuss managed IT service options, contact us online or call today at (510) 552-6896 to schedule a consultation!

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With more than 30 years of industry experience under his belt, the company's CEO possesses a degree in Computer Science and a number of certifications, including MCSE, MCSA, A+ and Network+. From an early age, computers were always a part of his life; dating back to the days of the Apple II. Since that time, he served as everything from system administrator to IT business director within well-established companies, before deciding that consulting was his passion. Leveraging years of technical recruiting, he personally handpicked a select group of specialists proficient in Linux, customized web applications and databases, telephony and cross-platform devices, to ultimately bring your organization to the next level.