As the world becomes more digitized, information security is becoming increasingly critical. Businesses are at greater risk of data breaches, ransomware attacks, and other cyber threats. According to experts, 2021 is expected to witness an upsurge in digital security threats.
In this article, we’ll discuss the top information security threats businesses are likely to face in 2021.
1. Ransomware Attacks
Ransomware attacks refer to when hackers infiltrate a system and encrypt files, demanding payment in exchange for a decryption key. Ransomware can cause significant damage to an organization, with the average cost of a ransomware attack being $4.44 million. In 2021, ransomware attacks are expected to rise as hackers become more sophisticated and ransomware-as-a-service becomes more prevalent.
2. Phishing Attacks
Phishing attacks are one of the most common forms of cyber threats. These attacks occur when hackers send malicious emails that trick recipients into opening an attachment or clicking on a link. Once opened, malware can infect the victim’s computer, allowing the hacker to gain access to sensitive information.
3. Insider Threats
Insider threats refer to individuals within an organization who intentionally or unintentionally cause harm to the organization. This can be through stealing data, sharing confidential information, or sabotaging systems.
4. Cloud Security Breaches
As more organizations move towards cloud-based solutions, cloud security breaches become more common. These breaches can be due to misconfigured settings, unauthorized access, or lack of encryption.
5. Internet of Things (IoT) Attacks
The use of IoT devices is rapidly increasing, creating new vulnerabilities within organizations. Hackers can exploit these devices to access networks, steal data, and cause disruptions.
In conclusion, information security threats will continue to evolve and become more sophisticated in 2021. It’s critical that businesses take steps to protect themselves against these threats, which can include implementing network monitoring, regularly updating software, and providing cybersecurity training to employees. By taking proactive measures, businesses can safeguard against the most significant security threats they may face in the coming year.
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