To know the top cybersecurity threats in 2022, keep watching!
Number 10- Inadequate Post-Attack Procedures
Security flaws must be corrected as soon as possible after a cybersecurity assault. In a 2021 study of 1,263 organizations that had been attacked in a cybersecurity breach, 80% of victims that paid the ransom stated they were shortly attacked again. In reality, 60% of cyber attacks might have been avoided if a patch had been issued, and 39% of firms were aware they were exposed before the cyber attack.
Number 9- Poor Data Management
Data management is more than simply keeping your storage and organizing systems in order. To put things into perspective, consumer data doubles every four years. However, over half of such new data is never utilized or evaluated. Surplus data creates uncertainty, leaving data exposed to cyber assaults.
Number 8- Ransomware
While ransomware attacks are not a new concern, they have gotten much more expensive in recent years: the average ransom charge increased from $5,000 to $200,000 between 2018 and 2020. Ransomware attacks also cost companies money in the form of lost revenue as hackers retain system access for ransom.
Number 7- Internet of Things
Because of the pandemic-caused shift away from the office, more than a quarter of the American workforce has brought their job into the home, where 70% of homes have at least one smart device. As a result, attacks on smart or "Internet of Things" devices increased, with over 1.5 billion breaches happening between January and June 2021. When combined with the ordinary American's less-than-stellar cyber hygiene habits, IoT connection opens up a world of vulnerabilities for hackers.
Number 6- Mobile Device Vulnerabilities
Another effect of the COVID-19 epidemic was an increase in mobile device usage. Remote users rely more heavily on mobile devices, and pandemic specialists have also recommended the widespread adoption of mobile wallets and touchless transaction technologies to reduce germ transmission. A greater user base creates a wider target for hackers.
Number 5- Cloud Vulnerabilities
One would believe that as time passes, the cloud will grow more secure. However, the contrary is true: According to IBM, cloud vulnerabilities have surged 150% over the previous five years. According to Verizon's DBIR, web app vulnerabilities caused more than 90% of the 29,000 breaches examined in the study. According to Gartner, cloud security is now the fastest-growing cybersecurity market category, with a 41% growth from $595 million in 2020 to $841 million in 2021.
Number 4- Poor Cyber Hygiene
Nearly 60% of firms rely on human memory to handle passwords, while 42% use sticky notes to record passwords. More than half of IT professionals do not need two-factor authentication to access work accounts, while just 37% use two-factor authentication for personal accounts.
Number 3- Configuration Mistakes
Even professional security solutions are likely to have at least one flaw in how the software is deployed and configured. 80% of external penetration testing identified an exploitable misconfiguration in a set of 268 attempts undertaken by cybersecurity software provider Rapid7.
Number 2- Third-Party Exposure
Cybercriminals can overcome security systems by breaking into less-secure networks owned by third parties with privileged access to the hacker's primary target. At the beginning of 2021, hackers exposed personal data from over 214 million Facebook, Instagram, and Linkedin accounts, which was a large example of a third-party breach.
Number 1- Social Engineering
Social engineering is still one of the most hazardous hacking strategies used by cybercriminals because it depends on human mistakes rather than technological flaws.
If you are well aware of these threats and can overcome such issues, you may rest easy knowing you're as safe as you can be with strong cybersecurity protections and the safety net insurance offers. If you enjoyed the video, make sure to hit the like, share, and subscribe button! Thanks for watching!
Must Watch l The Top Cybersecurity Threats In 2022
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