As cyber criminals become more sophisticated, companies need to upgrade their security strategies to stay ahead of their threats.
Photo by Lewis Kang’ethe Ngugi on Unsplash
There are several trends that you should be aware of, including cloud-based computing, artificial intelligence, targeted ransomware, and Regulatory mandates. By following these trends, you can increase your protection and keep your business running smoothly.
Artificial intelligence
Cybersecurity is an area of growing importance, and AI can be a big help to companies who are looking to increase their protection. Data breaches and distributed denial-of-service attacks are becoming increasingly common, and they are extremely costly. AI can be particularly useful in detecting these attacks, as AI can analyse data in disparate events and identify patterns. This will help security teams make better decisions in order to protect their systems.
Another benefit of AI is its ability to detect anomalies that would normally be overlooked by humans. This can help stop unauthorized access to networks and identify malware in its early stages. Unfortunately, this can lead to false positives, so AI is constantly learning to recognize the real threats. As a result, security operations center are leveraging AI to increase their detection rates and prevent malware from spreading, while boosting customer protection.
Cloud-based computing
When you use cloud-based computing for your business, you’re taking a big step towards cybersecurity protection. Generally, the cloud vendor is responsible for securing their own systems, but it is important that they also follow certain security protocols to ensure your data remains protected. In addition, the vendor is responsible for maintaining the facilities and data centres. These include hardware and software, as well as virtualization tools. However, you should still be vigilant, because hackers are constantly searching for vulnerabilities in the software and systems.
Most cloud providers follow the latest security measures and take active steps to protect their servers. But it’s important for you to consider all of the risks that come with using cloud-based applications and services. The digital landscape is rapidly evolving, and the cybersecurity threats are more sophisticated than ever. Additionally, cloud-based services have an increased risk of being targeted by cybercriminals because they can’t control the movement and access to data. These risks can be substantial for your organization if you don’t implement effective cloud security measures.
Targeted ransomware
Targeted ransomware is one of today’s most dangerous threats, and it has increased considerably in recent years. The FBI has published a report on the increased use of this type of malware. It is capable of deleting data and encrypting critical files, and is increasingly targeting higher education and seminaries. While it is difficult to predict which companies will be targeted by this type of malware, there are a few things you can do to ensure your systems are secure.
Targeted ransomware attacks have become increasingly common, and they’re also becoming more sophisticated. Many of them target organizations by sending phishing emails to obtain access to sensitive information or to encrypt backups. In 2021, more than 2,000 ransomware complaints were reported to the FBI’s Internet Crime Complaint Center, which is a 62% year-over-year increase. Likewise, ransomware is becoming more prevalent on mobile devices as hackers have taken advantage of certain features. The most common variants are Windows executable files.
Regulatory mandates
Regulatory mandates for cybersecurity are an important element of the cybersecurity ecosystem, and are needed to protect the nation’s critical systems. Traditionally, the government has relied on voluntary action from companies, but more recent efforts by federal and industry regulators have mandated increased efforts. These efforts may involve expanding existing standards and enforcement, or developing new ones.
While these regulations are not perfect, they are generally risk-based and provide flexibility for industry. However, they often don’t include metrics that measure how well an organization’s cybersecurity is performing. Rather, they are structured to require the regulated entity to adopt certain management practices, such as creating and maintaining written damage prevention management plans.
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