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January 06, 2022 •
This year at Cyphercor, we’re taking a close look at cybersecurity trends for 2022 and what we can expect in the industry.
It’s no surprise that many company’s new years resolution is to get serious about cybersecurity. With the pandemic, nearly 40% of companies in Canada turned to a remote working environment. This increase of remote workers resulted in an increase in cyber security attacks.
Let’s take a look at some of the trends that we need to keep and eye out for:
This topic has come up quite a bit since the start of the pandemic. What the majority of businesses fail to realize is that when transitioning to remote working, there needs to be some sort of protection for your employees. In our past blog post, “How You Can Stay Cyber Safe”, we explained that the use of traditional security such as usernames and passwords, are not as effective as they once were and an upgrade in your cybersecurity protection was highly recommended.
Cybersecurity in 2022 poses new challenges for remote workers as the number of people working from home is set to increase. While companies have equipped themselves enough to protect their employees, the surge is happening at a rapid pace and there are worries that there may not be enough supply or leadership/operations teams to manage the surge. The good news is that companies are now adopting a hybrid model to manage the influx of remote workers. In terms of security, there are also concerns about email security as emailing is one of the biggest forms of communication between employees. Email scams are more common than you think and it’s crucial that employees can identify real versus fake emails. Some companies have upper management regularly conduct “email security drills” where they purposely create and send fake emails to their employees, to ensure they are regularly reporting malicious emails. To learn more about email scams, check out “How You Can Phight the Phish” on our blog!
More and more companies are turning to cybersecurity insurance as a way to protect themselves from the financial loss of ransomware attacks. In response, insurers are cracking down on clients with high-risk profiles, mandating that companies adopt stronger preventative cybersecurity policies, like MFA, or face major consequences such as higher premiums, lower coverage levels, or even denial of service.
We expect that more companies will be asked to prove that they’re taking the necessary steps to protect their data and assets before being granted cybersecurity insurance coverage.
While this may be a no brainer, a trend for 2022 is filling in the gaps with employees who demonstrate the skills needed to protect the company’s information. It is also a common thing for top level management to train and develop mid-level and entry-level employees so that everyone is on the same page in terms of cybersecurity.
Ransomware attacks may not necessarily be a “trend” but they are happening frequently enough that they end up on trending pages on social media. In 2021, we saw an increase in breaches, hacks, and ransomware attacks. This increase brought more awareness to the cybersecurity industry as people realized just how vulnerable their information is/has been. As cyber crime has become a lucrative industry for those on the attack, we expect that the severity and frequency of ransomware attacks will continue to climb.
While these are just a few examples, we can see that cybersecurity will be a trending topic in 2022. Stay in the loop about all things cybersecurity by signing up for our monthly newsletter below.