What 2021 Has In Store For Cybersecurity: Best Predictions

• By Dan Radak
• 01-07-2021
• Misc

As dawn sets in for 2020 and all of us look towards a brighter 2021 with lots of hope, let us try to look back and take an overview of how Covid-19 and a major leap in digitalization changed our lives completely. As this year brought a majority of businesses and citizens on to online platforms, so did the fraudsters and hackers. Webspace became a more dangerous place to be in, like never before.

Economies the world over became more digitalized, fraudsters saw more opportunities and huge financial gains in carrying out cybercrimes. Almost everyone got exposed to some kind of online fraud at some instance or the other, be it a big or small enterprise, medical facilities, state departments, educational institutions, citizens, etc. Even state-sponsored cybercrimes came to light in many parts of the world. This year, cybercrimes cases were more complex, and new technologies were used both to carry out cyberattacks as well as to counter them. So, as we walk towards 2021, let us try to recognize major cyber threats and the cybersecurity focal points, trends, and technologies that you should be wary of, to prepare a comprehensive cyber security strategy to safeguard your interest.

Rise Of Commercialized Ransomware Groups and Ransomware Attacks
2020 saw widespread ransomware attacks targeting medical facilities, financial institutions causing huge financial losses to organizations.

Ransomware attacks will become more powerful through 2021 and more selective too so as to reap maximum benefit out of it.
More companies will continue to allow their employees to work remotely in 2021. These remote unprotected systems, networks, and access points will become easy targets and the most exploited path by hackers to access companies' resources and manually plant ransomware.

The double extortion model will be widely used to carry out ransomware attacks, putting a lot at stake where the victim’s files are encrypted, and a part of crucial data is extracted and threatened to be leaked unless a ransom is paid for it.
As the ransomware industry is becoming most lucrative for cybercriminals because of the huge extortion amounts involved, many professional ransomware groups will be immensely active in cybercrime space.

Use Of Crimeware-as-a-Service model (CaaS) will Rise

CaaS offering malware, spam services, ransomware, DDOS services on hire to hackers to arrange complex attacks will become one of the most profitable services offered through 2021.

These services will make it impossible to trace the original threat player yet will be able to utilize the most advanced technologies and provide smooth operations to send any data leaks to the press or competition business to put pressure on victims. In 2021, CaaS is only going to get more efficient and professional.

Increased Investments in Securing Remote Networks

It is believed by many analysts that the market for security testing will tend to grow by around 22.3 percentage between 2020 and 2025 and rise up to an expected value of $16.9 billion.

Also, as COVID-19 is far from over, 2021 will still see remote working as the new norm and it is this remote workforce that will be among the most susceptible to cyber-attacks.

Organizations will work to provide better security solutions across the distributed networks and cloud so that their crucial data could be protected. There will be more investment by the organizations to completely encrypt the data exchange from office to home.
All points of the network including employee systems, endpoints to the cloud, IoT devices will all be controlled to prevent any fast spread of cyber-attacks across the organization.

Consumer Data Protection with SSL Certificate will gain even more momentum.

With cyber-attacks, data thefts, and security concerns, at the center of a storm for both the online platforms as well as the consumers. Safety of the consumer’s crucial information will become the basic prerequisite for the success story of any online business in 2021 and beyond.

To Buy SSL Certificate for securing your website against any data theft will be of utmost priority and consumers on the other hand will not be ready to settle for anything less than the SSL Certificate security, trust symbol, lock next to the website URL address.

SSL Certificate provides a safe path for the exchange of information between the web server and the user browser over the internet by encrypting the data. It also provides authentication of the website by allotting a unique digital identification ID to the web server.

You can buy a complete security solution from an array of SSL Certificates available from many reputed SSL Certificate providers like SSL2BUY, according to your budget and security concerns.

Internet Of Things (IoT) Security will be a weak link

The changed remote style working caused by pandemic and introduction of high speed 5G network in 2021 will trigger a widespread use of IoT devices.

Various IoT devices like smart homes and smart office solutions with remote asset controls, connected healthcare devices will be playing a very important role in the changing working environment.

Since these IoT devices have different and complex security configurations for different security needs, their connections to the cloud and networks will be most vulnerable. These weak security patches will be the point of focus for carrying out cyber-attacks on individuals and organizations alike.

State-Sponsored Cyberattacks Shall Become a Reality

2021 will see a sharp rise in state-sponsored cyber espionage and cyber-attacks aimed at derailing technological advancement and state economy.
Medical institutes and pharmaceutical companies associated with Covid 19 research and vaccine development will attract most cyber-attacks.

Artificial Intelligence will be Used to Carry out Sophisticated Cyberattacks.

The use of AI for cyberattacks will make cybercrimes more sophisticated, making the detection of real threat actors difficult.
With the help of AI, cybercriminals will be able to successfully impersonate trusted users by creating deepfakes like fake videos or audio. These deep fakes are used to create content for target specific audiences to manipulate mindsets and sometimes resulting in serious public disorder.

In Conclusion

2021 will offer many potential challenges, with cybercrime on the rise and the COVID pandemic continuing to manifest in ways unprecedented. Due to this it is better to be safe than sorry and take all measures necessary to stay 2 steps ahead of cybercrime and protect your identity, data on the internet. Find best mobile app development company for the more information.