Uploaded on Apr 21, 2021
Last year the corporate world witnessed some high-profile data breaches and sophisticated cyberattacks on companies, government agencies, and individuals.
Top Cybersecurity Trends to Keep Track of in 2021 (final )
Top Cybersecurity
Trends to Keep Track of in
2021
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Last year the corporate world witnessed some high-profile data breaches and sophisticated
cyberattacks on companies, government agencies, and individuals. 2020 taught enterprises
and organizations a harsh lesson.
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While some organizations became aware of the significance of cybersecurity, most of them struggled to
implement necessary security measures. With a global pandemic and economic crisis, the year brought
an unfamiliar set of challenges for the businesses with new and unexpected ways of working that have
changed the prevalent norms. Here are the most expected cybersecurity trends in 2021:
Constantly rising IoT related threats
The use of IoT devices is expected to rise in 2021. IoT (Internet of things) provides a lot of advantages
to organizations, including productivity and cost-effectiveness. But it is also prone to security threats
and is an easy target for hackers. As per the report published by “Security Today”, the number of IoT
devices will rise to 35 billion in 2021.
With the increment in the number of IoT users, IoT-related threats are also growing at a rapid pace.
The attackers target consumer devices to break into the corporate networks.
According to a report published by “SonicWall”, There was a surge of 66% in IoT malware detection in
2020. That showcases how frequently cybercriminals targeted home networks and remote workers.
This year will also be challenging for organizations to protect themselves from IoT-related attacks.
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Ransomware Threats :
Ransomware was one of the trending threats in 2020 that targeted organizations, healthcare
systems, government agencies, and individuals. Ransomware campaigns such as ‘Sodinokibi’
and ‘Ryuk’ were at the top of the list. Attackers used double-extortion ransomware tactics. In
double-extortion, cybercriminals encrypt the organizations’ sensitive data and threaten the
organization to leak it if the ransom is not paid. If victim organizations become successful in
decrypting and restoring their compromised data, they still have to give the ransom amount to
stop it from being exposed publicly. In 2020, during the global pandemic, healthcare
organizations were the primary victims of the ransomware attacks.
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Increased Consumer Interest in Privacy
Consumers’ interest in data privacy changed enormously in the past few years. The recent large-
scale data breach incidents such as ‘Equifax’ and ‘ClixSense’ exposed the personal information of
millions of consumers worldwide. These incidents lead a large number of consumers concerning
the protection of their privacy.
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Insider Threats
Every organization has business partners, third-party vendors, and employees who can access
a certain amount of information. These are called insiders, and they are a significant security
threat to the organizations. Some of them have a small amount of authorized access to the
information, while others can access crucial information.
Securing Remote Workforce
Due to Covid-19, companies have normalized remote work culture. It has become a
permanent aspect of their employment model. In a hurry to keep their business
functioning, many organizations shifted to this model overlooking the security challenges
and risks associated with it.
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