Integrating People, Processes, and Technology to Safeguard Against Evolving Threats.
It seems like the year ahead poses significant challenges and heightened security risks in the realm of cybersecurity. Remote work continues to be the norm for many organisations, requiring robust security measures to safeguard against evolving threats. Here are the main concerns and predictions outlined for the upcoming year:
Social Engineering Challenges
Persistent Threat: Social engineering remains a critical tool for cyber-criminals due to its success rate, often involving phishing attempts via email and exploiting human vulnerability. Cyber-criminals adapt their tactics to exploit ongoing trends and current events, capitalizing on emotional triggers like the COVID-19 pandemic to facilitate attacks.
Email Security Risks: Business email compromise (BEC) and email account compromise (EAC) attacks, relying heavily on user interaction, continue to pose substantial threats. Despite potential slowing in frequency, BEC remains a significant source of cybercrime losses.
Data Control Dynamics
Remote Access and Data Security: Extensive remote work has augmented access to critical data across various platforms. Organisations need increased visibility into data access and usage by employees. Traditional data control methods might prove less effective, necessitating alternative security approaches.
Cloud-based Threats
Ransomware Adaptation: Cloud adoption's rapid rise prompts cyber-criminals to target cloud-based repositories with ransomware attacks. The remote nature of cloud data storage and potential inadequacies in security measures make these repositories susceptible to encryption attacks, increasing the leverage for profits.
Automation as a Necessity
Security Function's Automation: The scarcity of security talent drives the imperative need for automation in security roles. Automation, once an add-on feature, will likely become a standard function within enterprise security tools, enabling security teams to manage tasks effectively.
Budgetary Adjustments and Recovery
Security Budgets and Staffing: Constrained resources during the pandemic affected security spending. There is an expectation for security budgets to revert to anticipated levels, but staffing shortages may persist. Remote and flexible job offerings will be pivotal in recruiting talent.
Integration of People, Processes, and Technology
Holistic Security Strategy: The common denominator in these predictions is the human element. Cyber-criminals persist in targeting people, necessitating comprehensive security strategies encompassing employee education, robust security tools, and efficient reporting mechanisms to mitigate potential attacks.
The year ahead poses multifaceted challenges, and organisations must proactively adapt their security strategies to address the evolving threat landscape. A holistic approach, integrating people, processes, and technology, is crucial to mitigate risks and safeguard against potential cyber threats.
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