Cybersecurity Threats To Watch Out For In 2020

Are You At Risk?

Various evolving and new cybersecurity threats has put the information security sector on high alert. Cyberattacks including malware, phishing, ransomware, and cryptocurrency have put the assets and data of governments, corporations, as well as individuals at risk all the time.

The sector continues to face a shortage of IT experts and industry professionals warn that the stakes have grown higher than ever. Moreover, cybercrime is shaking the faith of the public in many of their cherished ideals like personal privacy, democracy, as well capitalism.

Top Threats To Cybersecurity

More Sophisticated Phishing Campaigns

Phishing attacks are becoming much more sophisticated. Hackers are doing what they can to up the ante especially now that employees of companies are becoming more aware of the dangers of this kind of attack.

Ransomware Strategies Evolve

Victims of ransomware attacks face billions of dollars worth of losses every year while hackers use technologies that allow them to kidnap someone or the databases of an organization while holding all of the details for ransom. The increase of cryptocurrencies such as Bitcoin is credited with assisting in fueling ransomware attacks by letting anonymous payments be made to answer ransom demands.

Cyprtojacking

The movement of cryptocurrency have various effect on cybersecurity. In cryptojacking, cybercriminals hijack third party work or home computers so they could mine them for cryptocurrency. Since cryptocurrency mining needs immense power for computer processing, cybercriminals can make a lot of cash by piggybacking secretly on the system of someone else. Cryptojacked systems for businesses can lead to major performance problems and expensive downtime as IT experts do what they can to monitor and fix the issue.

Cyber-physical Attacks

Technology has allowed consumers to computerize and modernize important infrastructure however, it also poses risks. The continuous threat of hacking that target electrical grids, water treatment facilities, as well as transportation systems shows vulnerability moving forward.

State-sponsored attacks

Aside from hackers who want to make a quick profit through stealing corporate and individual data, states are also using their cyber skills to get access to and even attack other state’s infrastructure. Today’s cybercrime has become a major threat for individuals, the private sector, as well as the government, and the entire nation in general. This year, state sponsored cyberattacks will increase and the most prevalent ones are those that are directed toward critical infrastructure.

IoT Attacks

The Internetof Things have started to become more common as the day goes by. IoT includes tablets and laptops, webcams, routers, smart watches, household appliances, automobiles, manufacturing equipment, home security systems, and medical devices.

These devices are handy for many consumers and companies as it could save them cash by gathering a lot of insightful data and making business processes more streamlined. 

However, an increased number in connected device also means much greater risks, which makes IoT Networks more vulnerable to cyber invasions as well as infections. IoT devices, when controlled by cybercriminals, can be utilized to wreak havoc, lock down important equipment, and even overload networks.

Shortage of Cybersecurity Professionals

The number of cybercrimes have increased over the past few years while governments and companies have had a hard time hiring enough qualified ITexperts to help curb the threat. The trend is expected to continue this year and beyond. Estimates revealed that about one million positions in the IT sector will remain unfilled across the world.

Call SpartanTec,Inc. if you need the help of IT experts in making sure that your business is secured and protected against the common online threats this year.

SpartanTec, Inc.
Wilmington, NC 28412
(910) 218-9255
https://spartantec-wilmingtonnc.business.site/

Cities Served:
Wilmington, Silver Lake, Sea Breeze, Carolina Beach, Eagle Island, Leland, Wrightsboro