By Himanshi Sharma
Every day industries decide to innovate their business strategies with digital solutions; ultimately digital revolution has made it essential for businesses of all sizes to be depended on automated solutions to manage their day-to-day activities, resulting in entrepreneurs are taking their initiative and making Cyber Security a primary objective to prevent their confidential information and data from Cyber attackers.
The number of Cybercriminals are rapidly rising and making the case of Cyber Security as an absolute requirement for each size or kind of companies, institutions, and government corporations.
Let's discuss some rising trends that companies should be aware of in 2021!
A type of social engineering attack that has the potential to steal user data, including login credential details, and credit card numbers. This happens when the recipient is tricked into clicking a malicious link, leading to the installation of malware, or revealing the sensitive information.
Once an organization struggles with such an attack can sustain severe financial losses with the decline in market share, reputation, and customer trust.
Listed below are some of the Phishing techniques on Cyber Security:
Protection is required from both the hands (users and enterprises). Several measures can be taken to mitigate both email and spear-phishing attacks, let's dive into it!
This type of malware attack in which the attacker locks and encrypts the victim's data and with high demand unlocks and decrypts it. There are several examples of strains of ransomware malware, such as:
How does Ransomware attack work? Let's discuss the Ransomware seven-stage episode:
An insider threat is a security risk that originates within the targeted organization. They don't have to be current employees; they can be former employees, contractors, or partners who can access the company's data and information. Detecting these threats is not an easy task; research predicts that an insider threat's average cost was $8.77 million. In contrast, the average cost of a data breach over the same period was $3.85 million.
Let's discuss some types of Insider Threats:
In the future, it's clear that several factors are converging to increase cyber risks, the combination of an expanding talent gap and rapid growth of cybercrime are trends that will continue for the future time.
The 2021 year will be an exciting year from Cyber Security's standpoint, as the mass devices get smarter entering daily lives.
These trends will help you to prevent yourself from Cyber Threats during an ongoing pandemic.