These Top 10 Cyber Security Threats Will Dominate in 2022

NEW DELHI: Despite the fact that many people are returning to work after the COVID-19 restrictions were lifted, many people still prefer to work remotely or split their time between the office and home.

Cloud breaches, insider threats, supply chain attacks, and more are among the top cyber security problems expected to impact the sector in 2022, according to a cyber security expert.

Experts told The420.in to ensure business continuity throughout the global epidemic, organisations have quickly shifted to remote working and accelerated cloud adoption during the previous two years.

This anytime, everywhere access to business-critical data caused security gaps and made maintaining effective cyber security difficult. As various breaches and continuous ransomware attacks continue to be reported, we believe there are 10 major security issues that firms must address in 2022.

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Ransomware

Ransomware continues to have an impact on businesses and is a growing worry. As a result, many organisations have improved their backup and recovery strategies in recent years in order to be able to recover their data and environments if ransomware manages to get past their defences.

This strategy has aided affected businesses in avoiding ransom requests and recovering data. However, ransomware will continue to be one of the most serious threats to businesses.

Cloud Breach

The Cloud enables businesses to increase agility by accelerating application rollouts, leveraging automations and connections to streamline processes, and lowering expenses to increase revenue.

We foresee an increase in unauthorised access and data breaches as cloud usage continues to climb through 2022, owing to avoidable security holes caused by misconfigurations and human error.

Vulnerability Exploits

Of the future, the increase in zero-day exploits is expected to become a bigger issue for security operations teams to deal with. As a result, we expect to see more organisations implement Zero Trust in 2022 to assist them to reduce their attack surface, limiting data access, and preventing lateral threat movement.

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Phishing using precise domain names is on the rise.

We expect an increase in the use of exact domain impersonation phishing emails in 2022, as it involves little effort for threat actors and has a higher click rate.

We should expect an increase in lookalike domain phishing as more organisations adopt a DMARC policy of “reject.” As a result, organisations should continue to provide user awareness training to help users recognise these types of communications.

Scarcity of cyber skills

The ability of an organisation to reduce risk and detect and respond to cyber threats might be hampered by resource constraints. In 2022, we anticipate a rise in the number of companies outsourcing security operations activities. To improve resilience and allow constrained resources to focus on organisational goals, most organisations will outsource vulnerability management, detection, and response.

Insider threat

Insider threats took on a new degree of sophistication in 2021, with tales of ransomware gangs actively seeking insiders to help them infect company networks in exchange for large rewards.

In 2022, we anticipate a growth in the number of companies using user and entity behaviour analytics (UEBA) systems to better their ability to detect and mitigate insider threat activities.

Attacks on the supply chain

Criminals continue to find the supply chain to be an appealing target. Throughout 2022, businesses will be required to expand their risk management operations to their suppliers.

In the future, we expect supplier cyber security questionnaires to be scrutinised more closely. For many businesses, being able to demonstrate cyber security maturity will become a competitive advantage.

Activities supported by the government

Cyber-attacks are predicted to play a bigger part in future wars around the world. Government-funded hacking operations will continue through 2022 and beyond, with countless and unknown clandestine cyber espionage skirmishes waged to steal sensitive information and look at government and defence facilities. As a result, governments will most likely propose cyber security legislation that includes countermeasure capabilities, as well as continuing to educate businesses on how to improve cyber security resilience.

False information and fake news

We should expect to see additional fake news efforts, troll and bot accounts, and rogue marketing spread through social networking sites and emails when more events resurface.

Fake news and misinformation aren’t just a problem for governments; they’re also used to trick people into visiting harmful websites. Adversaries can use misinformation to spread chaos in order to further their own goals.

Deep fakes are also predicted to have a bigger impact in 2022, thanks to the mainstreaming of numerous apps, web3.0, and AR/VR technology.

Insurance against cybercrime

In the year 2022, more businesses will invest in cyber security insurance. We anticipate that the process will expand beyond a paper-based tick box exercise, with insurers conducting more checks and validations to evaluate how organisations address cyber risk and vulnerabilities, as well as their detection and reaction capabilities to minimise effect.

2022 will be another busy year filled with vulnerability exploitation, account takeover attempts, phishing, and ransomware. As a result, 2022 should be viewed as a chance to revisit the pivot-related adjustments of the previous few years to examine how visibility and control can be maintained to mitigate business risk from cyber-attacks.

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