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Cybercriminals have benefited from the widespread destruction of cyber threats exploiting internal vulnerabilities and expanding vulnerability surfaces of businesses that have not been equipped to protect remote staff safely.
FREMONT, CA: 2020 was a peculiar and alarming year for all, and perhaps even more so for IT security professionals. As the year continues to wind down, turn the eyes to 2021 and the top developments in cybersecurity that one can hope to see in the coming year.
1. Emerging Threat Identification and Response Technologies Would Boost Precision and Increase Efficiency
Threat detection and response technologies that simplify the tracking, processing, and correlation of data obtained from various IT protection platforms are on the horizon—enhancing and automating threat detection efficiency while incorporating and accelerating incident response capacity.
For example, if an intrusion activates an email, endpoint, or network warning, one of the latest forms of threat identification and response systems collects improved analytics and blends this with additional logs and alarms from around the environment, and uses it to produce verified threat alerts—improving detection accuracy and making overall defense operations more effective and efficient.
2. The Attack on Remote employees and the Security Operations Centers (SOCs) Will Continue
Cyber attackers are often able to initiate attacks that manipulate the actions of people, often unintentionally. This instance was never more evident than in 2020. The workers forced to comply with a stay at home orders became remote staff unable to adjust to emerging technology and computers. Cybercriminals have benefited from the widespread destruction of cyber threats exploiting internal vulnerabilities and expanding vulnerability surfaces of businesses that have not been equipped to protect remote staff safely.
At the onset of the pandemic, more than 80 percent of organizations have now sponsored BYOD (Bring Your Own Device) for staff, partners, and stakeholders. Unfortunately, three-quarters of the same companies either failed to provide BYOD malware security or have opted to focus on endpoint device installations.
Besides, the proliferation of IoT gadgets that cannot be protected or tracked using conventional methods has further complicated the situation. Companies are also striving to finance remote workforce and equipment without sharing classified details. Not unexpectedly, the slow answer is mirrored in the bottom line. Almost 25 percent of companies absorbed unforeseen costs due to cybersecurity breaches and ransomware infections.
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