If you live in an earthquake-prone area, then you will obviously be prepared for an earthquake and its aftereffects. Today’s digital world faces cyber security risks at unprecedented levels. That’s why you need to be prepared to take on any cyber security risk your business may face.
Before planning to deal with risks, it is important to know more about them. We present eight cyber security risks you can face in 2022. Once you understand the risks, you can then prepare a plan to handle them risks
Cyber Security Risks in 2022
1. Mobiles are now being targeted
Cyber security risks were being targeted at laptops and computers all these days. Today, nearly 90% of people use their mobile devices to access the internet. This has made mobile phones an easy target.
Most people do not secure their mobile phones. The result is that viruses, spyware, and hackers are all targeting mobile devices. It is vital that in 2022, measures are taken to secure mobile devices.
2. Cloud is the trend but is also a risk
Today cloud computing is a popular trend. Most people prefer to use apps from the cloud. They also store their data in the cloud so it can be accessed anytime anywhere. This powerful feature has turned out to be a problem.
While top companies like Google can be expected to enforce the most stringent security standards, everyone else may not be doing it. Hackers and viruses are targeting the cloud and it is time for cloud companies to pull up their socks.
3. Automobile hacking is a big risk
Automobiles are computer-enabled and allow drivers to remotely access the vehicles and even operate the vehicle. This is done through Wi-Fi and Bluetooth. Hackers now look for vulnerabilities and can take over your car.
Self-driving vehicles are becoming popular. They are a ripe target for hackers to try and take control. Automotive companies need to ensure the highest level of security standards to secure automotive computer systems.
4. Data theft for the long term
Data is a key element in today’s digital world. The data available today would be valid for many years. Hackers are doing their best to breach systems and collect data. This data can be (mis)used at any time.
Hackers are working on new techniques to decrypt data. Quantum technology is going to be a reality. Hackers can use this technology for the decryption of data in the future thereby leading to data breaches. Companies need to work harder to prevent hackers from accessing their data.
5. The risk of ransomware
Ransomware has become a reality. While earlier it was restricted to businesses and the rich, today even ordinary people are being targeted. You can lose control of your system to the cyber-criminal courtesy of ransomware.
This is one of the major risks because ransomware as a money-earning scheme is earning more than 98% profits. More and more cyber-criminals are expected to release ransomware. This is a major challenge for companies who need to secure their systems from the latest ransomware.
6. IoT and 5G are new risks
The Internet of Things has made smart homes possible. You can connect all your devices and control them from anywhere through the internet. Just as you can control your smart devices, so can a hacker. It is a scary scenario to think of hackers taking control of your home.
The introduction of 5G poses new risks giving cyber-criminals opportunities to find loopholes in the network. All these are serious risks that can lead to increased cyber-crimes. More effort is needed to prevent hackers and criminals from gaining access through IoT and 5G.
7. Lack of expertise
A serious problem in the industry is the lack of expertise. More professionals in the Information Security domain are needed. While the top companies have many experts, smaller companies find it difficult to get the best people.
The lack of experts has made things difficult for many companies. This has opened up opportunities for cybercriminals to exploit such weaknesses. There is a need for more information security professionals who can help companies secure themselves.
8. Lack of preparation
A major risk facing businesses is the lack of preparation. Companies are not prepared to handle cyber security threats and risks. While companies are aware of the risks and possible actions, there is no synchronized approach to deal with these risks. Small security incidents can become major crises for companies. Improper preparation can be very expensive. There is a need for businesses to be well-prepared. Proper preparation can stave off such crises.