Common Cybersecurity Threats All Businesses Need to Watch Out for in 2021

With many companies deciding to move part or the totality of their operations online, 2021 brings with it lots of cybersecurity challenges. You can no longer put a physical barrier between your employees and your data, and you have to be even more vigilant. You also have to prepare for new types of attacks that will take advantage of the vulnerabilities of this kind of setup.

Businesses operating remotely are not the only ones that need to worry, however. No one is spared, and if you operate online in any capacity, you’re at risk. Let’s take a look at some of the most common cybersecurity threats all businesses need to watch out for in 2021.

Ransomware

If ransomware sounds scary, it’s because it is. Ransomware is a type of malicious software that can infect your system and prevent you from using it or blocking access to some critical data. The ransomware will then ask that you pay a ransom to get access back to that information.

What makes things worse is how sophisticated ransomware has become thanks to new technology, namely AI. Artificial intelligence allows ransomware to bypass even the most sophisticated defenses. The best solution here is to make sure that your systems and data are constantly being backed up. This way, you’ll be able to continue uninterrupted without having to pay some hacker.

Your People

We can talk about malicious software all we want, but at the end of the day, your people are usually the weakest link. Ransomware doesn’t get installed by itself. It’s usually the action of someone on your team. This could be done completely by accident with them thinking they were doing the right thing.

This is usually done through social engineering tactics, which is one of the most common causes of data breaches. Here, you have no choice but to focus more on training and on refining your processes for verification. You also have to worry about people causing disruption within your organization.

Someone with admin privileges could wreak havoc on your systems if they’re unhappy, which could happen if they unceremoniously get fired or because of changes in the company. In this case, you will need to have a strict protocol for termination to make sure that their credentials are deactivated immediately. You should also consider having a third party looking after your systems at all times.

For instance, managed IT providers can help you identify when someone may be trying to download unusually high volumes of data, or when people made failed attempts at accessing certain areas they shouldn’t. This could allow you to stop attacks in their tracks and start doing detective work.

DDoS Attacks

DDoS attacks are increasingly common and no one is safe. Everyone from GitHub to Google has been hit by those. These are done by sending large amounts of traffic through bots to overload domain name servers. The best way to protect against this is to constantly monitor traffic, practice good cyber hygiene, and have a Zero Trust security framework in place.

These are only a few of the threats your business will be up against in the next coming year. The best way to protect yourself is to have the right protocols in place and the right people in your corner.

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