It’s clear to everyone that we are living in unprecedented times. Almost overnight, many of us have had to reassess how we work, socialize, do our groceries, and just about every other activity. Covid-19, and the social and economic upheaval many of us are feeling, has acted as a beacon to hackers. We can fight them by being vigilant against these threats – now more than ever.
Cyberattacks. We hear about them everywhere – from your neighbor whose son downloaded a video game that crashed his computer, to your sister mistakenly clicking a bad link that tricked her into buying shoes she will never get, and even bigger ones, like hackers stealing Target’s entire customer database.
With the increase in largely-publicized security breaches to corporate giants such as Google, Facebook, and Target, terms such as “phishing” and “ransomware” have been growing in popularity. You may know them as the fishy emails from seemingly legitimate companies telling you something is wrong with your account and urging you to insert your credentials.
Unless you’ve been in complete lack of contact with the world, you’ve probably heard of the coronavirus pandemic going around. With widespread travel bans, quarantines, and school and workplace shutdowns, the growing panic can be felt, as people are clearing out supermarket aisles of sanitary goods and take all necessary precautions to not catch the deadly virus.
2019 is gone and a new decade is in sight. 2020 is said to be a year that will bring on many changes in many different realms, but what does that mean for cybersecurity? With the rapid advancements in technology come better, more sophisticated tactics for cybercrime, and in return, pressing demand for innovative cybersecurity solutions.
Cybercriminals have become more sophisticated than ever, finding and exploiting vulnerabilities wherever they can. These crimes cost the global economy around $45 billion in damages in 2018 alone, and likely much more in 2019. Hence, it is no surprise that spending on cybersecurity solutions will likely exceed $1 trillion between 2017 and 2021. So what kind of cyber threats can we predict for 2020, and how can we protect ourselves from them?