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Looking Back & Forward: Cybersecurity

As we start the year, we've gathered industry predictions and main takeaways from 2020 for corporate & information security.

6 Cybersecurity Lessons From 2020

“To call 2020 a rough year for enterprise cybersecurity teams would be something of an understatement.

The COVID-19 pandemic and the newly distributed workforce that it engendered upended security strategies and forced a rethink of approaches to securing remote workers and supply chains at many companies.

Security teams that had implemented controls for managing remote workers suddenly had to contend with a magnitudes-fold increase in the number of users they had to support this way. With more users accessing enterprise systems and data from their homes, attack surfaces increased dramatically. Enterprise security teams found themselves scrambling to implement new controls to manage threats due to their increased risk exposure.”

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Key Takeaway

Security experts faced unforeseen and challenging conditions when the COVID-19 pandemic obliged the world to work remotely. IT security teams found themselves scrambling to find new and better controls to address issues around communications and challenges related to breach investigations and visibility into endpoint systems.

Going forward, security operations groups will need to implement architectures better equipped to address the requirements of hybrid work environments.

Major Lessons to be Learned from 2020 Security Mishaps

“The year 2020 has proven unpredictable and challenging from multiple perspectives. From a sweeping pandemic to natural disasters, 2020 has presented an environment of trials that has tested the entire global population.

Among those challenges is a long list of cyber-attacks, growing daily, which have become the proverbial icing on the cake for many cybersecurity and information security professionals. These attacks, ranging from the infamous social engineering Twitter hack, to the low default security configuration in Zoom calls, have provided important examples that illustrate the value of strong cyber maturity. ”

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Key Takeaway

2020 has taught the cybersecurity world many powerful lessons, including large high-tech enterprises such as Twitter and Zoom.

Self-inspection and control testing can potentially protect organizations from attacks before they occur. Conducting a robust risk analysis and security control assessments of organizations can also reduce and prevent cyber-attack and exploration levels to a minimum.

2021 Cybersecurity Trends: Bigger Budgets, Endpoint Emphasis and Cloud

“After shrinking in 2020, cybersecurity budgets in 2021 climb higher than pre-pandemic limits. Authentication, cloud data protection and application monitoring will top the list of CISO budget and cybersecurity priorities. According to experts, these are just a few of the themes to dominate the year ahead.”

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Key Takeaway

Insider threats are redefined in 2021, the work-from-home trend will continue to define the threat landscape and mobile endpoints become the attack vector of choice.

According to this year’s forecasts, remote workers will become a major focus for organizations from insider threats and inbox data breaches to cloud adoption and implementation.

2021 Cybersecurity Predictions: From the Rise of Ransomware to Remote Working, it is Time to Shore Up Tour Defenses

“As we say goodbye to 2020, some cyberthreats will continue to make their way even in 2021. It is anticipated that ransomware-like attacks by unscrupulous state actors may surge. The immediate use of ‘deepfakes’ for disinformation will be in the interests of several different threat actor groups with political or subversive goals. And since remote working has led to an increased prevalence of specific attack paths, further attention from both attackers and defenders is expected in 2021.”

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Key Takeaway

Cybercriminal groups will continue the vein of ransomware attacks, evolving their tools and finding ways to collaborate. This is another implication of the remote work environment; where organizations are forced to go back to basics and rethink their security.

Other major high-tech industries involving technological developments in synthetic media (AI-generated faces, voices, etc.) and the hacking-for-hire will exponentially grow this 2021.