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Gone are the days when cybersecurity was a lesser-known term. Today, organizations are fast recognizing the cyber challenges and making efforts to adapt to the evolving digital climate.
In 2022, the cybersecurity landscape is expected to witness its fair share of challenges, trends, and developments. Let’s take a closer look.

Cloud Malware & Attacks

Cloud has become a popular data storing technology over the last few years, prompting businesses to shift their online assets to the cloud. However, cloud technology isn’t free of security challenges. In 2022, cloud security will remain a hot topic and cloud malware and attacks are predicted to increase as hackers tap into new strategies.

Cloud breaches have already become more common lately. According to a report published in 2021, 40% of organizations had encountered cloud-based threats and attacks over a period of 12 months. The research study also found that while the pandemic had enhanced cloud transformation and made it more popular among businesses, the number of cloud attacks and malware had also increased.
Cloud security will continue to receive scrutiny in 2022 and is expected to become the battleground for all cyber attacks. As more and more businesses embrace cloud technology, cyber attackers are also expected to become more familiar with the platform and target organizations via the cloud. The need to strengthen cloud security will be greater than ever this year as businesses attempt to streamline cloud-based operations while avoiding malware and attacks.

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Website Cloning

Another thing that you can expect in the cybersecurity landscape this year is website cloning. This is a process in which existing designs or scripts of websites are slightly altered to create new ones. Because the core design/script is entirely or almost entirely copied, web developers don’t need to write website scripts from scratch or create a whole new design.

While website cloning is a way for developers to reduce development time and create sister websites, the practice is often misused by cybercriminals. Hackers and scammers use website cloning to commit online fraud and deceive the customers of well-known brands by replicating their web designs and scripts. The links and other attachments are replaced with viruses or malware, compromising users’ security when they click on them. Website cloning is used as a phishing scheme and targets well-established and popular brands and their consumers. The replicas of the original websites may be used to obtain sensitive customer data, cause account takeovers, and conduct malicious campaigns; damaging the brand’s credibility in the long run.

Companies within the tech, finance, and travel industries are especially susceptible to website cloning scams in 2022. They’ll need to stay on top of potential and existing website cloning strikes and create awareness among their clientele to prevent bigger headaches. The cybersecurity landscape is expected to introduce and optimize new tools to tackle this challenge and address it before it escalates more than it already has.

Ransomware Attacks

If you thought 2022 would be the year ransomware attacks would come to an end, think again. According to one report, approximately 500 million ransomware attacks were attempted in 2021 by the end of September. The banking industry, in particular, was especially susceptible to ransomware attacks which increased by over 1,300% in the past year alone. Almost a month into the New Year, we can expect that number to have increased significantly.

Ransomware attacks are prevalent among several industries, such as technology, finance, automotive, healthcare, and hospitality. These attacks are often the subject of intense scrutiny and press coverage because of the damage they cause. This is said to be one of the reasons why ransom attackers continue to target businesses as it results in extensive publicity in addition to compromised data and access to sensitive information. One only has to recall the Colonial Pipeline incident that was an eye-opener for Americans on how ransomware attacks can wreak havoc on digital infrastructures. The attack successfully managed to shut down the flow of oil to certain parts of the United States, creating a state of frenzy and panic among all stakeholders. The ransomware attacks on Kaseya are also reminders of the damages these cyber threats can cause on the supply chain.

Experts predict an increase in ransomware attacks in 2022, especially as cryptocurrency gains momentum. They’ve also expressed the need for businesses to strengthen their cybersecurity infrastructures and use the latest tools to continuously monitor and assess potential threats. Using the latest technology can help reduce a business’s ransomware susceptibility and save them from becoming victims of this cyber threat.

Another thing you can expect in 2022 is the removal of the stigma attached to ransomware attacks in general. As damaging as they may be, ransomware attacks are more common than businesses like to admit. Consequently, related incidents are often hushed up and kept as secrets to save businesses the embarrassment or shame they may be experiencing.

However, there has been a shift in this trend and businesses are now encouraged to be honest to their customers about these events and collectively reinforce best practices. Yes, your business may have encountered severe losses due to a ransomware attack, but keeping that information to yourself won’t help you in the long run.

In 2022, there’s a greater emphasis on initiating conversations around this topic and opening the doors to effective communication between businesses and their customers. This would help businesses in safe proofing themselves from future threats by getting expert insights and analyses, building trusting relationships with their consumers by communicating new policies and measures, and helping others in the industry avoid similar circumstances.

API Security

API security refers to the strategies and products that are used to prevent malicious attacks on application program interfaces (APIs) and save them from being misused. Since APIs are critical for programming web-based interactions, they’re often a target for cybercriminals and hackers. They attract parameter attacks, identity attacks, and man-in-the-middle attacks; emphasizing the need for strengthened API security.

Ransomware attacks such as those on Kaseya’s remote control software have already exposed the vulnerabilities of the API ecosystems. In 2022, the likeliness of API-related attacks is even higher. Companies are encouraged to strengthen their API ecosystem by replacing their basic authentication processes with more advanced forms of security. 2022 will also highlight the need for organizations to partner with API security providers to prevent cyber attacks.

Phishing Tactics

Phishing is a scamming technique used by hackers to steal user data. It’s a type of social engineering attack that occurs when a cybercriminal attempts to masquerade as a trusted entity. In doing so, it deceives the victims into trusting the said entity and scams them.

Refer back to the concept of website cloning discussed earlier. That, too, is an example of phishing as hackers dupe online users to click on an attachment and follow the instructions on the website. Consequently, online users are exposed to malware and/or may have their privacy and security compromised.

In 2022, phishing scams are expected to become more personal and customized in order to lure more online users. You know those obviously fake emails that you get from time to time and don’t bother replying to? You might start seeing a lot less of those and a lot more “sophisticated” phishing tactics that may be hard to pick up on at first glance. Hackers have developed their phishing approaches over time, and you’re likely to get more personalized messages that are crafted using intelligence obtained via social media. These will be trickier to distinguish from genuine communication and more effective in doing what they’re meant to do.

Businesses are encouraged to conduct staff training and spread awareness regarding these evolving phishing scams to prevent their employees from falling victim to such tactics. As absurd as it may seem to respond to a phishing message, companies have been a victim of these strategies in the past. A well-crafted email from a seemingly trusted source can trick even the best of employees and compel them to share confidential information online. In 2022, anti-phishing training should be a part of your security strategy to ensure that your company’s data doesn’t fall into the wrong hands.

Government-Led Security Initiatives

2022 is the year that you can expect to see greater involvement of the government when it comes to strengthening cybersecurity. Past incidents have driven the public and private sectors to work collectively in improving national cybersecurity systems and providing commercial and formalized organizations with enhanced security services. You can also expect to see private security agencies work in harmony with federal ones to remove the barriers for countering cyber threats.

One of the biggest cyber threats that national and private organizations face is foreign-based hackers. Collaboration between the US’s private and public cybersecurity forces can play a pivotal role in preventing the launch of cyber attacks and minimizing the effects of these threats. Joining forces to strategize, reinvent, and execute security plans will also allow for greater opportunities for sharing critical information related to cyber threats, risks, and incidents. This will accelerate the response efforts and will also lead to better recordkeeping practices by or for the federal government.

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Value of Security and Resilience

If there’s one thing businesses have developed a strong appreciation for in the past couple of years, it is cybersecurity. The increase in the number of ransomware attacks and cyber threats alongside technological advancements and challenges have highlighted just how important cybersecurity is for an organization’s future. The value of cybersecurity has further increased with the evolving tactics used by hackers and cybercriminals that have been quite effective in harming businesses lately.

In 2022, you can expect more businesses to embrace cybersecurity practices as part of their resilience and business continuity strategies. It’s become quite evident that an organization’s growth and success in the future is invariably linked to its digital security. Emerging businesses and startups are especially likely to invest in cybersecurity practices early on to prevent scenarios that could result in them going out of business permanently. 2022 is also the year where you’ll see larger and more established enterprises upgrade their digital security and account for potential cybersecurity risks and threats.

Skills Gap

The past few years have highlighted the enormous skills gap that exists within the cybersecurity industry. There aren’t enough skilled individuals who can tackle today’s challenges. There’s also a lack of specialized entities and institutes that deliver reliable, thorough, and efficient cybersecurity services.
This skills gap is unlikely to be bridged in 2022, but you can expect to see more efforts taken by organizations to minimize it. Professional trainings, awareness campaigns, the use of advanced technologies, and ongoing discussions on security ecosystems can help businesses become less vulnerable to cyber threats and utilize maximum resources.
You can also expect more organizations to turn to managed services providers for their cybersecurity needs in 2022. This would take away the burden of hiring or training staff for executing best security practices and allow them to work with existing experts in the field. Cybersecurity, as a field, is also expected to attract more talent, partnerships, and growth opportunities to make the sector more appealing and accessible.

Managed Cybersecurity Services Provider in Texas

Is your business prepared to tackle the cybersecurity-related challenges that it’s likely to face in 2022? You don’t want to find out the hard way!

Take your business security up a notch by consulting a professional cybersecurity service provider. That’s where the team at 3i International comes into the picture.

3i International is your go-to managed IT service provider in Texas that caters to businesses from all kinds of industries. Whether you’re a healthcare unit that wants to protect patient data or run a law firm that caters to high-profile cases, the cybersecurity services offered by 3i International can help in securing your assets. The firm offers advanced cloud-based solutions, managed IT services, and business continuity services as a part of its managed services.

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