Top 10 Cyber Security Threats in 2020 Everyone Should be Aware of

cyber security threats 2020

Security reasons are one of the toughest challenges that a business might have to deal with to maintain its reputation and integrity. It requires special consideration to be given to it to ensure that the private and confidential information is protected, and the cyber attackers do not get access to it.

Particularly in 2020, due to the COVID pandemic, the businesses have shifted all their operations online, there has been a rapid Increase in video-conferencing, meetings which have further increased the rate of cybercrimes, and the cybersecurity threats.

These cyber-threats affect the businesses worldwide and are so frequent that with each passing second, they impact one business, and can spread rapidly. Thus, these threats are a serious cause of concern, as they can cause breaching of data on a massive scale. 

If you are worried about what possible security issues you might have to face, then this article will guide you exactly regarding that.  

Lets wade into examining the possible top 10 security threats, you must be aware of to protect your personal information. This article will give you an idea firstly, regarding the top cybersecurity threats, and suggest some precautions that you can take to rule out the element of these threats.

  •  Phishing Attacks

It is a very fallacious way of misleading the users and is one of the oldest kinds of cyber attacks, that still pose a threat to date. The cyber attackers mislead the users by making them click the links. These links install the malicious software into the computer, and thus exposes the confidential information to the hackers. 

By installing malware into the computer, hackers can steal all the private information such as credit card details and private databases. The cyber attackers have aced the technological advancements and can go as far as getting the voice snippets. 

  •  Ransomware

These are one of the worst types of threats that users or organizations might come across, and cost them billions to get rid of it. The hackers can get access to the companies’ database and can misuse it to demand a hefty ransom amount. These are typically demanded in crypto-currencies to maintain anonymity.

Large businesses and organizations are more likely to face the cybersecurity threats of Ransomware, as compared to individual users, as they can pay a large sum as ransom.

These attacks typically infect the system with different malware that encrypts sensitive and confidential data. It is highly recommended to use firewalls and other different anti-virus software to protect your data from Ransomware.

 

  •  The IoT Factor

The Internet of Things allows users to stay connected constantly. It has increased the interconnectedness around the world, however, the downside of it is that it allows the hacker to get access to the personal information. The more the number of devices connected, the higher is the risk for cyber attackers to breach the security of data. anti-DDOS protection will somehow protect it from malicious attack

Once the hacker gets access to a device, he can easily overload the entire network system, or even lock down the devices and demand for money. The hackers can cause a large scale attack, including the DDoS attacks, that can disrupt internet services, or even take the website down. This distributed denial of service attacks can overwhelm the entire network system so that the traffic can not be processed. 

You can prevent these by adding sufficient capacity in the system to deal with the fake bandwidths or even add the suspicious IP addresses to the block list for DDoS attacks.

 

  •  Cloud Services

It is yet another major threat that the organizations face while maintaining their cybersecurity. The increased use of cloud applications has made it more vulnerable to cyber attackers. As businesses depend on the storage of these applications to store their confidential and sensitive information, this has increased the risks. These have also become the top-notch target for the hackers.

Insider threats, attacks on DDOs, breaching of private data, hijacking accounts are some of the major threats, that you must be aware of while storing your data on cloud applications, and operating the IT infrastructure.  

 

  • Threats due to Third Parties

If you are a big business corporation then you must keep an efficient watch on the contractors, vendors, suppliers, and other partners. A minor default in the system of third-party can pose a serious threat to your business and can lead to major economic, security, and reputational crises.

The large corporations rely heavily on the third-parties, which exposes them greatly to the security risks and different types of cyberattacks. It is estimated that nearly sixty-three per cent of the cyberattacks can be traced, either directly or indirectly to the external sources. In order to keep your information secure from this, ensure the security stands of third-party you choose to affiliate with.

 

  •  Insider Attacks:

This is a common scheme that sometimes the inner employees tend to steal sensitive information for some dangerous people. This is a common hacking process usually seen in most of the scenarios, in the uneducated staff, who can be bribed easily. This action can be done either mistakenly by staff or by an inner employee of the office. 

To avoid these kinds of issues, be very vigilant to the staff, and hire the trusty employees for this job. Only provide useful information in the system as said that low data information should be provided to all the IT computers. The main purpose of this knowledge is to protect your data from hackers, remove the information from the systems while locking the door.  This is the most dangerous, as a wide range of information can be transferred from this method. In 2019 it was estimated that about 34 internal employers were involved in hacking. It’s just not presumed the attacks but also disuses the system’s information and data by employers and other people.

 

  • Hacking:

Criminals are finding their way from IT systems, they are also attempting a path through bank cards, debit cards, trying to hack personal data for treating by our name or some private property. Our priority is to protect our cards, personal information, removing information from systems, and also set data access securing for avoiding threatening.

 

  • Deepfake:

This method of facking requires the use of machines, to create an artificial intelligence used to capture the fake pictures or videos that never happened or some kind of activity that didn’t exist. Is the main disuse, and can threaten cybersecurity by faking some pictures or personal data. It can also be used to operate the world in 2020. Deepfake requires a powerful machine learning and techniques skills to operate the actual sound and pictures. 

A fake app was also launched in 2018 to duplicate the photos and videos and also develop fake identities and voice to treat the cybersecurity, taking advantage by doing several scams and costing million dollars to the business. Even many hackers pornography some employers or main business dealers, deep fake pornography and pictures or personal data can damage the whole career as well as the social name of the company and security.

 

  •  Wifi security:
    wifi

Hacking of the system and information never made the companies to be sophisticated and enhance their field due to cybersecurity skills. Some hackers are undoubtful so intelligent that they find a way from 5G to Wi-Fi. By using 5G the information is going wireless through calls or messages and data to the Wi-Fi system. It is used to save bandwidth. DDoS protection IP can protect these issues but sometimes it got failed by using this technique the hackers will get the opportunity to reach security and it will much easier for them to threaten the cybersecurity or stealing any kind of data from smartphones or tablets. website Ddos protection can be failed to do their job while highly hacking by the hackers 

  • Malware:

Malware is a technique to steal any kind of information from phones. It is generated to hack the phone for criminals by inserting some kind of viruses in it. It targets phones and other wireless devices for the leakage of the data. As society is growing up, so mobile phones are now common. It would be difficult to save the information from the security point of view. 

More than half a million attacks were found by banking malware, the hacker can check the transfer of money and billing through your activity. In somehow spyware can identify your location and personal information like name, emails, and passwords. Mobile adware is nothing but a kind of headache but once you download, it will infect your device and root all the information from it.

Mobile malware is increasing rapidly as well, as people store all their personal information on phones, this can have a lethal impact. It can be referred to as one of the most stressful concerns that must be dealt with.

Let’s have a look at the list of possible measures you can take in order to maximize the security of your confidential data, and safeguard yourself from the cyber threats, as much as possible. 

One of the major reasons that these threats are not completely ruled out is that there is a shortage of professionals who deal with issues related to cybersecurity. At present, there are around three million positions unfilled.  

To keep your networks as safeguarded as possible, you can focus on the following steps:

  •  enable the two-factor authentication on your devices
  •  prevent any unauthorized logins
  •  update the software frequently
  •  change the passwords
  •  minimize the number of IoT devices
  •  use cloud data protection
  •  get cyber insurance
  •  focus on getting cybersecurity automation
  •  download malware protection tools
  •  train your employees accordingly and keep a check on their systems

Conclusion

The world is constantly moving towards technological advancements, and so are the cyber attackers, by adapting to new techniques every day. Due to the global pandemic, cybersecurity is at risk now, more than ever. Thus, preventive strategies should be maximized as well. The security threats have skyrocketed, thus it is essential to keep the security as solid as possible.

Hoping this article was of adequate help for you in order to stay aware of some major security threats of 2020 that you might come across. Protecting data online is indeed one of the toughest tasks, and the risks will only increase in the future. Only by taking it as a serious concern, you can manage to cope up with the rapidly changing landscape of cybersecurity, and reduce the risks.