Top Threats, Challenges, and Concerns in 2021

2020 set records for the number of cyber-attacks and data breaches companies experienced. Millions of accounts were compromised, and massive amounts of personal data were leaked on the dark web.

While there are many things we will be unsure of throughout the remainder of 2021, we can pinpoint some of the top cyber threats we will continue to see this year.

Despite COVID-19 effect budgets, experts have predicted that cybersecurity spending is likely to increase by over 10% worldwide. Below are the top security challenges and threats IT will be spending those new dollars on to mitigate risks in 2021.

Social Engineered Attacks: Nearly 1 in 4,200 emails is a socially engineered phishing attempt, and the number of attacks is growing rapidly by the day. Also, online criminals are becoming increasingly more sophisticated and attacks are much harder to spot.

Cloud Protection: There was strong cloud adoption last year as businesses migrated workloads to the cloud to better enable remote work. Cloud adoption will continue to increase in 2021, and better security practices will need to be introduced. Experts are forecasting that digital security spending will grow to $3.5 billion this year.

IoT Device Management: By the end of 2021, we will see over 25 billion devices connected to the Internet. The rise of BYOD and the hyper-connectivity of the world we live in will make IoT device management and security a top challenge and concern for managed IT services teams.

Employee Training: Employee security training will be a major concern for all sized businesses this year. Human error accounts for 95% of breaches, so even with all the proper protocols in place, attacks can occur if employees aren’t properly trained on how to spot a threat.

Security Talent: There is an increasing demand for IT security talent; however, there is a massive shortage in top talent. It is estimated that the number of unfilled security roles will grow to a staggering 3.5 million by the end of the year.

As you take a look at your practices and protocols for the year, we are here to help. We can provide advanced cybersecurity solutions and IT Support to protect you from the threats that lurk on the web. Contact us today.