With the rapid advancements in technology innovations, the threat of cyberattacks is also growing. Hackers not only can steal your details, but they can also bring down a whole organization if they want. With the increasing numbers of these sophisticated attacks, numerous organizations are working to crack down on cybercriminals. As a result, it gave rise to new cybersecurity trends, which businesses are implementing to facilitate their firewalls against internet attacks.
It’s been two years since the pandemic started. Companies have shifted to remote work models, which has made them vulnerable to hacking attacks. In 2021, hackers used ransomware as their attack vector, which includes attacks against:
- Colonial Pipeline
- Steamship Authority of Massachusetts
- JBS (Worlds Largest Maeatpacker)
- Washington DC Metropolitan Police Department
The attack against the U.S. organizations resulted in financial losses, increased goods/services costs, and money losses as they had to pay ransomware to the hackers. And the list is way too long.
To prevent such a thing from happening again, you need to keep a close eye on the latest cybersecurity innovations. In this blog, we will go through some of the biggest cybersecurity trends and how they will reshape the internet and IT security in 2022:
Healthcare Industry & Cyberattacks
The healthcare sector is a critical industry. Failing to prevent a cyberattack might risk many individuals and organizations’ data to dozens of security risks and liabilities. Because of this, healthcare organizations are investing more in cybersecurity applications. Even the businesses that deal in healthcare software development are outsourcing cyber security testing of their products to professional QA companies. In 2019, the net worth of the healthcare cybersecurity industry was USD 9.78 billion, which would grow up to USD 33.65 billion by 2027.
Threat to Cloud Security
Businesses are moving to the cloud infrastructure with the assistance of professional cloud management enterprises. However, most internet services still do not provide safe authentication, audit logging, or encryption. There are also cases of failing to segregate user information from other tenants that share cloud space. Also, phishing attacks can evade internal constraints and have access to sensitive data in the cloud application database when the security level is low. This is why it is critical to strengthen cloud security to battle cybercriminals. One of the methods that businesses will be implementing in 2022 is outsourcing cloud application security testing to reputed quality assurance companies.
Cyberattacks on Finance Sector
The finance sector is another industry that experiences cyber threats on daily basis. Then there’s also the issue of cloud migration and change of rules which financial firms have to address. Well, it doesn’t solve the problem. Phishing attacks are still frequent in the financial industry and are not only restricted to emails. Now, one of the major cybersecurity concerns in the financial service sector is the hacking attacks on mobile banking apps, according to Nokia 2021 threat intelligence report.
Machine learning is playing a crucial role in cybersecurity. It has made cybersecurity more effective, less costly, and easier. ML utilizes a large database to create patterns and uses algorithms to distort them. This functionality allows ML to predict and take adequate actions against hacking attacks in real-time. With machine learning implementation, the cybersecurity systems can easily analyze hacking attack patterns and learn the cyber criminal’s behavior.
Internet of Things (IoT) Applications Vulnerabilities
Because of the vulnerabilities of IoT applications, users are exposed to hacking attacks such as:
- DoS (Denial of Service)
- Hijacked Devices
- Phishing Attacks
Home security invasions are becoming one of the major concerns because of the low-security standards of IoT. According to Symantec research, in 2018, compromised routers resulted in 75% of IoT assaults and connected cameras resulted in 15% of attacks. To prevent such invasions, IoT application testing is what companies will be aiming for before launching their products.
While cyberattacks are a major concern for businesses all over the world, the organizations that deal in quality assurance and testing services are trying to strengthen the cybersecurity paradigms. In 2022, you can expect a surge in outsourcing of cyber security testing services, which will help in tackling hacking attacks on software, web, and mobile applications. To know how software QA and testing services will help you improve the security of your product, contact QASource now.