cxo voice
  • Home
  • News
  • Leaders Talk
  • Expert Opinion
No Result
View All Result
  • Home
  • News
  • Leaders Talk
  • Expert Opinion
No Result
View All Result
Leaders Talk and Latest Tech News | CXO VOICE
No Result
View All Result
Home News Cyber Security

Security Prediction for 2022 by Trend Micro

News Desk by News Desk
December 8, 2021
Reading Time: 5 mins read
security
Share on FacebookShare on Twitter

To tackle covid-19 challenges, companies adopted technology-led advancements and solutions to maintain productivity and workflow without interruptions. Companies are also embracing the hybrid workplace model, threat actors are poised to move in on the events arising from a business aspect still in flux. Current pain points are bound to occur as the push for digital changes redefines companies’ attack surfaces. However, companies will be prepared to curb these threats by hardening their defenses with a multitude of tools and best practices.

Research, foresight, and automation are critical for organizations to manage risk and secure their workforce. Trend Micro blocked 40.9 billion email threats, malicious files, and malicious URLs for customers in the first half of 2021 alone, a 47% year-over-year increase. 

Below are the security predictions for 2022 by Trend Micro 

Cloud Threats

With its endless capacity to store and process vast amounts of data, the cloud has enabled companies to quickly transition to remote work after the Covid-19 pandemic broke out. As a result, cloud migration will remain a key aspect of the new business operations norm in the coming year.

Cloud attackers will pivot and stay put; they will shift left to follow technology trends and continue using tried-and-true attacks to wreak havoc on cloud adopters. Threat actors will make sure to cover all the bases. They will continue to wage tried-and-true types of attacks and at the same time carry out ones that use new trends in technology to keep themselves secure. As a result, not only will enterprises will use SaaS-based applications and solutions, but adoption is set to increase. 

ADVERTISEMENT

Cloud computing is the essential element of digital transformation. Enterprises need to keep their cloud infrastructure secure by following the basics of cloud security, including understanding and applying the shared responsibility model, using a well-architected framework, encrypting, patching, and bringing in the right level of expertise. 

Enterprises will also need to enforce tighter security protocols around build systems and the code developer’s check-in, especially if the submitted code has a hand in critical production processes. 

Ransomware Threats

Ransomware attacks usually involved endpoints as primary entry points, with victims falling prey to attacks by opening malicious emails or visiting malicious websites that surreptitiously deployed ransomware payloads. But when the COVID-19 hit the world, we saw a noticeable turn in how ransomware operators carried out their attacks. 

Threat actors who want to obtain access to target companies are now focusing on opened services and service-side comprises. And as hybrid workplace, a model wherein employees operate both remotely and from the office, becomes the new norm for companies, The hybrid work model has many benefits like enhanced productivity, but it also has undeniable cybersecurity cons. Because of the increased attack surface from less secure remote working environments and servers, it is hard to pinpoint how Threat actors are coming in and making attacks and how cybersecurity teams can stop ransomware attacks at time zero. 

Vulnerability Exploits

The coming year 2022 promises to rival the all-time high of zero-day exploits that have become the threat landscape of 2021. We foresee that even more in-the-wild zero-day exploits will be found in 2022, which will not certainly advise a drop in code quality but will be fueled by various factors. 

Enterprises will need to ensure that their IT security teams are well-ready to change and address this imminent surge in exploits. This will involve giving teams the support and resources they need to take inventory of devices in an IT environment through asset management, monitor security updates from vendors to respond as soon as vulnerabilities are publicly disclosed, and practice virtual patching or machine isolation to protect any potential threat entry points.

Commodity Malware Attacks

Unusually do SMBs have assigned security teams, and when they do, these teams are likely constrained by insufficient budget. Globally, cybersecurity expenditure is on track to exceed by the end of 2021, but SMBs spend only over $40 billion annually on IT security solutions, remaining an underserved market in which only the more mature SMBs retain in-house security talent. 

Because of their budget constraints, we predict that many SMBs will make securing endpoints their top priority, followed by protecting their networks. Some SMBs might be even more prepared than others, however. Those that are more online-based, relying heavily on cloud-based services and platforms, will be more aware of the risks posed by commodity malware on their mission-critical operations, owing to the nature of their business. These companies are more likely to make security a part of their on-the-board agenda, writing in cybersecurity solutions as part of their cost of sales. 

IoT Threats

Smart devices have long been tempting marks in the eyes of Threat actors, banking on the fact that the limited computational capacity of most IoT devices leaves little room for built-in security. As a result, IoT devices have been used in many attacks, like distributed denial-of-service (DDoS) attacks. If they are to future-proof their products, car manufacturers in 2022 will need to work closely with security vendors to decide how to implement security collectively. 

Supply Chain Threats

The Covid-19 has shone a rugged spotlight on the fragility of supply chains. Massive economic shortages and delays have arisen because of several factors, including increased demand, shipping container and worker shortages, and years-long dependence on leaner production systems, resulting from the just-in-time manufacturing model. 

When supply chain woes started becoming a worldwide burden, the value of supply chains also started becoming even more evident to struggling businesses and crooked cybercriminals undeterred but rather fueled by a global pandemic. 

In particular, supply chain attacks have become increasingly interconnected with ransomware campaigns this year, as exemplified by the high-profile REvil/Sodinokibi attacks on large organizations, including Quanta Computer, JBS Foods, and Kaseya.

Kevin Simzer, COO at Trend Micro said, “We have more cybersecurity researchers embedded across the globe than any competitor, and those insights and discoveries are used widely within the industry and power our own product offerings, These teams power much of the threat intelligence for which we are renowned.” 

News Desk

News Desk

by CXO VOICE team memebrs, contact@cxovoice.com

Related Posts

Top 10 Data and Analytics Technology Trends for 2020
Business

Marketing leaders in India to boost the use of generative AI: Report

June 9, 2023
Microsoft Azure security Flaws by Check Point
Cyber Security

Ransomware breach hits US dental insurance giant, 9 mn patients data leaked

June 1, 2023
MediaTek and Nvidia collaborate to transform automobiles with AI
Business

MediaTek and Nvidia collaborate to transform automobiles with AI

May 30, 2023
Apple signs multibillion-dollar deal with Broadcom to develop 5G components
Business

Apple with Broadcom to develop 5G components

May 24, 2023
Digital India Act to curb high-risk AI, enable startup innovation: Centre
News

Digital India Act to curb high-risk AI, enable startup innovation: Centre

May 23, 2023
IBM security cloud
Business

IBM confirms acquisition of Polar Security reportedly for $60 mn

May 17, 2023
cloud market
Technology

AWS, Microsoft, and Google dominate the cloud market with 64% market share globally

May 15, 2023
Cisco to set up new manufacturing unit in India: aims $1bn from domestic production and exports
Business

Cisco to set up new manufacturing unit in India: aims $1bn from domestic production and exports

May 10, 2023
Load More
Leave Comment
ADVERTISEMENT

Expert Views

chatbots for businesses
Opinion

Why chatbots are important for businesses to strengthen their sales and operations

June 5, 2023
How Travel and Expense can pave the way for responsible spend culture
Opinion

How Travel and Expense can pave the way for responsible spend culture

May 24, 2023
Data at Rest
Cyber Security

Data at Rest – How Data Encryption and Data Security Beneficial to IT Teams?

May 8, 2023
SaaS Rising: India is Ready for its Next IT Moment
Opinion

SaaS Rising: India is Ready for its Next IT Moment

January 31, 2023
Technology remains the main driver for insurance companies to scale and grow in 2023
News

Technology remains the main driver for insurance companies to scale and grow in 2023

January 10, 2023

Latest Updates

Top 10 Data and Analytics Technology Trends for 2020

Marketing leaders in India to boost the use of generative AI: Report

by IANS
1 day ago

Users can now create desktop shortcut for Google Password Manager

Users can now create desktop shortcut for Google Password Manager

by IANS
2 days ago

HP launched new PC portfolio to meet the evolving consumer demands

HP introduces 45-inch curved display, vertical mouse in India

by IANS
4 days ago

Apple iPadOS 17 offers redesigned Lock Screen, interactive widgets & more

Apple iPadOS 17 offers redesigned Lock Screen, interactive widgets & more

by IANS
5 days ago

Working in a post-pandemic world: What is the new normal?

Approx 4K people lost their jobs in the US due to AI in May: Report

by IANS
5 days ago

Atomic Wallet faces security breach, loses over $35 mn in crypto

Atomic Wallet faces security breach, loses over $35 mn in crypto

by IANS
6 days ago

Get Latest Update

Subscribe to our mailing list to receives newsletter direct to your inbox!

ADVERTISEMENT

Leaders Inerviews

Interview with Prasanna Arikala, CTO, Kore.ai on AI chatbots
AI

Can AI chatbots enhance customer experience and reduce the cost of serving customers?

-
Rising cyber attacks pose a serious threat to Indian SMBs, says Zakir Hussain
Cyber Security

Rising cyber attacks pose a serious threat to Indian SMBs, says Zakir Hussain

-
Axis Bank's Cloud-driven digital banking solutions
Banking

Axis Bank doubles down on cloud based digital banking solutions

-
digital-first strategy
Banking

Jana Small Finance Bank’s digital-first strategy enhances customer experience

-

Entrepreneur

Samsung Electronics appoints its first female president

Inspiring Women Entrepreneurs in India (2022)

Technology Adoption For Entrepreneurs

Volunteering management is the need of the Hour

We bring business leaders' opinions and unique ideas on what’s happening in the market and its impact. Also, get the daily news, analysis, and insights.

Connect with us

Easy Links

  • Cryptocurrency
  • Event
  • Blockchain
  • Press Release
  • Resources & Downloads

Write Us

contact@cxovoice.com
  • Home
  • About
  • Contact Us
  • Advertise
  • Privacy & Policy
  • Feedback

© 2023 CXO VOICE

No Result
View All Result
  • Home
  • News
  • Leaders Talk
  • Expert Opinion

© 2023 CXO VOICE

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

Our Spring Sale Has Started

You can see how this popup was set up in our step-by-step guide: https://wppopupmaker.com/guides/auto-opening-announcement-popups/