5 Types of Cyber Security Threats to Be Aware of in 2020

5 cyber security threats to be aware of in 2020 October Blog 2

The cyber security landscape is not static, it constantly changes and evolves to keep up with the growing pervasiveness and complexity of security threats. As a result, it’s crucial that organizations, both big and small, be proactive in their security efforts by staying on top of cyber security trends. It’s the best way to safeguard your company from the various network threats targeting your business.

5 Types of Cyber Security Threats You Need to be Aware Of

In recent years, we’ve seen a number of organizations from different industries fall victim to malware and other types of cyber security risks, like Ashley Madison, Equifax, and Canva. The fallout from these incidents have been disastrous for these companies, from lost revenue to tarnished reputations. That’s why having strong cyber security measures is one of the most important aspects of a business strategy. It’s needed to not only prevent downtime, but also to protect sensitive data like personal information or confidential company intelligence.

A necessary step in keeping your business secure is to be aware of the biggest threats to your cyber security for the current year. Having this knowledge gives you the opportunity to prepare your network and close up any security gaps. Here are the top five cyber security trends of 2020.

1) Cloud Vulnerability

Cloud vulnerability has been a lingering problem in the business world and continues to be in 2020. In fact, an increasing number of companies are admitting that their lack of knowledge in securing their cloud solutions is creating gaps in their security according to a joint report from Oracle and KPMG. This is a big problem because many organizations that rely on cloud infrastructure tend to store sensitive information related to not only the business but also employees on the cloud.

2) AI-Enhanced Cyber Threats

In the right hands, artificial intelligence (AI) and machine learning have the power to revolutionize business. However, in the wrong hands, it has the potential to bring a company down to its knees. While AI has commonly been used to identify and stop cyberattacks, AI has also been a boon for cybercriminals. With this technology, hackers have been able to launch much more sophisticated attacks with malicious software designed to adapt to security measures.

3) Deepfakes

Deepfakes are something that has steadily been growing more problematic by the year. If you don’t know what deep fakes are, they have manipulated videos or other digital media created by AI. With deep fake technology, fabricated media can be made to look like someone appeared somewhere they weren’t or said something they didn’t say. As the algorithms used to make deep fakes are improved, it becomes harder to discern what’s real and what’s fake.

Cybercriminals have used this technology to sow disruption in various places. In terms of business, fake videos or audio recordings can be used to impersonate CEOs and spread misinformation, disrupt operations, or even steal millions.

4) Social Engineering

By definition, social engineering attacks are the psychological manipulation of people to coax them into telling or performing actions that result in the divulging of sensitive information. The most common type of social engineering is phishing attacks. This is another ongoing threat the business world has struggled to deal with because these attacks go after the weakest link in a company’s cyber security measures: employees who lack proper cyber security training.

5) AI Fuzzing

AI fuzzing is a technique where machine learning is used to find vulnerabilities in a network. This can be used to help a company plug up gaps in their security. However, it can also be used to help cybercriminals find ways to exploit your system.

Keep Your Business Protected

The Stability Networks team is committed to protecting our clients from cyber threats. We offer a range of security services that allows you to take a proactive approach to secure your network. No matter what type of vulnerabilities are in your cyber security, we find them and fix them for you. With us as your partner, you can rest easy knowing your IT is in the hands of highly trained experts.

To learn more about the services we offer, contact us today!

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