In the era of the internet and high connectivity, online threats are as prevalent as ever. The cyber threat landscape and constantly evolving cybe threats place information and data assets at constant risk. Cybersecurity incidents involving artificial intelligence (AI), machine learning, phishing, and ransomware are on the rise. Read on to learn more about emerging cybersecurity threats and what you can do to protect yourself from these threats
Common Threats
Cybercrime is on the rise the world over. Attacks are not only becoming more frequent by the day but also more severe. Global financial loss related to cybercrime is projected to hit $6 trillion annually by 2021. To effectively defend against cyber threats, we need to know what we are up against. Here are three cyberthreats you should be concerned about in 2020.
Ransomware
Ransomware attacks have become very common these days. In this type of attack, cybercriminals use technology to hijack their victim’s data and hold it until they pay a ransom. Ransomware attacks are increasingly targeting businesses and high net worth individuals. According to Forbes, there will be a 300% rise in ransomware attacks in 2020.
Cryptojacking
Cryptocurrencies are increasingly becoming a part of the rapidly expanding cybersecurity threat landscape. In a cryptojacking attack, hackers commandeer your device to mine for digital currencies such as Bitcoin, Litecoin, etc. The crypto mining software works in the background without your knowledge and can slow down your computer and lead to security issues.
IoT Devices
The number of connected devices is growing by the day and is expected to hit 75 billion by 2025. With more connected devices than ever before, cybercriminals are upping their ante by developing threats that cannot only attack your computer or smartphone, but also your home router, smart home system, smart TV, et cetera.
How to Protect Your Devices
Cyberthreats continue to evolve, with new risks surfacing every year. The year 2020 is no different, and cybersecurity is as important as ever. From ransomware to phishing and IoT attacks, there are many risks out there. While it may not be possible to completely prevent an attack, there are precautions you can take to prevent cybercrime. Here are some of the top security tools you can use to protect yourself
VPN
When it comes to online privacy, nothing compares to a VPN. Short for Virtual Private Network, a VPN masks your IP address and encrypts your internet traffic. A VPN helps you create a private network from a public network, giving you online privacy and anonymity. Surfing the internet privately and securely is as simple as downloading a VPN app on your device.
Email security
Phishing is the most common form of cyberattack. Phishing scams are mostly executed through email. Email security is essential to cybersecurity and can help you prevent these attacks. Consider getting a cloud email security solution with tools such as phishing detection, email archiving, threat monitoring, and spam detection to protect yourself against phishing attacks.
Vulnerability scanner
In the current threat environment, you never know what’s lurking in the shadows. There are just too many potential cybersecurity threats out there. Being aware of the weaknesses in your system can help you do a better job of protecting your data. A vulnerability scanner can help you evaluate the vulnerabilities in your computer system and patch these security holes accordingly.
Cybercrime is on the rise. From cryptojacking to ransomware to IoT attacks, we are seeing new threats every day. With an ever-expanding cybersecurity threat landscape, erecting robust online security measures is absolutely essential. You can’t prevent these attacks, but you can take measures to mitigate the risk of a cyberattack or reduce its impact by using tools such as VPN, email security, and vulnerability scanner.
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