are we ready to stop cyber attacks?


This article was translated from our Spanish edition using AI technologies. Errors may exist due to this process. Opinions expressed by Contractor the contributors are theirs.

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Of cybersecurity point of view, 2021 has not been a very good year. It started with a big move to contain the SolarWinds cyberattack and ends with records in ransomware attacks.

Organizations in all regions of the world have had to exert unusual efforts with a hybrid workforce that presents ongoing security challenges due to the COVID-19 pandemic, skills shortages, cyber attacks on critical infrastructure and relevance. of cryptocurrencies for cybersecurity, among others.

What will the cybersecurity challenges be in 2022?

The empire of ransomware

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An analysis by the SILIKN research unit noted that there had been around 640 million attempts ransomware attacks at the end of September 2021, this number should therefore approach 890 million attempts by the end of the year. In Mexico alone, in the banking and financial services industry, attempted ransomware attacks increased by more than 2,500% in 2021.

Which sectors have been and will be the most vulnerable to ransomware in 2022?

As we know it, ransomware has become one of the fastest growing areas of cybercrime in recent history. It should be noted that in 2021, there was a ransomware attacks every 10.2 seconds.

The figure for ransomware damage in 2021 is estimated at around $ 32 billion in losses. And unfortunately, the damage figure of ransomware Attacks are expected to reach 299 billion per year by 2030, with attacks every 1.8 seconds.

It is important to mention that the current reports contain different data (in part because many companies suffering from ransomware attacks did not report such incidents), so it is difficult to know the exact data of the organizations involved. But according to the SILIKN research unit, 57.8% of organizations in Mexico have undergone a ransomware and experienced an average of nine days of inactivity, during the year 2021. And while the general figures may show some variation, it is true that ransomware should explode next year.

The sectors most affected by ransomware in 2021 (and it is estimated that there will be no major changes by 2022) are:

  • Government: 22.9%
  • Financial services: 18.7%
  • Health services: 15.3%
  • Education: 12.4%
  • Technology: 7.9%
  • Manufacturing: 4.7%
  • Retail – Retail sales: 3.1%
  • Other sectors: 15.0%

Corporate Identity Theft

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While much attention has been paid to ransomware This year, one of the trends that we will see a lot more in 2022 is website cloning and online fraud issues. Consumers and brands are being conned by cyber attacks generated abroad. Scammers target well-known brands, be they banks, tech companies, or even cryptocurrency, in the hope that the consumer doesn’t realize that the link they click on takes them to a clone of the real website. Thinking they are in the right place, the consumer enters their username and other sensitive information, which leads to theft of identifiers, the acquisition of accounts and more serious problems.

Tackling website cloning requires an offensive attack. Organizations will need to use cybersecurity tools that can identify scams as soon as they materialize and shut them down before they reach consumers, employees, or other users online.

Insiders continue to be an alert for organizations

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In 2020, employees stayed home to avoid contracting and spreading COVID-19. In 2021, many employees will be staying home because they want something more, something their job doesn’t offer.

Cyber ​​security that already addressed the skills gap and millions of job vacancies is now affected by the Great Resignation, whereby people change jobs by taking their knowledge with them. Whether it’s early retirement or a shift to less stressful jobs or careers, organizations will be tasked with filling a growing knowledge gap, and this should be a top priority.

Innovation and training of the dark side

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A crucial point to consider for 2022 is the readiness and innovation of cybercriminal groups to develop, distribute and execute ransomware . Unfortunately, criminals are better trained and financially motivated to carry out these attacks.

Cybercriminal groups operate in a structured way. Besides the fact that unlike authorities and governments there is no bureaucracy and they share information, methodologies, tools and tend to support those who know less about technical matters.

Since the FBI, the NSA, Interpol, Europol among others are on the lookout for cybercriminals who attack large companies, governments or critical infrastructures in the most developed countries, criminals will take advantage of this to carry out larger, more frequent and more frequent attacks. more sophisticated. against organizations. in Mexico, where cybersecurity is still a slowly evolving issue.

In 2022, we will see an exponential increase in ransomware attacks against small and medium-sized enterprises (SMEs), especially those located in Mexico and other Latin American countries. In addition, the RaaS model will allow more and more criminal gangs to operate and expand their operations in different parts of the world. Latin America is estimated to be one of the most attacked regions in 2022.

The Organization of American States and the Inter-American Development Bank have pointed out that cybercrime has succeeded in overtaking drug trafficking at times – both in terms of scale and benefits – for which 2022 is expected to be a year. A complex year for authorities around the world, as we would see more and more alliances between drug traffickers and cybercriminals.

The worst cyber threats, contrary to what appears in the media and social networks, are not ransomware , DDos attacks, social engineering or phishing. The worst cyber threat is the ability of cybercriminal groups to operate, organize, attack, learn, understand, share, and be far better prepared than authorities and governments.

This is the real threat: the ease with which cybercriminals operate from anonymity and apply all their expert knowledge to perform malicious acts. Understanding how these groups of cybercriminals operate is key to stopping them.

About Perry Perrie

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