Top Cybersecurity Threats

It has never been more critical to understand and implement a cybersecurity strategy for your organization to protect against the top cybersecurity threats. Cyberattack accelerations cost companies over $20 billion in 2021 and are expected to rise to $42 billion in 2024. Global cybercrime damage is predicted to hit $10.5 trillion annually by 2025.

A recent report from Capitol Ventres states a Ransomware attack happens every 11 seconds and will increase to every 2 seconds by 2031. We rely upon email more than ever as a collaboration tool for the dynamic workplace. It is also the source of 94% of cyberattacks in the form of Ransomware, with attackers increasingly leveraging advanced phishing, account takeover, and domain spoofing. Cyber AI is the only tool that can keep pace with this rapidly evolving threat.

DDoS attacks have sharply risen with no end in sight. According to Zscaler and ZDNet, the average enterprise DDoS attack costs $2.5 million. There has never been a more powerful argument to abandon outdated VPNs in favor of Zero Trust Network

CYBER-ON-CALL® outlines the Top Cybersecurity Threats in 2022. 

  1. Ransomware – Ransomware continues to be the #1 cyberthreat. These attacks often occur via phishing, with 94% of malware delivered through email. They have massive potential to disrupt economies and society. In 2021 a company was hit with Ransomware every 11 seconds. On average, companies that paid ransom only recovered about 8% of their data.
  2. Gaps in IT/OT – As businesses and critical infrastructures experience IT and OT convergence, most OT attacks start in IT. A unified approach to cyber defense across IT and OT environments has never been more critical.
  3. Other Unknown CVE – Protecting against CVEs (Common Unkown Vulnerabilities & Exposures.) Many CVEs can be identified as a risk to your systems. These weaknesses in computer software can be used to access things one should not gain access to, opening the door to vulnerability.
  4. Endpoint Vulnerabilities – About one-third of IT incidents happen due to endpoint vulnerabilities. Malicious actors exploit standard endpoints or entry points of end-user devices such as desktops, laptops, mobile devices, and printers to gain network access. Endpoint security systems protect these endpoints from cyberthreats on a network or cloud.