Blog & Resources

5 Threats Shaping the 2022 Cybersecurity Landscape

The past two years have been great for business — if you’re in the cybercrime business. Economists say cybercrime now generates at least $1.5 trillion in revenues every year, roughly equal to the annual GDP of Russia. It is now more profitable than the global trade of all major illegal drugs combined.

An IT Lifeline

Co-managed support services help relieve the strain on overextended internal IT teams.

The largest enterprise organizations often have the necessary resources to fully staff an in-house IT department. Meanwhile, small businesses with tight budgets usually find it more cost-efficient to outsource IT services to a third-party provider.

Strength in Numbers

Multifactor authentication goes to extra lengths to improve security.

Hackers don’t usually try to force their way into corporate networks by defeating cyber defenses. Instead, they’re more likely to gain entry using legitimate user credentials.

According to the Verizon 2021 Data Breach Investigations Report, 61 percent of security breaches involved credential abuse.

Protect Your Cloud Assets with Cloud Firewalls

As organizations of all sizes continue to move more data and workloads to the cloud, most are facing significant new security challenges. Ninety-eight percent of companies surveyed recently by IDC said they experienced at least one cloud data breach within the previous 18 months, with 67 percent reporting three or more such incidents.

How MiCloud Connect with Teamwork Enhances Remote Collaboration

Successful organizations have always depended upon groups of people working together to maximize efficiency and solve complex problems. Team dynamics help create structure, encourage creativity, foster innovation and drive productivity. Research by Frost & Sullivan suggests that as much as a third of a typical company’s productivity can be traced directly to team collaboration efforts.

Why You Need Multi-Layered Security

Defense-in-depth strategy can help organizations counter surging levels of cybercrime.

Although exact figures won’t be tallied for another couple of months, most security analysts expect 2021 to rank as perhaps the worst year ever for cybercrime. With data breaches, ransomware attacks, phishing scams and malware infections all increasing at a record pace, global damages from cybercrime are expected to reach more than $6 trillion by the end of the year — six times more than in 2020.

Don’t expect cybercriminals to take a vacation in 2022.

“The sophistication and scale of cyberattacks will continue to break records, and we can expect a huge increase in the number of ransomware and mobile attacks,” said Maya Horowitz, VP of Research at Check Point Software.

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