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The Biggest Cybersecurity Concerns for 2020

Cybersecurity should remain a priority for businesses worldwide as cybercriminals are always finetuning their tactics. Hence, you need to always watch out for new threats that can affect your organization. We cover a few a few cybersecurity concerns that can affect your business in the upcoming year.

Not Complying with Regulations

In today’s digital world, there are a lot of regulations and regulations for businesses to follow. Many of them follow these diligently, while some get tired of following the compliances. They give up on meeting these crucial standards that provide an adequate safeguard against cyberattacks. 

Not following these guidelines can be harmful to your businesses. It can put both your clients and customers at significant risk. Also, some companies have overlapping regulations with contradictory elements to a business. With multiple demands to comply with, your cybersecurity can suffer due to overtaxed resources.

Poorly Configured Cloud Ecosystem

Cloud solutions have grown by leaps and bounds in the last few years. But, the workforce is not trained enough to maintain the cloud infrastructure and its security.

According to Gartner, 95 percent of public cloud security failures are due to the customers’ actions and not the fault of the platform providers. For example, in 2019, the Capital One breach was due to misconfigured cloud solutions leading to security concerns. 

Based on the previous developments, 2020 could see the same pattern. We should to be prepared to address these threats.

Presence of Mobile Malware

As our reliance on mobile devices increases, malware attacks have gotten more sophisticated for mobile devices. In 2018, Kaspersky Lab discovered many malware attacks targeting banking applications, and the malware files rose from 18,501 to 29,841 within the same year. That increase could be attributed to more people who tend to use mobile banking applications. Cybercriminals have shifted their focus from web to mobile.

Increase in Phishing Attacks

No matter how much you tweak the algorithm or fix the patches, nothing can take the place of the person operating the keyboard. Being the weakest part of your cybersecurity ecosystem, your users can be easily fooled.

Your company will remain vulnerable to phishing attacks and scams without the proper cybersecurity training practices.

MyTek, Phoenix IT services can help you protect your business as we approach the new year and put your mind at ease regarding these cybersecurity concerns. Feel free to give us a ring at 623-312-2440 today!

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