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Latest Security Trends For Businesses in 2022

Security Trends For Businesses

Cybersecurity is always changing. While organisations work to harden their systems against vulnerabilities, attackers create new attack tactics. The rising reliance on computing systems for business and personal purposes allows attackers to exploit sensitive information and damage organisational operations. Developers and security trends for businesses professionals must monitor cyber security trends for dynamic threat modelling and mitigation. This paper examines the top cybersecurity issues for 2022 and how they may affect businesses and users.

Cloud vulnerabilities

Cloud deployments offer flexibility and cost advantages, but cloud vulnerabilities pose cybersecurity concerns to modern organisations. Most organisations struggle to deploy comprehensive security controls to restrict attack vectors due to many geographically scattered devices and third-party integrations.

According to a recent study, misconfigured cloud security trends for businesses for remote workstations and external APIs communicating with third-party services cause data loss and illegal access to cloud-based assets. To overcome this, organisations are adopting Cloud Security Posture Management (CSPM), which helps compliance and security administration.

DevSecOps is a methodology that helps organisations shift left for security. This means security is considered equal to other development workflow considerations from the beginning of SDLC.

Remote security

Due to COVID-19, organisations changed business structures to encourage remote work. This new normal has introduced new vulnerabilities due to weak security policy implementation, heterogeneous network infrastructure, and lack of knowledge to harden remote device security. Throughout the epidemic, attackers found new ways to target network security vulnerabilities such faulty firewall installation, unprotected broadband connections, and single-layer protection resulting to data leaks.

The countermeasures pushed organisations to focus on data safety and rapid incident response for remote operations. To safeguard decentralised access, organisations are adopting a zero-trust strategy for sensitive data and imparting organization wide training to ensure every stakeholder knows and observes security best practises.

Security First

The identity-first security trends for businesses programme helps organisations give safe resource access for distributed deployments. This strategy stresses user identity verification over login credentials that hackers might easily exploit. The approach also uses Identity Detection and Response (IDR) to detect hacked or attacked user profiles, helping security teams counter persistent threats.

The recent trend shows an identity-first security strategy that goes beyond authentication and authorization to cover a larger range of access controls, including session management and threat modelling for holistic resource protection. Multi-Factor Authentication (MFA) and Single Sign-On are popular identity-based security mechanisms (SSO).

Consolidating suppliers

Modern apps combine various frameworks, packages, and plugins. Third-party interfaces simplify development procedures but reduce application resource oversight. Using several third-party integrations also requires more human work to connect disconnected safety measures. This sprawl in security controls sometimes affects the effectiveness of cyber security operations, requiring a security team to focus on patching vulnerabilities caused by each integration.

Nearly 50% of companies are adopting a vendor consolidation strategy to detect, identify, and remediate security issues, according to a new poll. Consolidating third-party technologies and security vendors helps streamline security operations. Defense-in-depth is important to vendor consolidation. Teams investigate the vendor network and IT infrastructure for security weaknesses and overlaps.

Cyberattacks

Ransomware attacks remain a top cybersecurity issue, with 71% of data breaches in 2020-21 being financially driven. In this type of attack, threat actors deploy malicious software to take computational data or resources illegally. Attackers demand a ransom for sensitive data or organisation access. A Ransomware attack targets industries that employ specific software to hold significant amounts of sensitive information.

The European Union Agency for Cybersecurity (ENISA) attributed the spike to a rise in ransom payments from corporations trying to escape the consequences of a successful attack. Although organisations are adopting regulatory advice and methods to harden their security, the increasing threat landscape is worrying.

GDPR Data Privacy

With data privacy rules being enforced in numerous countries, organisations prioritise having data privacy officers on their cybersecurity teams to help their businesses and services comply with security regulations. Organizations use data encryption in transit and at rest, role-based logins, multi-factor authentications, credential protection, and network segmentation to boost data privacy.

Numerous assaults exposing sensitive organization/customer information have enforced to the implementation of federal, state-level, and worldwide data privacy rules like the EU GDPR.

GDPR unifies EU member states’ data protection laws. While aimed to protect EU people, the regulation spiralled global data security efforts because it encompasses all EU-sold goods and services. Organizations must gather, process, and store user data legally. The regulation establishes protocols to protect data from exploitation, misuse, and guidelines on respecting data owners’ rights.

  1. Legal, transparent data processing
  2. Data protection policies
  3. Determining the compliance monitor
  4. Evaluate data protection initiatives
  5. effectiveness user privacy rights
  6. Hire a data protection officer
  7. Company-wide data security training

SAAS (SECaaS)

With the fast development of the cybersecurity threat landscape, establishing unique security solutions, quality audits, and control processes is a huge cost burden for organisations. Security-as-a-Solution (SECaaS) is a cloud-based managed security trends for businesses service that helps organisations overcome comprehensive security.

SECaaS helps businesses decrease the strain of their in-house cybersecurity teams and scale security measures as the business grows. SECaaS helps organisations to use the newest security functionalities, upgrades, and features. It also reduces human overhead and redundant threat mitigation efforts, saving security.

Most SECaaS options offer granular security, with the most typically outsourced security services including:

  1. Continuous monitoring
  2. Email security
  3. Intrusion protection
  4. Network security
  5. Security Information and Event Management
  6. Business continuity and catastrophe recovery
  7. Risk assessment

Cybersecurity Mesh- Architecture (CSMA)

Developed by the Gartner, CSMA is one of the most prominent strategic cybersecurity trends of 2022. It provides organisations with a flexible and collaborative framework for security architecture.

With the expanding amount of cyberthreats, organisations must do continuous assessment and threat modelling to manage risks connected with their complex tech stacks. The cybersecurity mesh helps overcome security silos by establishing a framework that integrates security solutions for hybrid and multi-cloud systems.

The CSMA model provides a flexible, collaborative approach to security architecture by modularizing security activities and enforcing interoperability utilising four supported layers.

  1. Implementing analytics and intelligence by analysing historical data to forecast and mitigate future cybersecurity attacks
  2. Identity decentralisation
  3. Consolidates security dashboards
  4. Policy and stance consolidation

Threats to mobile security

With 92% of the world’s population now having a hand-held device, the modern works environment introduced the Bring Your Own Device (BYOD) & remote work culture, which relies on personal devices being granted the needed privileges to access sensitive data and essential infrastructure.

While the culture encourages cooperation, workplace mobility, and lower device and software licence costs, security remains an issue.

  1. Malware commands from a device
  2. Malicious redirects
  3. Phishing communications used to collect authentication data
  4. Public wi-fi and mobile collaboration technologies create security holes that permit phishing attacks to get credentials or sensitive data. Data leakage is a top mobile security trends for businesses.
  5. Network spoofing
  6. Malware/spyware installation
  7. Unsecured Wi-Fi
  8. Cybercrime
  9. Takeovers

Conclusion

Changing cybersecurity dynamics urge businesses to proactively avoid risks and vulnerabilities. While technology helps organisations expand and innovate, it also poses security dangers.

Continuous and dynamic security trends for businesses is considered. Crashtest Security Suite delivers automated penetration testing and vulnerability scanning to protect online apps and APIs.

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