MIAMI, March 02, 2022 /PRNewswire-PRWeb/ — The COVID-19 pandemic has accelerated the digital transformation of businesses. However, the increasing adoption of new technologies has created new challenges for organizations, with cyber threats now a major concern.
An external hacker can break into an organization’s network in 93% of cases. Evidenced by the growth of invisible cyberattacks from 20% to 35%. And for those who work from home, 47% of whom fall for phishing scams.
Ransomware infects devices while using encryption that holds victim data for ransom. The files are locked behind unbreakable cryptography and they are at risk of being destroyed unless a ransom is paid, most often in the form of cryptocurrency.
This type of malware can quickly cripple entire organizations and generate billions of dollars in payouts to cybercriminals.
The cost of a ransomware attack has been estimated at $20 billion in 2021 and is expected to reach $265 billion by 2031.
2) Cloud threats
Since cloud technologies evolve very rapidly to adapt to the needs of organizations, there is space for many security gaps in deployments, thus increasing exposure to threats. In addition to their adoption challenges, 79% of enterprises reported cloud data breaches at least once in the past year.
3) IoT Threats
There were a reported total of 1.5 billion IoT breaches in the first half of 2021 alone.
The increasing complexity of IoT networks leaves room for various unexplored possibilities that cybercriminals can use against organizations.
Also considering that the average IoT device is attacked in just five minutes after it comes online, companies need to be very careful and effectively secure their products.
For more information on network security and how to protect networks from malicious intrusions, visit: https://www.designrush.com/agency/it-services/trends/what-is-network-security
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NordLayer is a scalable enterprise security solution that transforms remote access with multi-layered security, helping businesses protect themselves from external digital threats while enabling their teams to securely access corporate resources. .
Maja Dukadinovska, DesignRush, 8008565417, [email protected]