What You Need to Know about Cyber Security in 2020

Written By Alla Levin
December 23, 2019
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What You Need to Know About Cyber Security Attacks in 2020

For businesses with a focus on protecting their customers, their reputation, and their finances, the dangers of cybercrime remain a consistent issue.

With classic methods of cyber-attack combining with new and updated types of attack, cybersecurity is becoming more critical than ever.

As consumers become more aware of the signs of a vulnerable brand, they are deciding not to give their data or their financial details to a business due to a lack of trust).

As a result of this new awareness, business owners are going to need to shift to a more thorough defense against cybercrime. If you want to stay ahead of the hackers, here are the facts about cyber security attacks in 2020 that you need to know.

Phishing Attacks Will Remain Commonnewer form of cyberattack known as Spear Phishing

Although classic phishing scams remain prevalent, a newer form of cyberattack known as Spear Phishing is set to become far more common.

While phishing traditionally makes use of unrecognized emails or messages from strangers where a link is included that the cybercriminals hope is clicked on, spear phishing is slightly different.

In these attacks, the scammers gain the details of people that you know to make it look like the communications that they send are from a trusted source.

This makes clicking on a link far more likely. This type of personalized attack is set to become one of the most common security issues to tackle in 2020.

SMEs Even More Vulnerable

When we read about big data breaches, it is often the large brands and globe-spanning corporations that are in the news. This makes many SME owners feel as if they are safe from attacks.

The fact is that although the big, recognizable brands getting attacked are newsworthy, there are far more cyberattacks aimed at small to medium-sized businesses.

This is due to them being easier to target thanks to a lack of financial resources.

Being unable to afford the best cybersecurity experts, or lacking the knowledge or foresight to invest in cybersecurity software and hardware means that SMEs are going to continue being the main target for hackers.

In 2020, SMEs are going to need to pay far more attention to cybersecurity issues if they want to keep their business safe.

Artificially Intelligent Cyber Security Attackscyberattacks aimed at small to medium-sized businesses.

Artificial Intelligence (AI) is slowly becoming an integral part of our daily lives, whether you see it or not. Although there has yet to be any major data breaches that have specifically used AI to cause more harm, it is highly expected that 2020 will see huge growth in cyber attacks that are powered by machine learning.

The problem with AI-backed cyber attacks is that they are going to be very difficult to identify without the right protection in place.

Businesses that are not using high-quality security products from professional cybersecurity experts like Watchguardonline.co.uk may find that they are particularly vulnerable. As AI becomes an integral part of the modern world, and hackers offer Hacking as a Service (HaaS), those with malicious intent are only going to be stopped by business owners having more awareness of the need for more robust security measures and security training.

With advances in malware and a growing public awareness of the threat of cybercrime, business owners need to ensure that they are taking their cybersecurity seriously.

2020 is set to see some shifts in cybercrime, with updated phishing methods, SME vulnerability, and machine learning is the main areas to be concerned about. Make sure that your business is taking steps to tackle cybercrime in 2020, or the potential outcome could be catastrophic.

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