June 23, 2022

4 effects of changing technology on cybersecurity

According to a Deloitte report, companies will spend on average more than 5% but less than 15% on their annual IT cybersecurity.

Although the number may seem small, it indicates how much an organization is willing to spend to protect its business from unwarranted attack. Cybercrime is intimidating. The relentless techniques employed by cyber criminals to gain access to any server can be ruthless. These hackers release malware, attempt phishing, steal identity, and do cyberstalking to misuse data. As technology develops, the need to protect your database has also grown exponentially.

Cybercriminals are taking advantage of changing technology to launch a more concentrated attack that can weaken firewalls. But you are not totally helpless. By learning about how these hackers work, you can find ways to counter them. Additionally, it is essential that you find out which areas are most vulnerable to a threat. Here are some ways cybercriminals can try to outsmart you:

What is cybersecurity?

Cybersecurity is an umbrella term that encompasses all processes aimed at protecting a network, server, database, or program from attack. Part of learning cybersecurity is gaining insight into hacking and simulating harmless cybercrimes to assess whether the steps you have taken have been successful in blocking the danger.

You can choose to pursue cybersecurity as a full-time degree or take short courses like hacking 101 to analyze an offender’s behavior and the security measures you can put in place. For example, you can design a comprehensive framework of security details and implement it at the organizational level or check hardware and software to ensure they can be used safely. This also includes installing firewalls, penetration testing and security audits.

How is cybersecurity impacted?

Although cybercrime is not a new concept, the tactics used by these hackers are much more detailed and harder to block. Moreover, some of these techniques are elaborate and difficult to distinguish, which helps these criminals to get into any database. To give you an idea, here is why cybersecurity has also become very vigilant:

  1. Spear Phishing

Phishing is one of the oldest fraudulent practices. A cybercriminal sends an email from a reliable company or your bank. It coerces you into sharing your credit card details, sensitive passwords or account numbers by simulating security threat. Previously, these emails were easy to identify because they contained grammatical errors and the content had no credibility. However, phishing has now evolved to become more overhauled and very sinister.

Overall, people are aware of phishing attempts but haven’t busted a target yet. Instead of sending generic emails, cybercriminals choose their target and content carefully. These attempts aim to obtain financial data, trade secrets and personal information without alarming you.

  1. Emergence of botnets

Botnets are high technology product and are useful for cyber criminals to spread virus and spam you email. However, as technology has reached new heights, these botnets have also transformed. Hackers are now using them to extract personal data, which can provide access to details such as finances and addresses. As a result, hackers can steal your identity and use it for various highly malicious purposes.

Your identity can be pre-sold in underground markets to conceal dangerous criminals, making you a potential suspect for the police. They can also use your information to infiltrate your organization’s database and steal valuable assets until nothing is left. Without cybersecurity, it is not possible to filter out these bots and prevent serious damage from occurring.

  1. Attacking social media accounts

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Social media are useful platforms for exchanging and rekindling social ties. Therefore, you need to create an account and provide so many details about your life to achieve this goal. For example, you can provide your address, give records of places you have visited, and note the exact date of your training. Some social media channels are also connected, giving you access to all your accounts spread across various apps. Hackers can use your information to impersonate you online and further their criminal acts by trying to gain access to your friends and family by providing them with corrupted links you sent.

These cyber criminals can also use your factual information to commit physical crimes such as breaking and stealing valuables from your home. For example, in 2008, the bling ring, also known as Hollywood Hills Burglar, used Google Maps and websites to track the aerial location of celebrities, followed by Twitter and Facebook to find out where stars lived, at what events they were and how far was their house to break in. Although these members did not use sophisticated methods, seizing your unprotected public information becomes open season for these criminals.

  1. Destroy big business

Cybercriminals have attacked many large companies, including the healthcare sector. These corporate violations jeopardize a company’s reputation, but can drive any organization out of business to repair the damage. For example, by stealing patient data, a hospital may have halted operations to recover sensitive information while installing a new security measure to prevent a massive HIPAA violation. This can easily cost over a million dollars in prevention and recovery, making it harder for the healthcare industry to provide quality care and thus neglect poor patients.

Trade secrets and confidential projects are also not secure, and once they are accessed, it can lead to wide exposure of the company, which can lead to the shutdown of the entire company. It takes malware and a carefully planted virus to sneak into the database and cause immense damage.

How can cybersecurity prevent this?

As a cybersecurity expert, you can access a few tricks up your sleeve that can prevent these attacks. The first is to ensure that all data is running on updated and genuine software and not duplicate versions. Following this, you can encourage companies to digitize their data and store it encrypted in the cloud, which is not easy to penetrate and requires two-factor authentication such as a fingerprint.

Final Thoughts

Cybercriminals evolve with time and technology, which is illustrated in the way they hack. Traditional, generic methods of initiating a crime are no longer used; instead, more specific means that are far more powerful, some effectively bypassing security details, have entered the picture.

Your best defense is to use the same advanced technology to protect your database as a cybersecurity professional. Turn to tools like big data, AI, and blockchain to move digital data into secure spaces that hackers can’t easily break. Additionally, you must continue to use your knowledge to create a security architecture that thwarts a hacker’s every move before it happens.

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