Small and medium businesses have plenty to worry about in 2021. Global economies are fighting recessions. Businesses are facing bankruptcies, and entire industries are facing failure. As the COVID pandemic continues and life slowly returns to something resembling normal, businesses everywhere are struggling with one risk that has always persisted, cyber threats.
Technology impacts all aspects of business, from logistics to finance and beyond. With the rapid adoption of machine learning and artificial intelligence tools, businesses are more and more dependent on software, hardware, and cloud computing. This blog will take a look at some of the prominent cyber security risks and trends that businesses need to look for in 2021 and how businesses can respond to them.
The threat landscape will evolve further in 2021. While it is understandable that hackers will find new ways to attack businesses, attacks will also grow in number and sophistication. Just as businesses that need outside IT help to streamline their businesses, hackers also have their own services available to them. Some cyber crime organizations exist for hire. A client provides a target, and the group provides the muscle. Some hackers even sell exploit kits to provide inexperienced hackers with the tools they need to create mayhem. Cyber criminals in 2021 will increasingly turn to ransomware and distributed denial of service extortion since they are easy to monetize.
A business’s data has always been under threat by insiders, but today’s technology is complicated, and employees may unknowingly be one of the greatest threats. While malicious insiders working against the company on purpose are pretty rare, negligent or stressed workers that bypass or ignore existing security processes do not know the role they have in keeping their company’s data safe. Remote work has made this exponentially worse. An IT mistake made in the office can usually be repaired by a visit from the IT department. Remote work removes this direct access. The human error factor is something that is always present.
- Have a risk management perspective – Take an honest look at your cyber security and do a rudimentary assessment of your current stance. If your cyber safety procedures have been neglected for some time, it doesn’t take an IT expert to see that cyber security is a constant process. Once a business realizes that it is a target and is constantly under threat of attack, it is easy to shift into a security-first mentality and deploy SOC-as-a-Service measures and seek continual compliance.
- Seek engagement across your entire enterprise – Every part of your business has unique security requirements, which means any security response has to be multi-layered and interlocking. Proactive organizations create a cyber security advisory board that includes members from across the company, not just IT. When employees have a voice in cyber security, it is easier for the entire company to buy in and understand their role.
- Review and standardize work from home and bring your own device security and policies – Deploying the technology needed to keep remote employees safe is one thing. Making sure they understand cyber security is another. IT and security teams should work closely with employees so they understand their role in keeping the company safe, policies should be documented and accessible, and the workforce should be tested for phishing awareness and device security.
IT security is an ongoing process, and the best way to keep your employees and your data safe is to partner with a trusted managed service provider that optimizes safety and security. Our managed security and compliance services are scalable to your individual needs. We include SOC-as-a-Service, cloud security, and continuous compliance services for businesses so they enjoy a safe and prosperous 2021.
RCS Secure offers a full spectrum of cyber security safeguards and services. Our services combine compliance standards expertise with cutting-edge technology to identify risks, prioritize remediation, and ensure you are both secure and compliant.