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The world has experienced a constant growth of online activity as the technology needed to enable this became more accessible. However, this growth rate accelerated in 2020 due to the pandemic forcing people online to maintain personal and business activities in the face of physical lockdowns. An unfortunate side effect of this increased online activity was a corresponding increase in cyber attacks targeted at the new wave of digital dependents with little to no idea how to mitigate the security risks and threats they now face.
Reports indicate a spike in common security threats like malicious emails, ransomware attacks, and vulnerability exploits on critical IT infrastructure. Coupling these statistics with survey results that show how unprepared most organizations are to respond to a cyber attack already paints a grim picture of the future, but there’s more. Newer technologies like cryptocurrencies, the Internet of Things (IoT), and Artificial Intelligence/Machine Learning (AI/ML) that come with their vulnerabilities are slowly becoming mainstream, expanding the scope of security risks to contend with.