December 4, 2022

POINT TRIAL

PORTAL GENERAL BLOG

4 Business Components That Are at Risk of Cyber Security Attacks in 2022

5 min read

In 2022, businesses are going to be at more risk of cyber security attacks than they have ever been. This is because there are more devices connected to the internet than ever before – and as these devices become more sophisticated, they also become more vulnerable.

The number of people using mobile devices for work continues to rise, and this means that employees have access to company data from anywhere in the world. This can be a great benefit for businesses, but it also means that it’s easier for hackers to get into the system.

In 2022, we expect to see more cyber-attacks than ever before. This could be because the number of security vulnerabilities continues to grow, and more people have access to the internet. Or it could be because criminals are developing new tools and techniques to use against companies and individuals alike.

Emails and Private Messages

A phishing scam is an attempt to trick a user into providing confidential information, like passwords or credit card numbers, by pretending to be from a reputable company.

These scams have been around for decades, but they’ve become much more sophisticated since the advent of email. In fact, many people are now being targeted through their email accounts. According to research published by Proofpoint, 78% of firms will experience an email-based ransomware assault in 2021, and 77% will see business email compromise (BEC) attacks.

The reason? Because it’s so easy for hackers to access these accounts and use them to send out fake emails that look legitimate. They do this by stealing your password or using social engineering tactics – like pretending to be you – to gain access to your account. Once there, they can send out emails as if they’re coming from you, which will fool people into thinking they’re legitimate communication from someone they know personally.

This makes emails and private messages prime targets for hackers because they’re so easy for them to access and then manipulate – so make sure you never open attachments from people who aren’t close friends or family members.

Hence, companies must quickly turn to the email security cloud to build a strong and resilient parameter around their confidential email data.

IT Systems and Applications

The world is changing. And so are the threats.

With the rise of technology, there’s a lot more we can do with our businesses, but it also means there’s a lot more that can go wrong. That’s why IT systems and applications are among the most vulnerable of all business components to cyber security attacks in 2022.

IT systems and applications are at risk of cyber security attacks because they’re typically centralized and accessible from multiple points, making them easy targets for hackers who want to steal data or cause disruption. The sheer number of people with access to these systems means that even if you’re not doing anything wrong, you might be unknowingly leaving yourself open to attack by someone else on the network.

Each organization worldwide now faces 925 cyberattacks every week, which is up 50% from the previous year, according to Check Point Research. According to figures, businesses experienced 50% more attacks each week in 2021 compared to 2020.

To protect yourself from cyber security attacks against your IT systems and applications, make sure you’re keeping up-to-date with patches and updates from vendors whenever possible (and always be sure to update your software regularly). Also, check on your firewall settings regularly – you might need more protection than what your vendor provides out-of-the-box.

Cloud Systems

Cloud systems will be highly vulnerable to cyber security attacks in 2022. The cloud is a digital system that individuals or businesses can access through the internet. Cloud computing allows companies to store their data on servers hosted by an external provider rather than storing it locally. This means they can access their data from anywhere, anytime. It also means that companies don’t need to invest in expensive hardware and software systems, which are much more cost-effective.

However, this convenience comes with its own set of risks – especially when it comes to cyber security. First of all, there’s always the possibility that your data will be hacked by someone else who has access to your cloud system – either accidentally or maliciously. If someone manages to break into your cloud system and steal some of your information, they could use it for identity theft or even blackmail you.

The second major risk associated with cloud computing is that it puts all your sensitive information at risk if something goes wrong with the provider’s servers or other infrastructure components (including software). In this case, you would lose all of your data immediately because there would be no way for you.

Payment Systems

In 2022, payment systems will be highly vulnerable to cyber security attacks. This is because they are central to all commerce, and thus their failure can have a huge impact on businesses.

The threats against payment systems are widespread, with ransomware and other malware being some of the most common types of cyber-attacks. These threats can be amplified by the increasing use of connected devices in retail environments, such as self-checkout machines and point-of-sale terminals.

Payment systems are also vulnerable because they are often controlled by third parties, such as banks or credit card companies. In these cases, it is difficult to impose strict security measures on these entities because they do not have direct control over the system itself.

Research by J.P. Morgan revealed that roughly 71% of the organizations experienced financial fraud attacks in 2021, while 30% of the companies witnessed an increase in payment-related frauds in the same year.

Wrapping Up

To stay secure in the digital world, it’s important to be aware of the risks. The more you know, the better prepared you’ll be to protect yourself against cyber-attacks.

Whether through a simple phishing scam or a sophisticated malware attack, cybercriminals are always looking for new ways to take advantage of their victims. By staying up-to-date on cyber security news and trends, you can better understand how to protect yourself from these threats.

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