Cybersecurity threats are a never-ending concern for businesses. It doesn’t matter how big or small your company is it pays to know the cybersecurity trends that could affect how your business operates this year.

In 2017, there were more than 2.5 billion records stolen, exposed or lost around the globe. This represents an 88 percent increase from 2016.

While 2017 was a huge year regarding cyber-attacks, that doesn’t mean that cybercrime is taking a break in 2018. In fact, there have already been countless attacks.

As a company or business owner, it’s imperative that you know the types of threats that may impact your business. However, what’s even more important is being aware of what’s going on in this industry.

Learn more about the four biggest cybersecurity trends that may impact your business in 2018.

1. 2018 Will Make History in Regard to Cyberattacks

While many thought 2017 would be the worst year for cyberattacks, this simply isn’t the case, what’s been seen thus far in 2018 is just the tip of the iceberg.

The main issues that have caused most of the recent cyberbreaches haven’t been resolved.

Today’s IT departments now have the task of managing more complex networks than ever before, while supporting more different types of endpoints and protecting more sensitive data.

Attackers are also becoming more sophisticated, with more incentives to mount cyberattacks.

An even bigger problem is that Legacy systems are still dominating many businesses and organizations. These are being decommissioned, but it is a process that will take years.

2. Physical Harm is Going to Result from Cyberattacks

Successfully securing the IoT (Internet of Things) is more important than securing traditional IT networks. There’s a simple reason for this.

IoT attacks are a threat to public safety.

Hacked mobile devices and computers usually can’t cause physical harm. While this can be frustrating, it doesn’t compare to being involved in a car accident or having your pacemaker or infusion pump compromised.

IoT is going to literally become a matter of life and death. You can’t just sit around and wait for this to happen.

With the growing use of IoT and a lax concern regarding security, it’s really only a matter of time until criminals and hackers breach the critical connected infrastructure and devices, causing direct physical harm to people.

3. Hackers Will Begin Targeting Employees

Most IT departments focus their spending on actively preventing external attacks. However, the reality is that the majority of data breaches begin internally.

This happens by haring documents via unsecured, consumer applications, or by clicking on phishing attacks that are becoming more and more sophisticated.

As technical defenses continue to improve, workers are considered the weakest link. As a result, they are targeted more than ever by attackers.

Wondering what the best method of protection is? Hack yourself.

Bring in ethical hackers to help you find vulnerabilities and fix them. Also, be sure to educate employees. If they don’t know the risks, they can’t be part of preventing a breach.

4. Cybersecurity Products and Insurance Go Together

In 2018, it doesn’t matter what employee or system is proven to be the weakest link. Huge corporate data breaches are going to happen, and insurance companies are now taking notice.

They take notice because an attack to their clients can be both harmful and helpful to their bottom line.

Not only are more firms going to see additional cyber policyholders, but the avenues of high tech cybersecurity products and insurance are going to go together to help manage risk.

Being Informed of Cybersecurity Trends is the Best Way to Protect Your Business

There’s no sign that cybersecurity attacks and breaches are slowing down anytime soon.

While steps are being taken to try and prevent these situations, they still aren’t entirely effective.

Being aware of the cybersecurity trends can help you protect your business from serious harm and loss.

If you want to learn more about cyber protection and why it’s so important, visit our blog. To find solutions to your cybersecurity woes, contact our team.