Several research agencies and leading technology organizations have revealed their cyber security predictions for 2022 and beyond.
Google in August 2021 said it will invest $10 billion over the next five years to strengthen cybersecurity, including expanding zero-trust programs, helping secure the software supply chain, and enhancing open-source security.
Google is also planning to train 100,000 Americans in fields like IT Support and Data Analytics, learning in-demand skills including data privacy and security.
Microsoft will make an investment of $20 billion over five years to deliver more advanced security tools, says CEO Satya Nadella.
Google news on cyber security
IDC, a leading research firm, said 60 percent of CIOs will multifactor authentication for its efficacy as an essential minimum to counter rising cybersecurity threats by 2022.
60 percent of CIOs will collaborate to use ecosystem capabilities as a critical source of innovation, data sharing, differentiation, and cybersecurity risk management by 2025, IDC said.
The Cyber Security Market size is predicted to reach $539.78 billion by 2030 from $183.34 billion in 2020, says a report in ResearchAndMarkets.com.
Check Point Software Technologies recently released its cyber-security predictions for 2022 detailing the key security challenges that organizations will face over the next year. While cybercriminals continue to leverage the impact of the COVID-19 pandemic, they will also find new opportunities for attack with deepfakes, cryptocurrency, mobile wallets and more.
“In 2021, cyber criminals adapted their attack strategy to exploit vaccination mandates, elections and the shift to hybrid working, to target organizations’ supply chains and networks to achieve maximum disruption,” said Maya Horowitz, VP Research at Check Point Software.
Check Point Software’s cyber-security predictions for 2022
In 2022, hackers will leverage fake news campaigns like misinformation about COVID-19 vaccination, fake vaccine passport’ certificates, 2020 US presidential election, etc. — in order to execute phishing attacks and scams.
In addition, prior to the 2020 US presidential election, there was surge in malicious election-related domains and the use of “meme camouflage” aimed at shifting public opinion. In the run-up to the US midterm elections in November 2022, these activities will return and unleash misinformation campaigns on social media.
Supply chain attackers use lack of monitoring within an organization’s environment. They can be used to perform any type of cyber-attack, such as data breaches and malware infections. The SolarWinds supply chain attack stands out in 2021 due to its scale and influence, but other sophisticated supply chain attacks have occurred such as Codecov in April.
REvil ransomware gang exploited Kaseya, a provider of software for Managed Service Providers (MSPs), to infect over 1,000 customers with ransomware. The …….