The world of cybersecurity was progressing rapidly until the pandemic began in 2020 and gave it a little break. While cybersecurity progressed, its speed was more like a cautious walk than a full-on sprint.
With the focus primarily resting on security remote workforce and remote working platforms, it was a somewhat slow year for cybersecurity. At such a time, even the companies could not adapt their systems to the latest security measures, which led to many expected threats to take their shape.
However, with life slowly returning to normalcy, it is safe to predict that 2022 will be a bright and exciting year for cybersecurity. As the industry learns from its mistakes in the last two years, a dire need will develop for cyber-resilience.
It will pave the way for a new way of operating and working, which will also give rise to new challenges.
Hence, when we look forward to some of the predictions for cybersecurity in 2022, we learn that the sooner we learn to adapt to future strategies, technologies, and policies, the better it will be. It is safe to say these predictions will be nothing short of exciting and alarming concurrently.
In such times, the skills of a cybersecurity expert with high qualifications and who is up-to-date with recent developments in the industry can play a key role for organizations.
Hence, a person who has a master’s cyber security online degree can help you adapt your organization to the policies, systems, and technologies that are necessary for the present and the future. With that said, let us discuss some predictions for 2022.
1. Cybersecurity Talent Drought Will Worsen
In the past two years, from the start of 2022, experts have noticed a significant shortage of cybersecurity experts in the field. This factor affects almost every industry imaginable, and its effects can only worsen.
At some point in the year 2021, more than 500,000 jobs related to cybersecurity were left vacant in the United States of America only. According to experts, that is a figure that is only expected to increase in the coming months due to the increasing ratio of cyberattacks.
Due to this challenge, businesses will find it highly difficult to protect their organization’s network and work data. While tech partnerships and services will continue to fill the gap and help protect data, these services may come from an unlikely host.
That is, we can expect artificial intelligence (AI) to take over several aspects of cybersecurity.
AI technology has advanced enough to detect malware and internalized cyber-threats. With some more progress, AI technology will be able to analyze and quantify large sets of data much quicker than human beings.
It will be able to detect phishing attacks, data exfiltration, inside threats, and privilege escalations.
2. Supply Chain Cyberattacks Will Be Commoditized
There has been a major rise in cybersecurity attacks on software supply chains in recent times. These cyberattacks are particularly threatening, as they can shut down and harm a company’s entire supply chain system and services. Such incidents can result in significant disruptions in the business.
Unfortunately for every industry out there, we can expect supply chain cyberattacks to become even more common in 2022. As cybercriminals realize that supply chain attacks are a much more effective way to damage the whole organization, there will be a significant rise in these attacks.
Not only are these attacks the most disruptive, but also relatively easier to achieve.
3. Diminish and Resurgence of Cyber Insurance
As cybersecurity threats increase, so does the cost to handle these risks. In essence, the cost is the biggest challenge the industry has faced in the past two years. And as the economy recovers from the aftershocks of the pandemic, the costly environment has caused more issues for the industry.
Due to these reasons, companies don’t purchase cyber insurance with comprehensive policies. This aspect will lead to a decline in the cyber insurance industry.
However, we can also expect to see an eventual resurgence of the industry, as companies will soon become increasingly aware of all the risks associated with cyberattacks. They will realize what it takes to acquire separate coverage, and soon, cyber insurance will resurge.
4. More Risks With More Smart Devices
The Internet of Things (IoT) is proliferating, and its growth can lead to several cybersecurity threats in the future. Hence, we can expect to see more cyberattacks in 2022 due to the increasing number of devices connected with IoT.
The rapid multiplication of these devices, which are seldom properly protected against cyberattacks, can increase everyday usage threats. Hence, hackers will be able to gain access to several devices that are vulnerable to cyberattacks, such as smart TVs, security cameras, DVRs, etc.
5. Increased Adoption of Multi-Factor Authentication
Application vulnerabilities have always been a significant concern for cybersecurity concerns, and the industry is working tirelessly to make these apps more secure for users.
Hence, making endpoint monitoring, zero-trust network access methods, and multi-factor authentication a priority will play a crucial role in the industry. It will protect an organization’s important data, intellectual properties, and overall IT structure.
This also implies that companies will spend an extensive budget to invest in these prevention layers and reduce the impacts of any large-scale cyberattack.
6. Growing Concern for Wellness and Mental Health of Cybersecurity Professionals
Members of the Multi-State Information Sharing and Analysis Center (MS-ISAC) are growing increasingly concerned about the health and wellness of cybersecurity professionals.
As the past two years have been extremely stressful in almost every regard, the immediate requirement to shift to remote work and keep employees safe from cyberattacks has become more crucial.
In such a stressful environment, the professionals are burning out, as was expected. However, employers are taking charge of this situation, offering cybersecurity experts assistance programs and encouraging them to take it slow and steady.
Hence, EAP and vacation times can help experts step back from their field and finally take a moment to recharge their energy.
While the sense of foreboding never ends in the cybersecurity industry, the coming year will prove to be a lot more eventful and exciting. However, companies also mustn’t let a false sense of security cloud their judgment, as that is the biggest tool for cybercriminals.
As even multinational corporations become victims of full-blown cybercrimes, it goes to show that no company is truly ever safe. Fortunately for us, there are several ways we can secure and protect the company, with the professional assistance of cybersecurity experts being on top of the list.