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The Top Cyber Security Threats to Watch For in 2020

Published March 02, 2020

The Top Cyber Security Threats to Watch For in 2020

Last year, the worst data breach exposed the personal data of over 4 billion internet users. Your business might not be that big, but you do handle lots of data.

You must protect it, or you could find your business included on the cybersecurity list of shame next year.

Are you looking to keep your business, data, and customers safe this year? If so, then it’s crucial to brush up on the top threats you’ll be facing.

Read on to learn about the top four cybersecurity threats abound in 2020.

1. Ransomware Attacks

Ransomware attacks aren’t new, but they are increasing in frequency and intensity. If you’re a business, then expect to get targeted in 2020.

Ransomware attackers are now targeting businesses, schools, hospitals, and even entire governments. First, they get into your system and find important data. Then, they take the data or encrypt it so it’s unavailable to you.

Next, the attackers demand a ransom (usually money) for the return of your data. Your options are usually limited to either paying the fee or losing the data.

Do you think your business is too big or too small to get targeted? Think again. Last year, the entire city of New Orleans declared a national emergency when it happened to them.

2. AI-Powered Phishing

Phishing is attempting to lure information out of your business through deception. Often, the hacker appears as a legitimate entity or business.

While easy to spot in the past, AI is complicating things. Phishing attacks in 2020 will look even more real. It’s up to you and your employees to spot these types of attacks.

3. Attacks From Within

If you had to guess what your biggest cybersecurity vulnerability was, then what would you say? It may come as a shock, but you and your employees are usually your biggest threat.

Attacks from within may happen when you hire a devious employee. That person gains access to important data and your servers. Once they do, they can use it for nefarious purposes.

At other times, your employees make mistakes.

They click on a phishing link or provide their login details to the wrong person. They can get duped into giving up valuable information through social engineering efforts.

Instead of this happening to your business, invest in training for your employees. Teach them about common online threats and how to avoid them. The money you spend on training will pay for itself if it stops only one cyber attack.

4. Targeting Smart Devices

From phones to doorbells, almost everything is ‘smart’ in 2020. While very useful, these smart devices are also vulnerable to attack.

If your business uses third-party devices, then get a security team to verify they’re safe. Otherwise, you could be leaving your backdoor open for hackers to come and go as they please.

Avoiding Cybersecurity Threats Through 2020

Navigating through cybersecurity threats can feel like wandering around a dark forest. You know there are hackers out there waiting to scoop up your data. It’s crucial to start protecting yourself before they attempt to attack.

Are you ready to take your cybersecurity to the next level in 2020? The experts at Pegasus Technologies will protect you and your business. Reach out to us now to learn more about how we can help.

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Erik Gudmundson
info@pegtec.com

Erik Gudmundson is an experienced leader in the field of IT service delivery. He is responsible for designing, proposing, implementing, and supporting cloud, on-premise, and hybrid IT solutions in computer-dependent business environments. As a trusted advisor to his clients, he communicates solutions and pitfalls/workarounds effectively.