You might hear about a major data breach here or there, but do you know how cybersecurity threats changed in 2020, and are you also ready for 2021? Talking about cybersecurity has become white noise, right. There are so many frauds, hackers, and serious hackers out there that it is difficult to stick with.
Let us keep it simple and stick to data – like the fact that the global cybercrime industry will wreak up to $ 6 trillion in damage in just a few years. How? ‘Or what? Just think how fast the attacks happen. COVID-19 poses an unprecedented threat to cybersecurity.
The number of phishing emails and social technology frauds using the COVID-19 pandemic as a theme represents the largest cybercrime incidence in history. From phishing scams and malicious attachments to hacking corporate emails and fake landing pages, the coronavirus has been a real gold mine for cybercriminals.
A ransomware attack takes a global company offline for days: a sophisticated ransomware attack attacks damaged systems for several days in more than 70 countries that are specially scheduled for the holidays. Here, Logic finders have divided the risks/threats into 7 different types. So, let us move on.
1. Phishing
Phishing is one of the most commonplace cyberattacks because of the excessive level of human interplay with digital communique. We observed that as the quantity of e-mail and on-the-spot messaging grows inside the business world, it would become a developing risk. 
Why does the increase in electronic communications increase the risk of phishing? Employees receive hundreds of emails and emails every day. At the end of the workday, when the mind gets tired, people can make bad decisions when they are tired and their minds are overworked.
The attackers know this and some choose to bombard employees with fake emails and social media accounts this time. After all, a hacker only needs one employee to make a mistake and destroy the integrity of the company.
2. SMS-Based Phishing (Smishing)
Firstly, SMS phishing is also known as “smashing”, seems to fall into the general category of phishing, but there are some major differences. While general phishing often takes place via e-mail or surfing, phishing takes place via SMS text messages on the phone. The attacker sends an SMS to the user’s phone. Just opening an SMS does not trigger an attack, but the message contains a link. After clicking on the link, the attack begins.
3. PDF Scams
Like phishing, PDF scams have one goal in mind: to trick you into opening an attached PDF. This involves sending an email with a message, often about a security policy update or additional information. However, when you click on the attached PDF file, it exposes you to malware or ransomware on your computer.
Unlike many email scams, PDF scams often don’t require you to open a link to provide information. PDF scammers know that people are wary of an email asking them to click on a link. However, people are more likely to open a PDF if they think it is a balance sheet or press release.
4. Malware and Ransomware
Data loss, downtime, and piracy are just some of the problems. Although they are not based on social interactions, Logic Finder believes that these attacks are very common in 2021, especially in small businesses.
Why do we think non-phishing attacks will continue? Hackers know that all companies store their data on servers that are connected to the Internet. All they need is a security hole and they can lead the attack.
5. Database exposure
Exposing the database is how it sounds: a security breach exposes the information in the database to hacking or theft. The database is exposed in several ways. Some hackers use social technology attacks to steal login information, while others use malicious code to gain access.
Since most companies use servers to host customer information, we believe that the presence of databases will be a major problem in 2021. Most company databases contain customer contact information, financial records, or documents. Identification, such as social security number. One of the biggest problems with the presence of databases is the driving force behind attacks on social technologies.
6. Credential Stuffing
Login Compliance is an attack designed to steal user access with credentials. This is more common in situations where the same credentials are used by multiple websites or accounts. For most online programs, we expect the placement of referrals to be a significant threat by 2021.
Canada Post, a Canadian postal operator, recently discovered that some users’ account information was hacked in 2017 due to information filling. While the exact number of affected accounts is unknown, Canada Post resets passwords for all users immediately.
Instead, most accounts were managed because customers used the same credentials on multiple websites, including Canada Post. As a result, if a user’s account on another website was hacked and the user had the same Canada Post credentials, hackers could also access the Canada Post account.
7. Accidental Sharing
We have all seen it happen, and it may have happened to you: the despicable “Reply All” email when you tried to reply to one or two.
Suddenly everyone in the office knows your real feelings towards the boss.
Accidental sharing is a similar problem. This occurs when information is accidentally shared or leaked. This is usually the result of human error, not malware or hackers.
Accidental sharing includes personal or business information and is shared via email, unsecured forms, posts, or social media platforms, and many other means.
Conclusion:
In a world where the Internet connects everything, cybersecurity has never been more critical. While it is important to have up-to-date hardware, software, and IT services, it is still important to understand that today’s hackers target human behavior through social media attacks. That is where Logic Finder stands.
We continuously monitor various news and security sites, as new events are released, they will be assessed to determine the impact to the companies and composition controls that are in place. We support a variety of industries including IT services, IT service manufacturing, construction IT support, and cybersecurity & network engineering technology. Contact us if your business is looking for IT services.