Which are the biggest threats for 2020?

What data breaches or attacks or malware or other vulnerabilities will be the most damaging? Looking ahead of the evolving threats that your organization should watch out for in 2020 will help shape your constructive cyber security approach. We have listed some of the most disruptive cyber security risks of the year 2020 in the section below.

Internet of Things (IoT) Attacks

IoT has brought the entire world closer than ever before. Profoundly intellectual engineering has transformed the way business operates and given us an emerging entertainment and education world. It facilitated communication and made it vulnerable. The design of the Internet of Things is so complex that it is very tough to handle these apps in particular, and it will be difficult to apply security patches.

The net of IoT systems is made up of many unsecured devices and the hackers can reach corporate networks very quickly through these networks and cause malware attacks. There are various reports based on the IoT attacks which state that around 100 million attacks took place in 2019 and the next year can expect more attacks. Hackers exploit IoT vulnerabilities and target the devices.

There are millions of devices exist with vulnerabilities and if proper care is not taken then a large-scale attack can damage the whole system.

Insider Threats

There are a lot of cyber security issues that are caused by insider threats and one of them is employee errors. Cyber security tools, technologies, and services like PRetect are very effective to prevent or minimize threats due to insider attacks.

There are many instances where it is claimed that multiple workers from the top international companies sell customer data for illegal use to specific third parties. There are expected to be more threats in 2020 that will result from human errors. Issues of insider threats have increased to a very critical level and now there are some guidelines that each organization has mentioned to protect their data from cyber detection services.

Supply Chain Concerns

Hackers in the cyber world always persuade them to reach their goals with the most convenient methods which sometimes leads them to third party vendors. Attacks also predominate through the supply chain. There have been many well-known threats attributed to third-party vendors, the most prominent being the devastating Stuxnet intrusion discovered in 2010 and the 2013 aim data breach.

There are many possibilities in third party that can include accidental insiders, an external developer, malicious employees, a service contractor, a supplier or any other person who has access to the critical system. And many of these third parties have poor cyber security programs and processes which make them a rich target for cyber criminals and an avenue for even bigger prizes.