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Major cybersecurity trends expected in 2022 will be influenced to a large extent by digital shifts accelerated by COVID-19 events. These include working from home, increased reliance on e-commerce, mass mobile gaming, etc.

Some industries are more vulnerable to cyber attacks than others. Companies that hold sensitive data or personally identifiable information are common targets for hackers. Businesses or organizations that are most vulnerable to cyber attacks include banks and financial institutions, healthcare institutions, corporations with inclusive data such as product concepts, intellectual property, etc., and higher education institutes, which hold information on enrollment data, academic research, and more. 

Cybercrime costs in 2025 are expected to reach $10.5 trillion in 2025, according to embroker.com. 

According to digitalinformationworld.com, cybersecurity next year will be characterized by several major trends:

  • A continuing incline in malware cybersecurity threats, with ransomware being a particularly expected form of them. The frequency of ransomware attacks has increased from one every 40 seconds in 2016 to one every 11 seconds in 2021.
  • Increase in attacks via the Internet of Things (IoT) – connected electronic devices. While attacks via the IoT are already encountered, 2022 will most probably see a rise in not only individual threats but also the further sophistication of their delivery methods.
  • Cybercriminals will move from identity theft to identity fraud, predicts the Identity Theft Resource Center in San Diego. Bad actors are accumulating personal identifying information, but they’re not using it to target consumers as much as they used to do. Rather, they’re using it in credential attacks on businesses. The increase in fraud will lead to another development in 2022 – a behavior change –  consumers withdrawing from certain kinds of online activity.
  • Increases in supply chain attacks.
  • Criminals will drive victims to use payment apps, digital wallets and peer-to-peer services as part of scams.
  • A rise in preventive measures – to better counter cyber attacks, 2022 is the year that we’ll be seeing a rise in AI-based cybersecurity, with the technology becoming more and more sophisticated as machine learning develops to prevent all sorts of conducted attacks. 

How to lower the risk of fatal cyber attacks? embroker.com suggests the following measures:

  • Reduce data transfer – keep sensitive data on personal devices
  • Download carefully – verify sources and avoid unnecessary downloads
  • Improve your passwords
  • Update your software regularly
  • Monitor for data leaks