1. Remote Workforce Security and Data Protection
Gartner lists “securing your remote workforce” as the topmost security project for 2020-2021. In the first quarter of 2020 when enterprises were forced to migrate their entire workforce to remote work almost overnight, IT became busy creating safe and efficient remote access to the enterprises’ files and applications. The focus was security from a network and data perspective. Due to the critical nature of data which was now cloud-based and distributed, enterprises had to rely on hasty and last-minute security infrastructures which opened doors to cloud-based attacks.
2. Customer Data Protection Initiatives
Ignoring data protection and privacy norms is a blunder businesses can make especially when it comes to customer data. Research shows that almost 60 percent consumers will stop doing business with an organization that has experienced a cyberattack in the past year. The data also indicates that one in four consumers will jump ship to a competitor’s product or service after a single ransomware-related service disruption.
3. Enforcement of Data Protection Regulations and Compliance
4. Data Protection from New Ransomware Techniques
Ransomware techniques will become more sophisticated and innovative. For instance, there will be ransomware “families” that will refine their tactics, techniques and procedures to become more evasive and finesse their sophistication, targeting multimillion-dollar business. Then there will be an increase in the number of entry-level, apprentice-type ransomware attackers offering ransomware-for-rent, or ransomware-as-as-service, allowing targeting of high volumes of smaller prey. “Secondary extortion” will increase where attackers steal and threaten to publish sensitive or confidential information if their demands are not met.