No business system has been hit harder by the ongoing pandemic than our supply chain. Challenges, including delays and further disruption, are continuing, especially as supply chain actors continue to adjust to a new way of doing business. And now that more workers are demanding remote or hybrid work environments, businesses are having to contend with new weaknesses and vulnerabilities in their security infrastructure — both digital and physical.
As we continue to move through the worldwide disruption caused by the coronavirus pandemic, we are seeing a huge uptick in the number of cyberattacks focused on small and medium-sized businesses (SMBs). What is even more ominous is that many of these organizations and non-governmental organizations (NGOs) or nonprofits that provide much-needed services to underserved populations. The reason more nonprofits are finding themselves in the crosshairs of hackers is that they have the perfect combination of attractive features: they are typically easy to breach because they do not have the resources to stay on the cutting edge of cybersecurity protocols and they handle a lot of sensitive and confidential information.
Cyberattacks are increasing at an alarming rate, with a global spike of 105% in ransomware attacks alone in 2021 across all industries, with the health care industry experiencing a 755% increase in overall activity by cybercriminals. Data breaches are becoming increasingly common, with large enterprises such as Solar Winds and others making headline news. As a small business, you may be tempted to breathe a sigh of relief, thinking that you are too insignificant to warrant attention from hackers.
Over the past few years, the manufacturing industry has been targeted by cybercriminals — from the well-known SolarWinds hack to the attack on one of the largest meat processing companies in the world. The increasing focus on manufacturers by cybercriminals is down to the industry’s growing reliance on digital tech and their move toward a digital transformation. With more than a third of manufacturers realizing better business value from spending on IT, digitalization is proceeding at warp speed which is both good — and bad.
Topics: Managed IT, Managed services, cybersecurity predictions for 2021, top cybersecurity predictions for 2021, trending cybersecurity predictions for 2021, vital cybersecurity predictions for 2021, Cyberattacks, Hackers