What You Need to Know: Cybersecurity Predictions for 2022

Lourdes Borjas

By 2021 the cybersecurity sector was seriously tested by hackers. SolarWinds attacks got uncovered, we witnessed a rapid increase of more sophisticated ransomware attacks and extreme exploitation of vulnerabilities. This year, hackers targeted critical infrastructure and fragile supply chain areas more than ever. 

For Secure Stay, as a cybersecurity defender, trying to figure out where the industry could be leaning towards might be a difficult task. However, we could make informed recommendations by analyzing data patterns, the latest threat intelligence, and the updates in legislation. 

Other aspects to consider are including the changing needs of organizations as they keep evolving and rapidly moving to the cloud. Although, based on accurate information and collected data, we can recommend where to keep your focus in the coming year. Our team of experts at Secure Stay shared their knowledge and put together this article with cybersecurity predictions for 2022. Knowing more what types of cyber attacks to expect can be helpful to prepare for the next level in the fight against cyberattackers. 

Reducing the Threat of Ransomware Will Be A Top Priority

Predicting what will happen is never an easy task. Based on trends from 2020 and 2021 Secure Stay and its experienced team, safely concluded that ransomware would be a significant issue. Specially since it’s one of the main threats to hotel industry.

By analyzing data, experts worldwide don’t expect a decline in ransomware attacks anytime soon. On the contrary, an increase in ransomware attacks is part of the cybersecurity predictions because the rewards for the attackers are high. According to statistics, only during the first half of 2021 there was an increase of 82% in the average ransomware payment. Currently, the average sum stands at $570,000.

The IC3 and FBI followed up 2,500 ransomware incidents reported in 2020. That number is suspected to be much higher as that sum only considers the incidents reported to the authorities. Statistics warn us about an increase of these attacks and the frequency of them.

One key reason for an increase in ransomware is its profitability; cyber gangs generated around $100 million in 2018 and 2019. Some gangs even designed programs that incentivized others to utilize their malware to perform attacks. 

The patterns indicate that we should anticipate hackers to increase their efficiency in 2022. That is unless institutions worldwide and law enforcement join forces to slow down the gang’s progress. They have already started some collaborations that show promising results from the end of 2021.

Cybersecurity Predictions Advice to Get Back to Basics

Cybersecurity still has a long way to go to reduce the impact of ransomware, particularly in the hospitality industry. The first few steps to consider should be assessing vulnerabilities as we’ve seen the lack of security hardening. Ensuring that all internet security infrastructure gets tested should be a top priority to reduce the risk of an attack. 

Our team of experts still encounters weak spots within the hotel’s infrastructures. Proceeding with a risk assessment should be one of the first top priorities to consider. Although this is not the first reason for becoming a victim of ransomware, a structure is just as strong as its weakest link. Failing to have a solid internal infrastructure could create a domino effect within the network.

It’s important to know about the different types of attackers in cyber security. The key in fighting ransomware attacks is to reinforce cybersecurity across all enterprise levels. While the process of securing every front might be challenging and sometimes overwhelming, keep in mind that we at Secure Stay are here to help. Essential cybersecurity should be everyone’s focus as we advance into 2022.

Will Experts Consider AI in Their Cybersecurity Predictions?

The answer to that is yes. Innovations in machine learning, automation, and AI will continue to be a must for the cybersecurity sector in 2022. With an increase in the networks and endpoints, we require more innovative solutions to keep up with tech advances. 

We strongly advise hotel businesses to invest in implementing tech solutions that will help  utilize resources to their fullest potential. While AI and automation help boost security, they cannot replace experienced humans.

Conclusions

Although it might sound scary and overwhelming, the future is also exciting. Rest assured, knowing that you’re not alone, our team of experts is available to help your hotel and clients stay secure. 

While we might make some predictions about what awaits cybersecurity in 2022, the truth is that life itself is unpredictable. You should ensure an appropriate level of cybersecurity to avoid cyber attacks as much as possible. Organizations will continue to battle attacks differently as new risks arrive. Your hotel will require new technologies, tools, and management techniques. Make sure your business is ready for the future. Consider partnering with Secure Stay.

We’ll teach you how to repel cyberattacks.

We’ll teach you how to repel cyber attacks.