Cybersecurity Trends and Predictions for 2021

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We direct our gaze to the much-anticipated year of 2021! Whilst so many industries don’t know what next year has in store, when it comes to cybersecurity threats we’ve made a few forecasts…

1️⃣ Ransomware attacks on the rise

In 2021, most of the attacks will exploit known vulnerabilities in targeted systems in order to gain access to the target networks and manually deploy the ransomware. In response to the ongoing COVID-19 pandemic, a growing number of organizations will allow its employees to remotely access their resources, thus enlarging their surface of attacks. Unpatched systems and poorly protected access points will allow threat actors to compromise a large number of companies.

2️⃣ IoT devices, the Achilles’ heel of the global networks

Threat actors will focus their efforts to target unprotected IoT systems with specifically designed malware. This will increase the number and scale of new IoT botnets, some of which will be based on well-known malware, such as the Mirai bot. The diffusion of IoT devices will attract ransomware gangs that could develop specific malware variants to target these systems. 2021 will be the year of the first IoT ransomware attacks in the wild.

3️⃣ Crimeware-as-a-service, the winning model

The Crimeware-as-a-Service (CaaS) model will continue to enable both technically inexperienced criminals and advanced threat actors to rapidly arrange sophisticated attacks. Advanced threat actors will adopt these services to make attack attribution difficult and to rapidly arrange hit-and-run operations. In the next months, major botnet operations offered implementing this model, such as Emotet and Trickbot, will be the root cause of infections on a global scale.

4️⃣ AI-based attacks, a dangerous threat

A growing number of attacks will benefit from the adoption of Artificial Intelligence to carry out malicious activity. In 2021, the introduction of AI-based platforms for attack purposes will allow threat actors to improve the efficiency of their operations by simulating the response of the targets and attempting to elude them in real-time.

5️⃣ State-sponsored hacking, a threat to state sovereignty

The ongoing pandemic and escalating tensions mean that nation states will be increasingly active in cyberspace next year. In 2021, there will be a significant increase in cyber espionage campaigns carried out by state-sponsored hackers. State-sponsored attackers aim at gathering intelligence on strategic Intellectual Property, which can give their governments a technological and economical advantage in the post COVID-19 world.

0:00 Intro
0:28 Ransomware attacks
1:31 IoT devices
2:13 Crimeware-as-a-Service
2:41 AI-based attacks
3:16 State-sponsored hacking
4:07 Bottom line

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