Authored by: Ray Garnie, APAC VP, DigiCert
2020 has brought about a lot of change. Who would’ve imagined watching our favorite sports teams on TV and stadiums without spectators, or the one-year postponement of the Tokyo Summer Olympic games? But isn’t it nice that some things don’t change, like our annual exercise of predicting what cybersecurity challenges we expect in 2021 and beyond?
With all the uncertainty that 2020 presented us, no one knows with 100% certainty what will happen. However, we can be reasonably certain about our predictions based upon the changes to infosecurity brought upon us by the pandemic and other events of 2020 and the way it will likely shape 2021. First and foremost, in our thoughts are the impacts of vastly increased remote working and digital transformation that have both been accelerated by the pandemic and the difficulty of in-person gatherings. So, with these events in mind, our team of cybersecurity experts gathered five 2021 cybersecurity predictions:
1. Social engineered attacks will get more complex
According to Verizon’s Data Breach Investigations Report for 2020, social engineering is a top attack vector for hackers, and we expect threat actors to leverage current events to unprecedented levels. Consider the following:
Fraud risks: We can expect a rise in pandemic-focused stimulus funding from governments to provide relief for the effects of the pandemic, that will only make this a richer channel for fraudsters. Many countries in Southeast Asia have taken measures to provide an economic safety net but without proper implementation, risks of misuse, fraud and corruption increase if security methods are not able to keep up.
Contact tracing: Contact tracing is mandatory in countries like Singapore, causing people becoming dependent on digital tools such as QR codes. They can be at risk if they do not practice good cyber hygiene, and fall for QR code phishing scams if links are maliciously asking for personal data.
Tax season: Phishing around tax season will drastically increase. Recently, there were cases in Singapore of fake emails from IRAS offering COVID-19 tax relief and tax refunds.
2. Shortcomings in data security are going to cause a slowing effect on telehealth organisations due to an increase in targeted attacks
Telehealth providers are opening themselves up to cyberattacks on an unprecedented scale. Prior to the pandemic, telehealth comprised only a small fraction of medical visits. However, beginning in March 2020, much of medicine suddenly shifted to the telehealth model with an uptick in public and private healthcare providers offering such services. The value of a single health record is high, and this will become a growing target for fraudsters looking to take advantage of this situation. It’s a perfect storm. Healthcare providers are rushing to set up systems and keep up with exploding telehealth appointments, while hackers are looking for soft, high-value targets. As news of successful attacks spreads, this will result in eroding patient trust.
3. The “New Normal” will be under attack
We predict that individuals and businesses alike will adjust to a new normal sometime in 2021. This new normal will result in an increase of travel, a reduction in unemployment, and a transition for workers to return to the office, leading to threat actors’ attacks on the following:
Travel: Fraudsters looking to take advantage of the new normal will target vacation-starved travellers looking for good deals online or via email. Phishing attacks will be the tool of choice and will be leveraged successfully by fraudsters.
Back to the office: As workers return to the office, there will be a steady crescendo of applications offered by threat actors with the promise of increased productivity tools to ease the transition to the office. Expect new attack vectors to emerge not only for social engineering, but also attacks targeting common home devices that are used at home for workers splitting time working at home and the office that can be used to compromise an individual and allow for lateral movement into a business. Workers splitting time between the home and the office will only exasperate this transition period, causing confusion and an increase in security risk for business.
Data Breach News: News of data breaches will increase in 2021 as the public learns of exploits on companies that haven’t done a good job securing their remote workforce.
4. 2021 will bring increased focus on automation and efficiency solutions in the security market
As organisations work to keep the lights on and scrutinise the bottom line, there will be a resulting push for efficiency in security technologies.
Security teams will be asked to do more with even fewer resources. 2021 will bring an emphasis on technologies that allow organisations to do more with less, and automation will play a significant role in terms of security innovation in the New Year. According to a 2020 SANS Automation and Integration Survey, 12% of respondents had no security automation in 2019. In 2020, that dropped to 5%. We predict the level of automation in 2021 will increase exponentially.
A consolidation of security vendors will take place in 2021 as businesses look to reduce the number of vendors within their environments. Trusted vendors with leading global technology and local resources where their customers live will be valued, as will be their emphasis on automation of security tasks.
As security investments focus on immediate value, Quantum Computing will continue to move forward. We will see the effect of Moore’s law on Quantum Computing. As Quantum Computing allows for tasks to be more efficient, organisations will prioritise its continued development. Improvements and efficiency are recession-resistant.
5. Always looking to exceed expectations, we also looked beyond 2021 and into their crystal ball for the next 5-10 years for what security innovations will await us.
Holographic teleconference to minimise travel: Each generation brings a new technology which “shrinks” the globe. In the early part of the 20th century, steam ships allowed people to make trans-Atlantic crossings in about a week. Then propeller airplanes shortened it to two days (with stopovers). Once commercial jets became viable, the same trip which took one week on a ship took less than 10 hours on a plane. With the advent of the Internet and email, instant communication was made possible. Fast forward to today, where everyone is using video teleconference tools to communicate, which have in many cases, eliminating the need to travel. In the next 10 years, expect holographic teleconference or sophisticated telepresence devices, where participants can view others in 3D without the need for special glasses. Holographic projectors located on the back of cameras, will project the image in front of you, which will give a more lifelike experience to conferencing. This will further reduce the need to travel across the globe to meetings. To make this a reality, a backbone of high speed, secure communications pathways will be required. In addition, on the hardware side, a migration to higher capacity processors and higher resolution cameras and projectors will be needed. For the software, codecs that can operate in 3D with the appropriate encryption controls are a must. While this technology will start with businesses, it will easily expand to consumer use cases as families will be able to “visit” each other using this holographic method.
Data privacy: The data “given away” by the current generation of children in the home will come back to haunt this generation in the future, inspiring a new generation to carry infosec securely into the future. Children being forced into online learning at home will instil in some a discovery and passion for technology. This newfound passion for technology among this virtual learning generation will inspire new technology and security solutions and will inspire a new generation of innovators. The generation growing up now will have a tremendous impact on the careers they choose in the future.
And there you have it. Here at DigiCert, we look to the future, so we can offer the best protection in the present. Bring on 2021.