Cyber threats are becoming more sophisticated and constantly evolving. So has cyber security transformed a lot in the last decade.

Many adults remember when they only had to dial a loud modem while using the internet. Still, today, companies are spending so much to minimize cyber threats and attacks to secure their business and consumer data, utilizing Zero Trust VPN, Passwords, Firewalls, etc.

In 2010, the world was absolutely different as regards cybersecurity. Our world perception was less replete with crime news and stories, malware attacks, and ransomware.

Cyber Attacks Types

Ransomware: in this kind of occurrence, the attacker holds system, files, or documents access to ransom and denies access to the actual owner until an expected action is taken.

Man in the Middle Attacks (MitM): This attack is targeted at victims’ communication. The victim thinks he has private communication. This kind of attack can be stopped by end-to-end encryption.

Distributed Denial-of-Service Attacks (DDoS): In this kind of attack, the attacker tries to block a company’s business operations by sending requests that make the network unavailable.

Cryptojacking: This kind of attack is one of the recent ones, and it allows attackers to gain access to a victim’s computer secretly for mining cryptocurrencies.

The Rise of Cybersecurity Solutions

Encryption: Encryption makes data unreadable to unauthorized individuals. It is used in securing various kinds of data, such as sensitive bank details and private chats.

Two-Factor Authentication (2FA): This provides an additional security layer to an account by requesting a different form of authentication since passwords are now being hacked.

Data Backup: This kind of cybersecurity is used mainly against ransomware attacks. It makes data available to the user instead of being stranded and halting business operations.

Sensitization and Training: The trend of attacks makes it hard for companies to protect their devices. However, awareness and training on cybersecurity can help a company stay afloat during a strike or an attack.

Over the last decade, a lot has changed, and it continues to evolve, profoundly affecting how we use the internet.

1. Social Media and Personal data

In 2010, Facebook was around its 5th year, and many personal data became handy around the internet. Instagram, too, was gaining so much popularity. In addition, many other social media platforms were gradually taking up the global stage.

In 2010, the average user time spent on social media was measured in hours each month, but today, it runs into hours per day! Year-in-year-out, social media has grown to become a big thing. Beyond just garnering likes and followers on the platforms, it has also made personal data very easy to access. This has also changed the way hackers operate.

With personal data freely accessible around the internet, hackers have been able to evolve into more sophisticated methods and more successful phishing schemes.

2. Malware and Spyware Attacks

In 2011, giant company Sony Corporation announced a whopping 77 million user data stolen from its PlayStation database. This raised a different perception of how data was viewed. In 2013, the Guardian reported that millions of Americans were under the surveillance of the NSA.

This news ran deep into the hearts of many, and for several months many people began to think about how easy their personal information was accessible on the internet and could be shared even without them knowing about it gradually; the gravity and risks of personal data began to gain momentum in the hearts of many, globally.

The same year, sensitive government information was stolen with the help of spyware technology.

3. Ransomware Launched

In 2017, ransomware was launched with WannaCry spreading to over 200,000 computers in more than 150 countries around the globe. It took several thousands of King computers hostage and required payments in Bitcoin to release them.

That situation was the first of its kind and the most significant and widespread ransomware attack ever. This further deepens the perception of people about the security of data breaches, seizures, and the need for cube security. In fact, many saw that it wasn’t an issue reserved for the big corporations alone; they found themselves directly affected by the crisis!

WannaCry introduced a new era of data risk and made cybersecurity highly critical for everyone.

4. Multi-factor Authentication Graced The Stage

Multi-Factor Authentication became a thing several decades back. It is simply a process of requiring multiple problem points of identity for access to information or resource.

MFA became rampant in the last decade, with Google and many top companies making it necessary to access accounts and resources. The world saw a drop in hacks with this feature. It has proven highly effective, and anyone determined to keep their information private
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The last decade has brought about a wave of change in cybersecurity. There is an increased data rate that is making its way online. And while cyber thugs are finding ways to steal these data on the web, cybersecurity technologies are constantly geared towards securing data and assets across different aspects of the internet.

Predictably, the next one or two decades will see new forms of data attacks and system hacks and an equally advanced cybersecurity architecture that will probably be able to provide a higher level of security to sensitive data across different industries.

Conclusion

Cyberattacks continue to evolve and become increasingly sophisticated, and measures of cybersecurity continue to rise to beat the challenges. However, everyone needs to channel their security effort.

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• Source: Plato Data Intelligence: Platodata.ai