CyberSecurity 2022: Experts reveal that, worldwide, the average time spent online (in nine quarters from 2020 to 2022) is 417 minutes per day, a whopping six hours and 57 minutes (Oberloo). The same update also bares that South Africa has the highest time spent online at 607 minutes a day (10 hours and seven minutes), followed by Brazil at 582 minutes a day, and the Philippines at 579 minutes. With the shift from traditional to digital at full speed, here we explore the trends, threats, and attacks involving cybersecurity.
Cybersecurity Threats and Attacks
An article by Forbes compiled the biggest data breaches from 2004 to 2021, giving emphasis on the need to improve cybersecurity efforts: “Below is a synopsis with links on some of the recent cyber developments and threats that CISOs need to key a close watch on (and that you need to know) for the remaining part of 2022 and beyond.”
Cybercriminals can penetrate 93% of company networks
“In 93 percent of cases, an external attacker can breach an organization’s network perimeter and gain access to local network resources. This is among the findings of a new study of pen testing projects from Positive Technologies, conducted among financial organizations, fuel and energy organizations, government bodies, industrial businesses, IT companies and other sectors. An attacker’s path from external networks to target systems begins with breaching the network perimeter. According to the research, on average, it takes two days to penetrate a company’s internal network. Credential compromise is the main route in (71 percent of companies), primarily because of simple passwords being used, including for accounts used for system administration.” – Excerpts from an article by Beta News.
Software supply chain attacks hit three out of five companies in 2021
“Survey finds significant jump in software supply chain attacks after Log4j exposed. More than three in five companies were targeted by software supply chain attacks in 2021, according to a recent survey by Anchore. The survey of 428 executives, directors, and managers in IT, security, development, and DevOps found that the organizations of nearly a third of the respondents (30%) were either significantly or moderately impacted by a software supply chain attack in 2021. Only 6% said the attacks had a minor impact on their software supply chain.” – Another excerpt from an article by CSO Online
Businesses suffered 50% more cyberattack attempts per week in 2021
“Check Point Research on Monday reported that it found 50% more attack attempts per week on corporate networks globally in calendar year 2021 compared with 2020. The researchers define a cyberattack attempt as a single isolated cyber occurrence that could be at any point in the attack chain — scanning/exploiting vulnerabilities, sending phishing emails, malicious website access, malicious file downloads (from Web/email), second-stage downloads, and command-and-control communications. All of the attack attempts Check Point cites in the research were detected and stopped by its team.” – Excerpts from an article by Dark Reading.
An article by Checkpoint also bared updates on cybersecurity worldwide. The threats to cybersecurity are worsening, according to the article – global attacks increased by 28% in the third quarter of 2022 compared to 2021. Moreover, the average weekly attack reached over 1,130 organizations worldwide. The most attacked industry is education with an average of 2,148 attacks per organization every week, an 18% increase compared to 2021. The healthcare industry was also the most targeted, with one in 42 organizations affected by ransomware.
Forbes, in another article, bares the top five cybersecurity trends for next year, 2023. The business magazine states that the ‘internet of things’ has spread into every aspect of business and society, and that ‘there has never been more opportunity for lax security’.
“We often think of cybersecurity as an ongoing battle between hackers and criminals, and security experts, which is constantly escalating due to constant advances in technology. This is the “glamorous” side of the business that we sometimes see depicted in TV shows and movies. And indeed, threats sometimes come from hostile foreign states or devious, tech-savvy criminal masterminds. In reality, however, threats are just as likely to emerge due to improperly secured networks leaving sensitive data accidentally exposed, or unwary or indiscreet employees using non-secured devices while working from home.” – Excerpt from an article by Forbes.
2023 Cybersecurity Trends
- Internet of Things and Cloud Security
- Work from Home Cybersecurity
- International Attackers
- Artificial Intelligence
- Building Cybersecurity Awareness
With this, and its advocacy to spread awareness on the importance of cybersecurity, Trend Micro continues its free annual conference centered on cybersecurity titled ‘Decode 2022: Detect and Respond’. The two-day event is set on November 28 and 29, 2022. The conference will gather industry leaders from across the globe to discuss trends, threats, technology, and opportunities related to cybersecurity.
Trend Micro’s Annual Cybersecurity Conference
Always engineered to do good, Trend Micro Philippines continues its free annual cybersecurity conference this year with Decode 2022: Detect & Respond. This two-day virtual conference is set on November 28 and 29, 2022. Decode 2022: Detect & Respond will feature industry leaders from across the globe who will discuss the latest technologies, trends, threats, and opportunities in the fast-paced and ever-changing world of cybersecurity.
“Doing everything in its power to spread awareness and empower Filipinos, Trend Micro holds these free-for-all conferences with the intent of keeping cybersecurity professionals informed, inspired, and well-networked with their peers in the industry. This benefits not only their individual careers, but also the countrymen their work serves to protect,” stated Alma Saturnino-Alvarez, Threat Hunting Director of Trend Micro.
Last year’s conference, Decode 2021: DEC1DE. DEC0DE, garnered an audience of over 1,200 individuals. It also featured various case studies, discussions of top threats and risks, and an analysis of how a Chief Information Security Officer’s (CISO) role in a company has evolved through the years. The event also highlighted Trend Micro’s advocacy of uplifting women in the tech industry via a “Get IT Girl!” session that featured a Q&A activity with Olympiad Nesthy Petecio and a panel discussion that talked about diversity and inclusivity in tech.
CyberSecurity 2022: This year, Decode 2022: Detect & Respond will have six keynote presentations and over 40 sessions across four key tracks. Attendees will learn about recent and relevant developments in the security industry, including emerging threats and vulnerabilities, deepfakes, fake news, scams and spam, IoT and critical infrastructures, and threat hunting and incident response. They will also learn how to act on the knowledge they gained from the past five years of DECODE conferences to seamlessly detect and address security gaps through tried-and-tested methods and tools, quickly identify risk levels, and respond swiftly and accordingly to various threats.
Decode 2022: Detect & Respond, which promotes the efficiency and efficacy of cybersecurity systems to secure organizations and communities, is an online event where IT professionals and students can learn and network virtually. Conference recordings will be made accessible to all attendees until a year after the event.
With Decode now on its sixth year, Trend Micro furthers its initiative to improve the cybersecurity industry by bringing top security experts to the Philippines’ largest annual cybersecurity conference.
Learn about recent and relevant developments in the security industry, including emerging threats and vulnerabilities, deepfakes, fake news, scams and spam, IoT and critical infrastructures, and threat hunting and incident response. Decode 2022 will be on November 28-29.
Decode is the largest cybersecurity conference in the Philippines hosted by Trend Micro, a global leader in cybersecurity. Register now for free and be a part of Decode 2022: Detect & Respond at www.decodeph.com
About Trend Micro: Trend Micro, a global cybersecurity leader, helps make the world safe for exchanging digital information. Fueled by decades of security expertise, global threat research, and continuous innovation, Trend Micro’s cybersecurity platform protects hundreds of thousands of organizations and millions of individuals across cloud environments, networks, devices, and endpoints. As a leader in cloud and enterprise cybersecurity, the platform delivers a powerful range of advanced threat defense techniques optimized for environments like Amazon Web Services (AWS), Microsoft, and Google, as well as central visibility for better, faster detection and response. With 7,000 employees across 65 countries, Trend Micro enables organizations to simplify and secure their connected world. www.TrendMicro.com.