What are your predictions for Cybersecurity in 2022?

Ransomware threat actors will continue to find new and innovative ways of generating revenue for their criminal operations throughout 2022. If organizations deploy adequate governance and technical controls in 2022 alongside an effective multinational policy response, we can anticipate a gradual ransomware slowdown in the fourth quarter as those threat actors not in prison re-skill as part of a workforce transition to other profitable criminal enterprises. Those countries giving license to ransomware threat actors inside their borders have a unique opportunity to provide a path to legitimate careers for those criminals who choose to voluntarily leave the market, and while this should not necessarily relieve them of any legal actions pending, it may be a useful incentive when considering sentencing.

Watch: Supply Chain Congestion: A Golden Opportunity for Hackers

Global supply chains have been under intense strain in recent months, a situation that has been made even worse by the growth of cyber attacks, especially in the form of ransomware. The transportation sector, which has been largely deregulated, needs to adopt recommendations by industry and government organizations for implementing measures that they might have overlooked in years. The price of failing to do so can be high, with ransomware attacks threatening to shut down critical logistics operations for days or even longer.

When More is Not Necessarily Better: The Impacts of Multiple Security Tools

“Organizational collaboration is difficult when different data protection tools perform similar functions, as it may be unclear how to allow a collaborator to access or modify data. Something as simple as data classification and labeling becomes overly complex and a nuisance to end users if they need to set a label in multiple locations, particularly when the labels are not consistent across tools.”

Key Security Challenges for Smart Offices and Their Solutions

“The future of work is not what we were collectively promised in the days before the pandemic. Despite being nearly two years into the global pandemic, organizations are still in the process of redefining how their offices should be used now and in the future, which has lead to a surge in the adoption of smart, digital technologies.”

Sinclair TV Stations Targeted in Weekend Ransomware Attack

Kayne McGladrey, an advisory board member for the Technology Alliance Group NW and cybersecurity strategist for the firm Ascent Solutions, says once the incident is resolved, Sinclair “should do an internal hot-wash” to identify lessons learned – allowing them to strengthen technical defenses and update/validate their incident response plan.

New Legislation Eyes Both Ransom, Incident Reporting

Kayne McGladrey, an advisory board member for the Technology Alliance Group NW and cybersecurity strategist for the firm Ascent Solutions, tells ISMG, “These [various legislative efforts] all stem from the issue that there is no single source of truth on the volume or scope of cyberattacks, which has led to the perception that it is difficult to apply commensurate public and private policy responses.”

Remote Work and Cybersecurity: 3 Experts Describe the Tech They Wish Everyone Could Use

“As part of the great resignation of 2021, we’ve seen an increasingly fragmented view of intellectual property on the part of departing employees. Businesses can reduce the substantial risk associated with data exfiltration of trade secrets, regulated data and other sensitive data by deploying and monitoring DLP across the enterprise, including remote endpoints.” — IEEE Senior Member Kayne McGladrey

Critical Infrastructure Requires Modernization

“The monetization and weaponization of digital threats was comparably new when the critical infrastructure components that manage our modern world were being designed for reliability a decade or two ago,” said IEEE Senior Member Kayne McGladrey. McGladrey says that it’s time consuming to patch security flaws in many of these older components, some of which were designed to run uninterrupted for decades.