Business security trends and cybersecurity risks in 2021

cybersecurity

The way people work has changed significantly in recent months, due mostly to the challenges of navigating the workplace during a global pandemic. The rise in remote and hybrid work, and the explosion in new mobile technology, has led many companies to adopt new platforms to streamline work and protect assets in the new normal. However, are these new technologies and trends safe?

IoT-connected platforms and devices

For some companies that are adopting a hybrid work structure, choosing the right commercial security technology for their current building means adopting more interoperable technology to allow remote operation. With so many users working from home, and many coming into the office at different hours, it’s often harder to maintain on-site corporate security. New tools that allow for remote management and integrate multiple systems, such as access control, visitor management, and video surveillance, can help businesses keep an eye on security with less effort. While the evolution of IoT has many benefits, there are also security risks. With an increasing number of connected devices shared on the building network, there is greater potential for somebody to get access that shouldn’t, so cybersecurity best practices and additional network security are essential.

5G connectivity

IoT travels in parallel with another technology, even though many companies have been slow to adopt it: 5G. Despite having been in the news for some years now, 5G networks are often overlooked, but starting to pick up speed in corporate environments. Investing in 5G for business networks can make remote collaboration easier, and help power faster, more efficient systems that are connected to the internet, such as video security cameras or wireless door locks. However, 5G networks are still vulnerable to hackers, so companies who want to take advantage of 5G’s speed also need to ensure their cybersecurity processes are tested and functional at all times.

Touchless technology

A very popular trend now is touchless technology. While it was a cool nice-to-have before COVID-19, the health concerns of the pandemic heightened awareness around physical contact, especially in the workplace. In retail settings, contactless payment methods are now commonplace to reduce contact points. In businesses, technology such as QR codes and mobile phone based access control have increased. Mobile access control is actually a more secure entry method than traditional key cards. However, we expect to see cybercriminals continue to focus on ways to intercept financial transactions or gain access to abusiness’ssecurity system for identity theft or other personal information by hacking the touchless technology. To combat this, businesses should conduct regular system auditing, and establish additional physical security monitoring for sensitive areas.

Cloud-based software

Another security trend that will continue to be exploited by hackers will be the cloud. The migration of processes to the cloud, which has skyrocketed in the past year, largely due to the increased flexibility and adaptability of cloud-based solutions. When it comes to navigating growth or scaling back due to changing business needs, solutions in the cloud are much easier to manage than traditional on-premise systems. In addition, cloud-based software is often faster to update, which can make it more secure in the event a vulnerability is discovered.  That being said, the cloud still is vulnerable to security threats. Without the proper testing and protective measures in place, hackers can still gain access to data and controls housed in the cloud. Multi-factor authentication, strong encryption, and limiting account permissions can help prevent a breach.

While it’s impossible to prevent all security risks, the right business security systems and technology can help businesses take a more proactive approach to security. It’s tempting to jump on all the latest business security trends, but it’s important that the right processes and best practices are followed with the adoption of new solutions to ensure maximum protection.