4 Reasons Cybersecurity Attack Surfaces Are Expanding

4 Reasons Cybersecurity Attack Surfaces Are Expanding

The COVID-19 pandemic impacted individuals and businesses all over the world in one way or another. Almost overnight, it disrupted the way people went about their daily routines and how companies operated. Amidst all the chaos, changes to the cyber landscape increased at an unprecedented pace. Some of the trends that powered these changes and continue to fuel them are:

  • Increased Use of Internet of Things (IoT)
    About 56 federal agencies in the U.S. reported using Internet of Things (IoT) technologies.1
    In 2021, experts expect the number of connected devices to reach 10.07 billion.2
  • Rapid Adoption of the Cloud
    Global public cloud end-user expenditure is expected to grow by over 18% in 2021.3
  • Digital Transformation
    IT spending is expected to hit $3.9 trillion in 2021.3
    Spending on digital transformation technologies increased from $1 trillion in 2018 to $2.39 trillion in 2021.2
  • Work-From-Home Model
    Over 70% of all departments and teams are expected to have remote workers by 2028.4

With an expanding attack surface comes cybercrime. According to an FBI report, cyberattacks have skyrocketed by over 400% since the start of the pandemic, making it imperative to identify and deflate cyberthreats for the health and future of your business.

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Sources:
US GAO-20-577 Report
Statista
Gartner
Upwork Report
Verizon 2021 DBIR
2020 Cost of Insider Threats: Global Report
Ponemon Institute