Of particular concern among some cybersecurity experts is the fact that the company took several months to report to the incidents, which stemmed from unauthorized access to servers from overseas offices.
Cyber experts expect more sophisticated attacks to come – with ransomware and phishing continuing at a steady, but more advanced clip, and emerging threats tied to deepfakes and 5G beginning to show impact.
The Financial Crime Enforcement Network detailed for banks or other financial services organizations potential issues, asking the sector to be particularly attuned to ransomware attacks on distribution networks and the supply chains for the manufacture of vaccines.
Research from ESET of a supply chain attack in Vietnam in which digital certificates were compromised set off continued discussions in the industry about the nature of recent supply chain attacks, and how security teams can most effectively prepare and respond.
Community and market experts found some consensus: cloud security will dominate strategies and investments even more that it did during 2020, and technologies once deemed “on the horizon” – think automation, 5G and even the much hyped artificial intelligence – will officially arrive.
If 2019 was an opportunity for privacy advocates to push for preparation ahead of looming data protection deadlines, then 2020 was the year organizations were expected to prove themselves ready. In this second article in our Year in Review series, we consider how legal complications leave all businesses, big and small, with a heavier privacy burden than ever.