5 Cybersecurity trends for 2021

Any company that wishes to be prepared to face these threats must increase its cybersecurity budget for 2021. Cloud data protection and application monitoring will become the top priorities, but what else should you know about cybersecurity for 2021?

Unlocking tech talent stories

January 28, 2021

Cybersecurity threats are redefined in 2021. In the new era of working from home, there is a new set of opportunities for cyberattacks that companies cannot ignore: the usage of mobile devices such as smartphones and tablets, the use of home and public Wi-Fi networks, and the remote collaboration tools on the cloud.

Any company that wishes to be prepared to face these threats must increase its cybersecurity budget for 2021. Cloud data protection and application monitoring will become the top priorities, but what else should you know about cybersecurity for 2021?

One of the companies trailing the path in this sector is Cloudflare, the company on a mission to build a better internet with offices in Singapore, Beijing, the United States, Sydney, Munich, London, Paris and Lisbon.

Two men sitting in front of their laptops laughing and talking

Source: Cloudflare

So what is it exactly that makes them experts on cybersecurity?

Cloudflare is one of the largest networks in the world that powers millions of customers. The company serves 20 million HTTP requests per second on average.

Today Cloudflare secures the Internet end-to-end — from companies’ infrastructure to individuals seeking a faster, more secure, more private connection (source: Clouflare). Internet properties powered by Cloudflare have all traffic routed through its intelligent global network, which gets smarter with each new site added. As a result, they see significant improvement in performance and a decrease in spam and other attacks.

Now, it’s time to find out the 5 biggest cybersecurity trends for 2021.

1. The pandemic will accelerate the rush to the cloud

With the COVID-19 pandemic, we saw a rise in remote-work, with many companies stating they’ll maintain this line of work after the pandemic. In this context, cloud adoption spiked — and this is a trend likely to accelerate in 2021.

Budget allocations to cloud security will grow as companies continue betting on cloud-hosted processes and storage to adapt to the new remote-work reality. In 2021 we expect businesses to accelerate the workload migration to the cloud.

As the importance of the cloud rises in various businesses, cybersecurity arises at the top priority of every organization in the adaptation to a post-COVID-19 world.

2. Home networks will be the preferred target for attacks

The increase in remote working led to an increase in connected devices. In turn, this connectivity augmented the number of risks associated with centralized data, which is now accessible by a rising number of access points.

With most workers now at home, hackers will start to deviate their focus into attacking home networks. Remote workers identities and devices are the new security perimeter in need of protection. Cloudflare warns that potential attacks may arrive on virtual private networks (VPN), which enable employees to access an organization’s network remotely.

3. Business Email Compromise (BEC) will continue to be one of the most financially damaging online crimes

Most businesses would struggle to exist without the existence of the email. However, this communication tool is one of the scammers’ favourites. BEC scams exploit our reliability on email to conduct business. According to Proofpoint, one of the most widespread types of cyber attacks that companies suffer from is fraudulent emails, with most attacks coming from phishing emails that exploit human vulnerabilities. Companies must teach their employees to be vigilant for this type of attack.

4. AI & Machine Automation will keep growing

For 2021, it’s expected that AI will keep on as the pioneer in technological development. Beyond traditional industrial automation and advanced robots, new generations of more capable autonomous systems are appearing. Automation and machine learning are already generating value in various products and services, and companies across different sectors are using them to help security analysts identify and act against threats. The application of artificial intelligence to defence systems will be a trend in 2021.

5. The security industry will grow

With the growth of remote-working and its already referred dangers, it comes only natural that the security industry will grow exponentially. According to Forbes, enterprises are predicted to spend 12.6 billion dollars on cloud security tools by 2023, more than the 5.6 billion dollars spent in 2018. According to Statista, the global cybersecurity market is predicted to grow from 167.1 billion dollars in 2019 to 248.26 billion dollars by 2023.

If you are interested in working in cybersecurity, you can join Cloudflare’s hub in Lisbon. In the current COVID era, it’s becoming apparent that there’s an urgent need to make the internet safer and faster, as it’s becoming more populated and, thus, more prominent to cyber attacks. That’s why Cloudflare’s ambitious move to Lisbon is providing a great opportunity to expand their team in areas like Engineering, Security, Business Intelligence and Finance, and continue rallying for a better internet.

Celso Martinho, Engineering Director at Cloudflare, describes it as “(not) just any company. We’re unparalleled because we masterfully combine scale, ambition, talent, product, vision, values, and culture in a way that’s very difficult to replicate and maintain at any other company.” Check his post that will tell you all about working for Cloudflare.

Cloudflare is looking to reinforce its team with skilled workers for Engineering, Product, Systems, and Data. There are 25 open positions. See all the available opportunities to join this team on the Landing.Jobs platform.

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