State-Sponsored Mobile Threats, Space-Related Hacks and More

Cyberwarfare / Nation-State Attacks
Fraud Management & Cybercrime
Information Sharing

State-Sponsored Mobile Threats, Space-Related Hacks and More

January 5, 2022    

WatchGuard’s 2022 Cybersecurity Predictions

Every year, the WatchGuard Threat Lab team likes to dust off the crystal ball and predict how cyber threats will evolve next year. Last year, we made a variety of predictions including the rise of spear phishing campaigns driven by automation, a revolt over smart device privacy, attacks swarming VPNs and RDPs, and more – many of which came true. But as we put 2021 in the rearview mirror, it’s time to make our annual cybersecurity predictions for 2022. This year, the team tried to infuse some humor into the predictions, so if you’d like to watch the “SNL Weekend Update” parody videos of these predictions, click through here. Now without further ado, let’s dive into some of the predictions.

See Also: Frost & Sullivan Executive Brief: Beyond The Cloud

Companies Increase Cyber Insurance Despite Soaring Costs

According to a report from S&P Global, cyber insurers’ loss ratio increased for the third consecutive year in 2020 by 25 points, or more than 72%. This resulted in premiums for stand-alone cyber insurance policies to increase 28.6% in 2020 to $1.62 billion USD. As a result, they have greatly increased the cybersecurity requirements for customers. Not only has the price of insurance increased, but insurers…