Cyber Security Trends in 2021: Espionage Activities Increasingly Threatening

In the following blog post, we will provide an overview of the major cyber security trends observed over 2020 and provide an outlook into potential developments in the coming year. Namely, we will address the ongoing COVID-19 threat, ransomware and phishing trends and especially focus on the increasing threat QuoIntelligence sees in industrial, political and military espionage for 2021.

How the COVID-19 Pandemic is Affecting the Financial Cyber Threat Landscape

The cyber-threat landscape increased significantly this year due to the COVID-19 pandemic caused by accelerated digitization and the sudden shift to remote working. As the pandemic continues, the potential of an upcoming recession persists, possibly resulting in decreased budgets available for cybersecurity, as well as increasing alert fatigue.