Top Cyber Threats Facing Industry in 2021

Created by Peter Bassill, Modified on Thu, 20 Mar at 6:16 PM by Peter Bassill

In 2021, the cybersecurity landscape witnessed a surge in sophisticated attacks targeting various industries. Understanding these threats is crucial for organizations aiming to bolster their defenses. Below is an industry-specific overview of the top cyber threats observed during that year.


1. Healthcare Industry

Ransomware Attacks

The healthcare sector experienced a significant increase in ransomware incidents. Attackers exploited vulnerabilities in healthcare systems, leading to data breaches and operational disruptions.

Key Statistics:

  • 66% of healthcare organizations faced ransomware attacks in 2021, marking a 94% rise from the previous year.

    fortinet.com

Notable Incidents:

  • In May 2021, a ransomware attack on the Colonial Pipeline disrupted oil distribution, highlighting vulnerabilities in critical infrastructure.

    en.wikipedia.org

Mitigation Strategies:

  • Regularly update and patch systems.

  • Implement robust backup solutions.

  • Conduct continuous security awareness training for staff.


2. Financial Services

Supply Chain Attacks

The financial sector faced sophisticated supply chain attacks, where adversaries targeted third-party vendors to compromise financial institutions.

Key Statistics:

  • 50% of observed supply chain attacks were linked to Advanced Persistent Threats (APTs).

    upguard.com

Notable Incidents:

  • The SolarWinds attack in 2020, though discovered in 2021, affected numerous financial institutions by compromising a widely used IT management tool.

    en.wikipedia.org

Mitigation Strategies:

  • Implement stringent vendor risk management programs.

  • Regularly assess third-party security postures.

  • Enhance monitoring of supply chain activities.


3. Manufacturing Sector

Phishing and Social Engineering

Manufacturing companies were frequently targeted by phishing campaigns, leading to unauthorized access and data breaches.

Key Statistics:

  • Manufacturing was the most targeted sector by cyberattacks in 2022.

    statista.com

Notable Incidents:

  • In 2021, several manufacturing firms reported breaches resulting from spear-phishing emails that compromised employee credentials.

Mitigation Strategies:

  • Deploy advanced email filtering solutions.

  • Conduct regular phishing simulation exercises.

  • Implement multi-factor authentication (MFA) across all access points.


4. Energy Sector

Ransomware and Corporate Espionage

The energy industry faced a dual threat from ransomware attacks and corporate espionage, targeting both operational technology and proprietary information.

Key Statistics:

  • The 2021 Colonial Pipeline incident underscored the sector's vulnerability to cyber threats.

    en.wikipedia.org

Notable Incidents:

  • In May 2021, JBS, a major meat supplier, suffered a ransomware attack that temporarily halted operations.

    en.wikipedia.org

Mitigation Strategies:

  • Enhance network segmentation between IT and operational technology systems.

  • Regularly update incident response plans.

  • Invest in advanced threat detection and monitoring tools.


5. Technology Sector

Zero-Day Exploits

Technology companies were prime targets for zero-day exploits, where attackers leveraged previously unknown vulnerabilities to infiltrate systems.

Key Statistics:

  • In 2021, 80 zero-day vulnerabilities were exploited, a 2.5 times increase from 2019.

    fortinet.com

Notable Incidents:

  • Multiple tech firms reported breaches due to zero-day vulnerabilities in widely used software applications.

Mitigation Strategies:

  • Implement rigorous code review and vulnerability scanning processes.

  • Establish a robust patch management program.

  • Collaborate with threat intelligence communities to stay informed about emerging threats.


In conclusion, 2021 highlighted the evolving cyber threat landscape across various industries. Organizations must remain vigilant, continuously assess their security postures, and implement proactive measures to defend against these pervasive threats.

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