The Malta Independent 26 June 2022, Sunday

Cybersecurity in Malta: Understanding the Risks and Solutions in 2022

Thursday, 23 June 2022, 08:00 Last update: about 3 days ago

Video conferences, online orders, and similar practices are all part of the new reality in Malta and around the world. The integration of these habits into our everyday lives has improved many aspects of society. But, they also present a new set of challenges. 

This includes a growing number of cybercriminals and data breaches targeting both companies and individual users.   

According to the NCSI, Malta has the lowest national cybersecurity index score in all of the European Union (EU). This has resulted in the proliferation of certain types of attacks.  

For instance, the Malta Information Technology Agency (MITA) has warned that spoofing cases are on the rise. MITA also issued a statement on fraudulent shopping sites before the start of 2022.  

At the same time, account theft has become a common challenge for all digital users in Malta. These hackers employ many methods. For example, pretending to be a friend that sent you a code by accident. 

Finally, the Maltese startup ecosystem is growing at a fast rate. But, startups also need to focus on solving B2B vulnerabilities. If not, these may lead to supply-chain attacks or similar breaches.  

Maltese authorities continue doing their best to inform and warn the populace. However, as an individual or a business owner, you also have to take steps to protect your accounts and other digital assets.  

Data from Deloitte suggests that criminals today use new types of malware 35% of the time. This number is up 15% when compared to pre-COVID statistics.   

The first thing you should do to avoid cyberattacks is to stay vigilant. Monitor new security updates and evaluate unexpected messages before replying in order to avoid scams.  

There are many online tools you can implement to help safeguard your assets. For instance, you should consider installing an antivirus and a VPN location changer 

Antivirus software identifies and blocks suspicious connections and apps. VPNs allow you to encrypt and change the location of your connection, preventing criminals from intercepting data.  

Multi-factor authentication is another reliable security resource that can help protect your online accounts. You should take advantage of it whenever you have the option.  

Two-factor authentication verifies something you know (your password). Then, it ensures that you have an item that only you possess (like your smartphone) before granting access. 

Malta has made significant strides in its cybersecurity infrastructure. Yet, the country and its citizens can still be targeted by cybercriminals.  

The best way to protect your assets is to be watchful, stay updated with the most recent events, and take additional precautions whenever possible. 

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