Cyber-attackers are always on the prowl to launch an attack from various quarters of the world. Last year, we witnessed high profile cyber-attacks such as Uber, Deloitte, Equifax, and Wanna cry ransomware attack. Despite using the latest security tools and having strategies to mitigate financial risk crimes, the number of attacks continues to rise:
At present, the battlefield of business in the digital landscape and the weapons are complex strings of binary. That said, this year we will see ample battles playing out and continuing to surface.
Will 2018 be a better year? We’ve accumulated some of the current trends and practices.
Artificial Intelligence or Machine Learning software has the capacity to learn from the past events to help anticipate and recognize cybersecurity threats. According to a report by Webroot, A.I is used by 87 percent of cybersecurity professionals. Nevertheless, A.I may be a double-edged sword because 91 % of security professionals are of the opinion that hackers will use AI to launch erudite cyber-attacks.
For instance, AI can be used to automate the collection of specific information in regards to a specific organization, which may be sourced from code, forums, social media platforms and more. In addition, AI may be used to aid hackers while cracking passwords based on demographics.
2. More Sandbox-Evading Malware
Of late, sandboxing technology has gained recognition for detecting and preventing malware infections. However, cyber thieves are searching for ways to evade this technology. For instance, new strains of malware know when they are inside a sandbox, and wait till they are outside before using the malicious code.
3.Increasing Automated Attacks
Launching ransomware or DDOS attacks have become a common occurrence. These attacks can be launched by anyone at a marginal cost. Subsequently, we will see an increase in widespread automated non-targeted attacks.
In 2018, application attacks, perimeter-less network risks, and mobile workforces will lead to more security breaches. Just like 2017, several organizations will experience cloud storage incident, such as leaving the data exposed to the internet. The explosion of web-based services and the fact that workers are mobile will lead to an increase in application-based security incidents. Enterprise security training associated with the cloud services needs to be a prime focus.
Today, all of us are surrounded by the Internet of things (IoT) devices everywhere, right from our home security systems to our refrigerators. We are living in a world that depends on the internet to function, which means cyber security services is important.
That said, there is an absence of security in the development of these products. Businesses will become selective with the type of security practice in the development of these products. As result enterprises will become careful while choosing suitable IoT devices in their organization.