Cyber Security Prediction for 2019
What is prediction:
Prediction is a statement for future event.It happened in often but not in always. a prediction based upon an experience or any knowledge.There is no universal agreement about the exact difference between the two terms; different authors and disciplines ascribe different connotations.
Predictions are tough, but even more so in the chaotic world of cyber security. The threat landscape is huge, offensive and defensive technologies are evolving rapidly, and nation-state attacks are increasing in terms of scope and sophistication.
We are down for a few weeks before 2018 ends, and technology trends today can give us a glimpse of what 2019 has to offer from the standpoint of cyber security and IT security defense.
This year, we asked CSO staff and contributors to tell us the biggest events or trends they anticipate for the next 12 months. Here are their top some.
1. Ransomware tapers off, but still wreaks havoc:
Ransomware will taper off as criminals shift to other ways to generate revenue. “While ransomware will still be a problem, it will be more of a focused, targeted attack,” says Steve Ragan, CSO’s senior staff writer. He cites the declining number of ransomware attacks. According to Kaspersky, the number of users who encountered ransomware in 2017 and 2018 fell by nearly 30 percent over the 2016 to 2017 time period.The randoms went down, and the targeted ones were big news,” says Ragan.
The reason for the decline is that criminals are finding cryptojacking and other schemes are more effective money-makers. The number and quality of ready-made cryptomining tools means that criminals don’t need to be technically skilled. That’s reflected in the 44.5 percent rise in number of users that have experienced a cryptomining attack in the past year, according to Kaspersky.
2.Cloud-service saturation while remaining insecure:
The saturation of the cloud storage market promotes the possibility of people choosing a wrong product, for the wrong price and for the wrong reason. Not all cloud storage services are created equal, some cuts cost at the expense of less security and privacy for the end-user. This trend is seen to continue for 2019 and beyond, and no possibility of reversal is seen.
Last year, CSO predicted that the European Union (EU) would quickly punish a few companies in violation of its General Data Protection Regulation (GDPR) to make an example of them. That didn’t happen. The threat of penalties over compromised personal information will still have a huge effect on security operations in 2019 nonetheless.
Those penalties are likely coming.“Enforcement is going to be harsh beginning in the first half of 2019. Companies engaged in surveillance capitalism, like Google and Facebook, are in for a rough few years.
In 2019, we’ll see how the EU will react to those complaints. That will provide some much-needed clarity regarding the risk that GDPR and other privacy regulations present.
Given the federal government’s current state of effectiveness, that bill is unlikely to gain much traction. In the meantime, most organizations that handle consumer data in the U.S. will look to other regulations such as the GDPR and CCPA for guidance.
Companies will … start seriously thinking about a privacy-first approach to data, especially as these laws expand to more jurisdictions, and to narrowly targeted verticals, such as banking, medical and payments.
4. Microsoft will move Advanced Threat Protection (ATP) to all its mainstream products:
Windows 10 Advanced Threat Protection (ATP) is a service that allows anyone with an E5 license to see under the hood and review what an attacker did to a system. It relies on telemetry that is enabled when the computer is linked to the ATP service.
The software giant will move to fortify its continuing efforts to build a security-focused brand image by making ATP standard with all Windows versions. “This will be a key selling point in choosing Windows products over IBM’s Red Hat in the coming year,” says CSO contributor and Windows expert Susan Bradley.
5.The growth of IoT-powered DDoS:
Internet-of-Things are simple appliances with an Internet connection. Unlike the complex gadgets we have for computing (PC, smartphones, and tablets), IoT cannot host an antimalware software, as the complexity of such software cannot be handled by the low system resources of an IoT device. As more IoT devices are released in the market, the larger the target will be for the cybercriminals and this trend is seen to continue well beyond 2019.
Current IoT devices, creating a much friendlier ecosystem with enough resources to host anti malware from the cloud. Big changes are happening weekly in this space, so continue monitoring for progress.
6. Spear phishing becomes even more targeted:
Attackers know that the more information they have about you, the better they can craft a successful phishing campaign against you. Some are using tactics that are a bit creepy.
One area where Grimes sees this happening more is mortgage wire fraud, where home buyers are tricked into wiring closing fees to a rogue party by an email arriving from a trusted mortgage agent. “The hacker breaks into the mortgage lender’s (or title agent’s) computer and takes note of all the upcoming pending deals and their closing dates,” he says. “Then the day before the mortgage agent would normally send out an email telling the client where to send the closing money, the phisher uses the mortgage agent’s computer to beat them to the punch.
Whether we like it or not, GDPR in Europe and cybersecurity legislation work. The idea of being hacked, virus infected and customer record stolen is a huge nightmare already for companies, and facing a huge hefty penalty from government regulators are added cost many cannot afford. A hacked company, with its destroyed reputation and brand, slapped with a hefty penalty in millions or not billions of dollars is not something a company officer wants to see. But for better or for worse, it is good for the consumers, it gives a lot of peace of mind in the process.
Due to lack of adequate cybersecurity defense, cybercriminals love IoT. The moment outsiders have taken-over, it is very difficult to detect, let alone disinfect. This trend will continue even beyond 2019.
Even in physical warfare, most nations have agreed upon a basic set of rules, such as no torture, no poison gasses, or no slaughtering of civilians. The rules set boundaries that could align much of the world against nations that cross them.
Rules or no rules, some nations will continue to push boundaries when it comes to cyber warfare. “Cyber attackers will continue to have a safe haven in Russia and China and North Korea,” says Korolov. “They will have more resources at their disposal than ever, either from their government backers or from the financial windfalls of this year’s ransomware and cryptojacking attacks. The situation will continue to get worse until something very major changes in global geopolitics, which won’t be until the next U.S. presidential election, at the earliest.”
Cyber security training will continue to mature, and certificates alone will no longer be enough to take the next step in a security professional’s career, Porup predicts. “The hodge-podge system of security certifications has failed to provide the right kind of education and training,” says Porup.
“Cyber security training will continue to mature, and certificates alone will no longer be enough to take the next step in a security professional’s career,” Porup continues.
This cyber “fog of war” makes it hard to see or assess every trend. Last year, for example, CSO’s predictions for 2018 did not anticipate the rapid rise of cryptomining. In hindsight, this relatively easy to execute, lower risk way for cyber criminals to monetize their efforts should have been an obvious choice.
Still, we got a few things right: more automation of threat-detection processes, significant rise in attacks using compromised IoT devices, and the decline of trust in the face of rising cyber crime, to name a few.
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