Digital security
Ransomware
Ransomware -- a type of malware that restricts the infected computer system to be accessed. Hackers usually are enabled through cloud-based storage solutions i.e. Google, Dropbox, Drive, and OneDrive and they attempt to exploit logged-on users stored credentials. through avoiding remember password in the internet and always logging out when finished using the internet.
The Internet of Things
The Internet of Things
– the connection of physical devices such as home appliances and cars
to the internet -- will still be the "Internet of Vulnerabilities,"
according to cyber experts.
Jamison Nesbitt, founder of Cyber Senate, a community of global cybersecurity business leaders, echoed experts' beliefs who said that the IoT is "the main cybersecurity risk for 2015." "The IoT presents unique security challenges in terms of the number of connected devices present."
"The IoT will be integrated into every market you can think of – from healthcare to the energy industry and transport network but it hasn't been designed with security in mind. There are millions of hackers out there that could compromise these interconnected systems. We have sacrificed security for efficiency"
Jamison Nesbitt, founder of Cyber Senate, a community of global cybersecurity business leaders, echoed experts' beliefs who said that the IoT is "the main cybersecurity risk for 2015." "The IoT presents unique security challenges in terms of the number of connected devices present."
"The IoT will be integrated into every market you can think of – from healthcare to the energy industry and transport network but it hasn't been designed with security in mind. There are millions of hackers out there that could compromise these interconnected systems. We have sacrificed security for efficiency"
Cyber-espionage
Cyber espionage
is becoming the weapon of choice for many national governments – no
matter how tight-lipped they may be about any involvement in such
activities to undermine their enemies.
As Nesbitt said, "the next world war will be fought on a keyboard," and we should expect cyber espionage attacks to increase in frequency in 2015, McAfee's "2015 Threat Predictions" report warned.
"Long-term players will become stealthier information gatherers, while newcomers will look for ways to steal money and disrupt their adversaries," McAfee Labs report states, predicting that more small nation states and terror groups will use cyber warfare.
As Nesbitt said, "the next world war will be fought on a keyboard," and we should expect cyber espionage attacks to increase in frequency in 2015, McAfee's "2015 Threat Predictions" report warned.
"Long-term players will become stealthier information gatherers, while newcomers will look for ways to steal money and disrupt their adversaries," McAfee Labs report states, predicting that more small nation states and terror groups will use cyber warfare.
Cyber theft increases
The stealing of financial information is nothing
new, with stolen credit or debit card data on the black market a
well-established and lucrative business for cyber criminals.
But as new ways of paying for goods, such as contactless and mobile payments, become the norm for European consumers, there's a new opportunity for hackers – particularly if retailers don't store payment data securely, Symantec told CNBC.
"Although this would require cyber criminals to target individual cards and wouldn't result in large scale breaches or theft like we have seen in the U.S.,the payment technology used won't protect against retailers who aren't storing payment card data securely, and they will still need to be vigilant in protecting stored data," Candid Wüest, threat researcher at Symantec Security Response, said.
But as new ways of paying for goods, such as contactless and mobile payments, become the norm for European consumers, there's a new opportunity for hackers – particularly if retailers don't store payment data securely, Symantec told CNBC.
"Although this would require cyber criminals to target individual cards and wouldn't result in large scale breaches or theft like we have seen in the U.S.,the payment technology used won't protect against retailers who aren't storing payment card data securely, and they will still need to be vigilant in protecting stored data," Candid Wüest, threat researcher at Symantec Security Response, said.
Insecure Passwords
Easy-to-crack passwords will continue to be a big
risk in 2015, analysts said. "Weaknesses of passwords are known, but
still lead to many of the high-profile attacks such as the recent iCloud attack," Symantec's Sian John said.
"2015 is likely to be the first year when the password starts to be phased out in favour of a number of different multi-factor options. Next year may well be the
first year of
multi-factor by default," Digital Shadows, a cyber threat intelligence
company, told CNBC.
"The mechanisms for password recovery are flawed," John added. "The traditional method of password recovery is asking questions that only you, the real owner, should know. Unfortunately, answers to these questions often can be deduced based on information that can easily be found online -- especially given people's proclivity for "over-sharing" on social media sites."
[Online]. Available at: www.cnbc.com/2014/12/19/top-5-cyber-security-risks-for-2015.htm
[Accessed 30 May 2016]
"2015 is likely to be the first year when the password starts to be phased out in favour of a number of different multi-factor options. Next year may well be the
"The mechanisms for password recovery are flawed," John added. "The traditional method of password recovery is asking questions that only you, the real owner, should know. Unfortunately, answers to these questions often can be deduced based on information that can easily be found online -- especially given people's proclivity for "over-sharing" on social media sites."
[Online]. Available at: www.cnbc.com/2014/12/19/top-5-cyber-security-risks-for-2015.htm
[Accessed 30 May 2016]
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