7 Cybersecurity trends that you can’t afford to ignore

RapidVPN/ February 21, 2019/ Blog/

Last year was full of cybersecurity disasters, and what is the most certain thing is that as cyberspace houses a treasure-trove of all kinds of sensitive information – political and commercial information being the center of it – we are going to see more cyber attacks and disasters in 2019.

As a number of cyber attacks that were issued by nations occurred in recent years –Stuxnet (by Israel and the US); DDoS attacks against Estonia, electoral meddling in the US (supposedly by Russia); and WannaCry attack (by North Korea), including China which has been accused of intellectual property theft attacks – it is not surprising that nation’s cybersecurity is the top priority of the governments. Having this in mind, we can ponder that there will be dozens of various schemes in 2019, some based on already familiar themes, others including new ones. However, the prediction that stand out as the most probable one is on-going and the most malicious cyberwarfare between the most powerful players in the world – Russia, China, and the US, which will continue to threaten to destabilize the world order, mainly using the Russian method of engaging in cyber influence via proxies.

General Data Protection Regulation presents the best way for many organizations to protect themselves and simplify rules regarding the processing of information about customers, clients, and prospects – as therefore it will above all make businesses easier. It is mentioned that in 2019, a lot of standards will be scrutinized and issues like privacy will be on the top of agendas of the authorities. Starting in May last year it brought extremely important changes and triggered the companies to implement at least some of the GDPR-requirements or some kind of  “data protection system”. But there exist great risks for those protected by GDPR as well – considering high prices of taxes – organizations may have motives to pay extortions that are less expensive than GDPR regulatory fines. Also, hacktivists could steal information not to extort – all in hope that the organization will be fined or submitting hundreds of requests which can then grind the organization to a halt.

Multi-factor Authentication
Among many other cyber trends that are to happen – multi-factor authentication will for sure continue to expand enormously. It adds a second layer of protection to the account in addition to people’s name and password. It prevents the huge number of cyber crimes that previously happened due to two-factor authentication and will generally be used not only by big companies but also by banks, organizations and is most effective when it is applied across the board – on company’s cloud applications, services, resources etc.

Cryptomining Malware
Known also by the other name – cryptojacking – is hidden software that infects victims’devices with JavaScript code and harasses the processing power to cryptocurrencies. It is noted that cryptominers have infected 10 times more organizations last year. What makes things worse is that a huge amount of users are not even aware that they use cryptocurrencing devices and it does not only attacks laptops and desktops but also smartphones and it’s processors. Mozilla, for example, tries to fight against it by implementing codes to block cryptomining. However, cryptomining malware remains a serious threat to individuals and companies and in order to oppose – the best solution is to at least install a security system that can detect those threats.

IoT Security
The most certain thing that is to happen is that more and more enterprises will be connected to the Internet of Things (IoT) in 2019. IoT applications become available through cloud providers, so businesses in various fields will be able to add IoT with just a click. However, the thing that should not be forgotten is that attacks on IoT will be more serious. Attacks will most certainly aim at industrial control systems, for example, or on the power critical infrastructures. Since a huge amount of IoT devices lack even the most basic security, such as excellent passwords, everything that gets connected with IoT could be used or manipulated. The conclusion is that using robust IoT security is the top priority in order to eliminate the risks posed to any kind of infrastructure.

Larger DDoS Threats
DDoS are known as distributed denial of service attacks – which can happen at any time, send spam, steal personal information and sensitive data. Over the previous years we have seen cyberattacks that happened with great complexity and against the biggest targets and those threats are to come in 2019 also. Some of the most dangerous threats to be aware of include:

Ransomware – taking control over a computer or network of computers  and locking the users out – attackers can use immense amounts of money from their victims with ease;

Phishing attacks – very well known since the beginning of the internet, and even though they are the simplest forms which are designed to steal information such as passwords and credit card details, there’s a high expectancy that this pattern will continue;

Botnets – controlled by cyber attackers they are large-scale attacks which can affect and involve millions of unwilling users and systems. They are generally used to carry out DDoS attacks and it only takes one hostile email or download to infect someone’s machine.

Computer Viruses and Worms – last but not least – they have gradually become more problematic and destructive and they also aim to steal personal information for identity theft, for example.

Cybercriminal group of digital credit card-skimming gangs has gained on notoriety throughout the previous years. It evolves fast and the threats that it imposes are more significant. Magecart attackers or groups are usually based on supply chain attacks on websites and they usually keep a low profile in order to stay undetected and steal payment information. Last year we have seen attacks on British Airways, TicketMaster and Newegg.  The end of those attacks is nowhere to be seen, actually, the situation will only get worse, even though the security researchers have been doing their best to make evidence of the most prominent hackers and to eliminate them.