It does not matter whether you do your business on the internet or offline, in order to survive the competition and thrive in the market; you have to embrace the recent e-commerce trends. To achieve this transition, sometimes business oversees a lot of stuff which results in patchy security, vulnerable apps, unsecured networks, etc. Since the concerns regarding cyber security and data theft attacks are growing, everybody needs to be prepared to combat cyber threats targeting them.
Destructive Attacks Will Get Worse
Destructive attacks which are financially damaging are at the top of this year’s cybersecurity trends which businesses are watching out for. It is expected that such attacks will continue. One of the big reasons that these attacks are still going on is the lack of consequences. If a crime takes place in the real physical world, then most of the times people are held accountable for it. However, woefully, when people see online attacks, less level of accountability is maintained for the people behind such attacks.
Destructive attacks are also relatively easy to launch because there are a number of essential tools which everybody, in general, has access to. Attacks like these can also be very vicious and damaging. It is estimated that the NotPetya wiper costs companies $1.2 billion globally.
Having a robust backup system which is regularly tested, creating prevention capabilities, along with simplifying the IT setup of the organization can help in lessening the risks of destructive attacks. Moreover, putting in an efficient patch management system can also assist in curbing such attacks. Several users complain about patch management being a hassle. Security requires efficient patch management; however, IT does not always wish to implement patch management. Yet, if the organizations can, from the very beginning set mutual goals regarding patch management, then this conflict can be resolved, and these attacks can be avoided.
Commoditization of cyber attacks
The commoditization of new and highly advanced tools and publically disclosing cyber attack techniques have resulted in blurred lines between the capabilities of high-level nation-state cyber attackers and lower-level hackers. The devices, procedures, and methods which were available to only high-level nation-state attackers are now accessible by all attackers. Therefore, organizations should not ignore lower-level cyber threats.
Increase in Fileless attacks
Fileless Malware attacks are on a surge this year. They are getting more and more common day by day because they are incredibly easy to execute. The attacker does not even have to trick or deceive the victim into installing malware on their device. Fileless malware takes control of the genuine PowerShell in order to conduct a nefarious activity. If you do not use PowerShell and WMi, then it is good to disable them. Moreover, disable macros if you aren’t using them either. Keep an eye on your security logs and look out for vast amounts of outgoing data.
Artificial Intelligence Powered Attacks
Artificial Intelligence employs the use of Machine Learning. Hackers can use ML to launch cyber attacks. Hackers and cybercriminals are getting more and more organized and advanced every day. Creating malware is a manual process. The cybercriminals write code to create a virus, Trojan horses, rootkits, etc. Machine Learning can help in automating this process.