5 Major Cyber Security Threats in 2016-2017

Here is a list of some of the major cyber security threats that we are facing right now. Given that some of these threats are still new, we shall continue to face their full impact shortly. Besides, some of these threats are simply new forms of old threats.

Cyber Security Threats
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5 Cyber Security Threats in 2016-2017

However, since they now exist in new forms, we need to use new tools and techniques to deal with them successfully. Let get start to the list of top 5 cyber security threats in 2016-2017:

1. Cloud-based attacks

We are currently witnessing a surge in the number of cloud-based attacks. Also, cyber criminals are always accessing new tools which they use to launch sophisticated cloud-based attacks. Sadly, an increase in the number of cloud-based attacks is likely to remain with us for the foreseeable future.

  • One of the reasons as to why cybercriminals are increasingly targeting cloud computing is simple: many people are using the cloud nowadays. As many individuals and companies choose to store their data with cloud storage services, criminals expect to get easy targets among users of the cloud.
  • Second, we are experiencing a large number of apps which run on the cloud. Such apps rely on cloud storage services for their efficient operation. For example, many antivirus programs nowadays rely on cloud storage services to maintain their database of malware.

To criminals, the fact that many people and devices are using the cloud means that they can access troves of data when they successfully hack into some devices or cloud storage services.

2. Hackers will increasingly employ counter-surveillance techniques

Think of it this way: good spies usually make it difficult for authorities to detect their activities. In a similar manner, cyber criminals are increasingly adopting sophisticated methods to make it difficult for authorities to detect their activities. The idea behind this approach is that if authorities can neither detect nor deter cyber crime, then the criminals can have things easy.

Hackers use two methods to evade detection and deterrence: ghostware and blastware.

  • Ghostware is a particular type of code that covers up hacking activities. When criminals use complicated software to attempt to crack your system and steal data, they may use ghostware to cover things up. Therefore, your systems may never detect any unusual activity. Ghostware, therefore, helps criminals to avoid detection and gives them the opportunity they need to carry out more attacks on systems.
  • Blastware, on the other hand, helps criminals to evade detection because it cripples the entire system. When cybercriminals are using blastware to carry out an attack against your system, your system will be crippled immediately you discover a suspicious activity. This makes it impossible for you to do anything meaningful.

3. The use of two-faced malware

Two-faced malware programs are special types of malicious code that behave differently under different circumstances. For you to understand how two-faced software work, remember that companies and even individuals test software before installing it on their devices. Nowadays, criminals are developing malicious code which pretends to be completely harmless when subjected to safety test procedures. Once the software program passes the safety tests and gets installed into devices, its true nature emerges.

As scary as it may sound, two-faced malware is here with us. It is a new way that cybercriminals are using to evade detection. Attackers are also using two-faced malware to beat the very complicated surveillance and testing procedures that we use nowadays.

4. New types of worms

In the current world in which more and more devices are interconnecting with each other, we are likely to experience the emergence of new types of malware. New types of worms, viruses and Trojans will emerge as time goes by. Currently, antivirus programs are constantly developing new capabilities to fight new types of malware.

However, with an increase in the number of devices which are connected to each other, cyber criminals will continue writing new types of malicious code. The manner in which current antivirus programs will be responsive enough to detect and destroy new types of malware will define cyber security shortly.

5. The “internet of things” threats

Last but not the least in cyber security threats in 2016-2017, as we use different devices at home and at the office to connect to the internet, we risk exposing ourselves to new attacks. Currently, security experts are increasingly raising concerns about the level of safety of smart devices. Using smart fridges, smart TVs, smart watches and other smart household devices means that we may be compromising our security.

Hackers will increasingly target smart devices in the hope that when they hack into a device, they can access all the other connected devices.

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