Another List Of Top Security Predictions For 2016

Here are some best guesses about the evolution of security threats in 2016 from CSO.

IoT for ransom
The Internet of Things will become an ever more fertile attack surface for governments, mercenaries, hacktivists and even terrorists. Many IoT devices lack significant memory space or OS capability, so treating them like endpoint agents will fail.

Ransomware will gain ground on banking Trojans and extend into smart devices like coffee makers, refrigerators, baby monitors, cars, wearables and medical devices, often owned by wealthier and therefore more lucrative targets. Most wearables, which collect personal information, lack even basic security features.

This will increase the threat of a massive collision among connected cars; stolen personal information about users’ home electrical and water usage; and attackers locking medical devices until a ransom is paid.

Your card is safer. You aren’t
Card-Not-Present (CNP) fraud will grow from $10 billion in 2014 to more than $19 billion in 2018. The increasing adoption of EMV cards and digital wallet solutions, such as Apple Pay and Google Wallet, will reduce point-of-sale system fraud and counterfeit credit cards. Unfortunately, that will push more fraudsters online to monetize fake and stolen credit cards.

Extortapalooza
DOXing – public shaming and extortion attacks – which rose in 2015, will spike exponentially in 2016, as everyone from hacktivists to nation states embraces the strategic dumping of private pictures, information, customer lists, and code to shame their targets. It will go well beyond Charlie Sheen having to admit his HIV status – cyber criminals know they can use the data for extortion, which will lead to some websites to be breached for the sole purpose of mass personalized extortion schemes.
 
At your criminal service
The profitability of cyber-attacks means sophisticated criminal gangs with modern organizational models and tools will replace common cyber criminals as the primary threat. That, in turn, will draw mercenaries to meet the demand for new malware and even entire operations. The latter gives rise to Access-as-a-Service, offering up access to already hacked targets to the highest bidder.

Ghosts of Internet Past
The structure of the Internet is aging – forgotten and deferred maintenance will become a major, increasingly expensive problem for defenders. Among them: Alexa 1000 certificates not up to date; old and broken JavaScript versions that invite compromise; rapid OS updates and new trends in software end-of-life processes that cause havoc and new applications built on recycled code with old vulnerabilities (think Heartbleed and POODLE).

Malicious e-commerce goes social
Many traditional social networking sites such as Pinterest, Facebook and Twitter have announced plans to add “buy” buttons to their platforms in an effort to increase stickiness with their users and help monetize their user base. This will attract criminals looking to conduct fraudulent transactions on these platforms.

Passwords pass away
"No password" authentication methods will no longer be a pipe dream. Organizations will begin offering authentication methods that are a quicker and more seamless experience for users than passwords. They will include biometric, geolocation, Bluetooth proximity and pictographs.

The power of prediction
Prediction will emerge as the new Holy Grail of security. Prevention is passé, and even detection technologies will be supplanted by prediction, with machine learning becoming a key tool to help organizations anticipate where hackers will strike.

Cloud Wars
As more organizations store their most valuable data in the cloud (customer and employee data, intellectual property etc.), the bad guys will find a way to gain access to this data, using computation infrastructure, which allows them to hide easily behind legitimate network sources and thus remain anonymous.

Hackers will use credentials to cloud services as a major attack vector. Social engineering tactics will focus on mimicking cloud login screens to gain credentials.

Crime piggybacks politics
The US elections will drive significant themed attacks. Attackers will use the attention given to political campaigns, platforms and candidates, as an opportunity to tailor social engineering lures. Others will focus on hacktivism, targeting candidates and social media platforms.

Getting physical
2016 will witness the world’s first openly declared cyberwar, where the primary goals of the attackers – hacktivists, nation states or terrorists – are not financial but to cause physical damage in support of terrorist or geopolitical agendas. That will put infrastructure, priceless artifacts and more at risk. Transnational terrorist groups such as ISIS will attempt to attack a SCADA system or critical infrastructure with the goal of inflicting either economic damage or mass casualties.

Smaller won’t be safer
Hackers will no longer target just large organizations, as they can get equally valuable information in other places through analytics on the data they are collecting and combine data to make it more valuable. That means smaller organizations are more likely targets.

Cybercrime goes even more global
Smaller, developing countries that weren’t big on cybercrime want in. It doesn’t take a big military to cause big damage. Some – like Nigeria – are already entering the fray with more sophisticated attacks. Conflicts throughout the world will bring with them hardware-connected attacks.

Divide and conquer the juncture
The appearance of a balkanized Internet, divided by countries, which would make any region vulnerable to attacks on the service junctures that provide access across different boundaries. Such a landscape could lead to a black market for connectivity.

Get thee an MSSP
The failure of organizations and countries to build up cyber talent will become a huge problem. Demand for information security professionals is expected to grow by 53 percent through 2018. Because of this, security jobs will be filled by MSSPs, and the cost will not decrease.

CSO Online: http://bit.ly/1ZbYLeS