They just don’t quit, do they? Hackers and scammers are continuing to baffle security experts as they antagonize innocent folks across the internet. They’re continuously changing tactics and approaches in the hopes of evading authorities – which has the effect of unleashing new threats and obstacles that researchers and engineers are forced to overcome.
Does the offer to “Never pay for cable again” sound tantalizing?
It shouldn’t. It should sound abhorrent, not only because of piracy is illegal and unfair to content creators, but also because researchers have found that pirated streaming devices are stuffed with malware and/or open the door for it to come streaming in.
For people with responsibility for corporate security – everyone from CIOs to CISOs and CROs – AI presents two types of risk that change the nature of their jobs. The first is that criminals, bad state actors, unscrupulous competitors, and inside threats will manipulate their companies’ fledgling AI programs. The second risk is that attackers will use AI in a variety of ways to exploit vulnerabilities in their victims’ defenses. The question remains – which protects which?
A noticeable shift in the methodology for developing malware is taking place, and it can’t go unaddressed. A few years ago, attackers’ primary objective was to avoid detection – second only to making a profit. But recently, these criminals have realized a critical truth: the longer they hold an infected endpoint, the more their profit increases.
Open Source software is always trustworthy, right? Last year, Bertus broke a story about a malicious Python package called “Colourama”. When used, it secretly installs a VBscript that watches the system clipboard for a Bitcoin address and replaces that address with a hardcoded one. Essentially this plugin attempts to redirects Bitcoin payments to whoever wrote the “colourama” library.
It’s no surprise that spending on security technology continues to soar. Nevertheless, data breaches and cyber attacks make headlines at an incredible rate, with no relief in sight. The Online Trust Alliance reported that attacks in 2017 came from a myriad of vectors, such as phishing and ransomware, and that the number of attacks doubled to nearly 160,000 incidents per year over 2016. What’s worse, estimates for the number of unreported attacks exceed 350,000 annually.
Employees conducting attacks on their own employees – known as insider threats – are becoming increasingly common and costly. According to a CA report, over 50% of organizations suffered an insider threat-based attack in the previous 12 months, while 25% say they are suffering attacks more frequently than in the previous year. 90% of those organizations claimed to feel vulnerable to insider threats.
It seems that the numerous benefits of cloud computing make the disruption of digital transformation worthwhile. However, a recent torrent of automated attacks on cloud infrastructure’s vulnerabilities has precipitated a somewhat gloomy outlook.
Every year, cybercrime gets worse. And it totally makes sense, because it is a lucrative line of work, so to speak. It’s estimated to be a $1.5 trillion industry, with some countries now basing their economy around cybercrime. As a result, cybercriminals’ activities are now facilitated by new technology that makes data breach attacks easier and more accessible. Therefore, the chances of your business suffering a cyber attack are getting bigger by the minute. Here is what you can expect in 2019.