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Digital Identity, Security & Online Fraud

Threat predictions for 2017 revealed by Kaspersky Lab

Friday 18 November 2016 | 09:02 AM CET

Kaspersky Lab has announced its predictions for 2017, prepared annually by the Company’s expert Global Research and Analysis Team (GReAT) and are based on its wide-ranging insight and expertise.

Among topics approached by the company we name the impact of bespoke and disposable tools, the growing use of misdirection in terms of attacker identity, the fragility of an indiscriminately Internet-connected world, and the use of cyberattacks as a weapon of information warfare.

The compromise of payment systems: as payment systems become increasingly popular and common, the company expects to see this matched by a greater criminal interest.

The commoditization of financial attacks: Kaspersky Lab expects to see the ‘commodification’ of attacks along the lines of the 2016 SWIFT heists in 2016 – with specialized resources being offered for sale in underground forums or through as-a-service schemes.

Growing vulnerability to cyber-sabotage: as critical infrastructure and manufacturing systems remain connected to the Internet, often with little or no protection, the temptation to damage or disrupt them could prove overwhelming for cyberattackers, particularly those with advanced skills, and during times of rising geopolitical tension.

Espionage to go mobile: the company expects to see more espionage campaigns targeted primarily at mobile, benefiting from the fact that the security industry can struggle to gain full access to mobile operating systems for forensic analysis.

The breakdown of ‘trust’ in ransomware: Kaspersky Lab also anticipates the continuing rise of ransomware, but with the unlikely trust relationship between the victim and their attacker – based on the assumption that payment will result in the return of data - damaged as a lesser grade of criminal decides to enter the space. This could be the turning point in people being prepared to pay up.

Device integrity in an over-crowded Internet: as IoT-device manufacturers continue to pump out unsecured devices that cause wide-scale problems, there is a risk that vigilante hackers could take matters into their own hands and disable as many devices as possible.

More: Link
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