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TRENDS IN CYBERSECURITY 2018

2018 is coming to a close. So far, here are some of the most noteworthy trends in the ever changing world of Cyber Security

  1. The rise of attacks on critical infrastructure — Cases of cyberthreats affecting critical infrastructure made major headlines in 2017. One of the most significant was Industroyer, the infamous malware responsible for the 2016 attack on Ukraine’s power grid. Attacks on critical infrastructure can also affect much more than just the power grid and could include the defense and healthcare sectors, water, transportation, and both critical manufacturing and food production. Organizations are working hard on security but ever-changing conditions mean that threats are likely to continue through 2018.
  2. Supply chain issues — Large companies are waking up to the threat of cyberattacks with security teams receiving increased backing to improve measures. But SMEs continue to struggle with these new concerns, and since they may also supply goods and services to larger organizations, security gains are often negatively impacted. These types of supply chain problems affected the entertainment industry earlier in 2017; among the incidents included was the attempted extortion of Netflix over a new season of the series “Orange Is the New Black.” This should remind us that supply chain security can affect any industry, and is likely to continue in 2018.
  3. Increased cooperation between law enforcement and cybersecurity experts — Malware research has proved useful to law enforcement in the war on cybercrime. A key example is a recent collaboration between ESET, Microsoft, and law enforcement agencies, including the FBI and Interpol, working together to take down a major botnet operation known as Gamarue. Increased cooperation will lead to more arrests and fewer active cybercriminals. As authorities continue to gain experience working with private cybersecurity specialists, we can look toward further successful investigations and a potentially safer 2018.
  4. Democracy hack: Can electoral processes be protected? Recent elections have raised numerous cybersecurity questions – the most important being to what extent a cyberattack can influence the electoral process. As discussed in the report, evidence suggests we must look toward a hybrid system using both paper and electronic records if we are to mitigate fraud by cybercriminals.
  5. Our privacy in the new age of tech — Data is the new currency, with consumers expecting to enjoy software at little or no cost. This has led vendors to enter the data-collection business, increasing the risks connected with data privacy. Advancements in IoT can lead in a similar direction with every device capable of telling a story and producing a full picture of the user’s life if multiple connected devices are combined.

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