10 Cyber Security Predictions For 2017: Symantec

by CXOtoday News Desk    Dec 07, 2016

security

Each year, the cyber security industry faces new types of threats as cybercriminals evolve their approach toward accessing organizations’ data. As we approach 2017, the security experts at Symantec have taken a close look at the trends we can expect to see this year and in the years ahead. Given the consistently changing security landscape, it’s important to take a moment and determine where the security industry needs to focus their attention as we move into the next year, believes Tarun kaura, director - Solutions Product Management, APJ, Symantec. 

“We’ll continue to see a shift toward the modern workplace as businesses allow employees to introduce new technologies such as wearables, virtual reality and IoT connected devices onto the network while supporting a rapidly dispersed workforce made possible by cloud applications and solutions,” he said adding that enterprises will need to shift their focus from safeguarding endpoint devices toward protecting users and information across all applications and services.

Here’s a list of cyber security threats in 2017 as predicted by the Symantec cyber security team.

1. Connected cars will be taken for ransom

As cars start to have connected capabilities, it is only a matter of time until we see an automobile hack on a large scale. This could include cars being held for ransom, self-driving cars being hacked to obtain their location for hijacking, unauthorized surveillance and intelligence gathering, or other automobile-focused threats. This will also lead to a question of liability between the software vendor and automobile manufacturer, which will have long-term implications on the future of connected cars.

2. IoT devices will increasingly penetrate the enterprise

Beyond looking simply at computers and mobile devices for vulnerabilities, incident response teams will need to consider thermostats and other connected devices as jumping points into the network. Similar to how printer servers were used for attacks several years ago, nearly everything in an enterprise is now connected to the internet and will need to be protected.

3. Increased IoT DDoS attacks

The Dyn attack in October demonstrated the vast number of IoT devices that don’t have security on them and are tremendously vulnerable to attacks. As more IoT devices are installed in the mass market, the risk of security breach will increase. Once insecure devices are in the market, it becomes almost impossible to fix the issue without recalling them or issuing security updates. Given that this lack of security will continue for the foreseeable future, the number of IoT attacks will only increase as well.

4. Ransomware will attack the cloud

Given the significant shift towards cloud-based storage and services, the cloud is becoming a very lucrative target for attacks. The cloud is not protected by firewalls or more traditional security measures, so there will be a shift in where enterprises need to defend their data. Cloud attacks could result in multi-million dollar damages and loss of critical data, so the need to defend it will become even more crucial.

5. Threats from AI will only continue to grow

In 2017, artificial intelligence or AI will only continue to grow - Forrester predicts investment in Artificial Intelligence will grow 300 percent next year alone. With this growth comes new, powerful insights for businesses to tap, and an increased collaboration between humans and machines. From a security standpoint, this expansion will impact organizations in more ways than one – including endpoints and mechanisms in the cloud.

6. Machine Learning to cause widespread threats

As new forms of machine learning and AI continue to enter the market, enterprises will need to invest in solutions that have the capabilities to collect and analyze data from the countless endpoints and attack sensors across different organizations, industries and geographies. These solutions will prove to be instrumental in teaching machines how to operate on the front lines of a global battle that changes every day, minute by minute.

7. Rogue nation states will finance themselves by stealing money

There is a dangerous possibility that rogue nation states could align with organized crime for their personal gain, such as what we saw in the SWIFT attacks. This could result in down time for countries’ political, military or financial systems.

8. Fileless malware will increase. Fileless infections – those written directly onto a computer’s RAM without using files of any kind – are difficult to detect and often elude intrusion prevention and antivirus programs. This type of attack increased throughout 2016 and will continue to gain prominence in 2017, most likely through PowerShell attacks.

9. SSL abuse will lead to increased phishing sites using HTTPS

 The rise in popularity of free Secure Sockets Layer or SSL certifications paired with Google’s recent initiative to label HTTP-only sites as unsafe will weaken security standards, driving potential spear-phishing or malware programs due to malicious search engine optimization practices.

10. Drones will be used for espionage and explosive attacks

 This could be seen in 2017, but is more likely to occur further down the road. By 2025, we can expect to see “dronejacking,” which will intercept drone signals and redirect drones for the attacker’s benefit. Given this possibility, we can also expect to see anti-drone hacking technology being developed to control these devices’ GPS and other important systems.