Everyone who stays on top of their cyber security needs to be aware of the latest trends in cyber threats that are taking place. Find out what these are in this article and take preventative measures to avoid falling prey to cyber crime and fraud.
New research on cyber threats
In recent years, cyber threats have become more sophisticated and coordinated. This has created serious security risks for organizations of all sizes. To help mitigate these risks, it is important to be aware of the latest cyber threats and understand how to protect your company from them.
Here are five key cyberthreat trends to keep in mind:
- Increased use of malware: Malware is a broad term that refers to malicious software that can infect computers and steal data or disrupt computer operations. In 2017, malware accounted for 43% of all global cybersecurity incidents, up from 25% in 2016. The most commonly used malware families include banking Trojans (such as WannaCry and Petya), ransomware (such as Locky and Files Not Found), and spyware (like Gh0st RAT).
- Increased use of phishing scams: Phishing scams are email attacks that try to get users to enter their personal information, such as login credentials or bank account information. In 2017, phishing scams caused $5 billion in losses globally—more than any other type of cyberattack! The most common phishings targets users who are likely to fall for them, such as employees who are remotely accessing their accounts from home or managers who share sensitive company information with team members via email.
- Increased use of targeted attacks: Targeted attacks are attacks against specific individuals or companies that are designed to achieve specific goals, such as stealing personal information or damaging the
News about cyber threats
According to a report published by analysts at Forrester, Inc. in February 2019, the global market for cybersecurity services will grow from $655 billion in 2019 to $845 billion by 2025.
Some of the most common cyber threats faced by businesses include:
-Banking and finance: Fraudsters are increasingly targeting businesses involved in banking and finance, such as banks, investment firms, and credit-rating agencies.
-Government: Government entities have been targeted by cybercrime groups seeking to steal confidential data or launch distributed denial of service (DDoS) attacks.
-Enterprise customers: Economic espionage is also on the rise. Attackers exploit vulnerabilities in corporate networks to pilfer sensitive information, such as trade secrets or customer data.
To combat these threats, businesses should adopt strong cyber security protocols and maintain up-to-date software patches. In addition, they should take steps to protect their systems from infiltration via OSINT (open source information intelligence). By doing so, organizations can safeguard themselves against a wide range of cyber threats.
How to keep your computer safe and secure
Keeping your computer safe and secure begins with understanding the cyber threats that are out there. Here are a few of the more common threats to be aware of:
- Social Engineering Attacks: Often times, hackers will try to get personal information or access to systems by tricking people into giving away their personal information, such as passwords or identities.
- Malware: Malicious code (malware) can infect a computer and steal important data, disable security features, or even take over the entire system.
- Phishing Scams: Cybercriminals use spoofed email invitations and fake websites to try and gain personal information from users. If you receive an unsolicited email asking for your personal information, don’t give it out! Justdeleteit.com has a great guide on how to spot phishing emails.
- DDoS Attacks: Keyboard-logging malware can turn on a computer’s webcam and microphone so that hackers can see what is being typed and recorded in real time. This type of attack is also known as a “man in the middle” attack because the hacker sits between you and the website you’re trying to visit; this allows them to hijack your traffic and flood it with requests, making it difficult for you to access the site normally
Ways to avoid online security breaches
- Always use a secure password
- Keep your computer and networks up-to-date with the latest security patches
- Use strong passwords and make sure they are not easily guessed
- Encrypt all your data using encryption software
- Regularly back up your data to an external hard drive or storage device
- Use firewalls to protect your computer from unauthorized access
- Use antivirus software to help protect against malware and viruses
- Restrict internet access for children and minors only when absolutely necessary
- Educate yourself about cyber threats and cyber security best practices so you can take steps to protect yourself
Update your information
As technology continues to evolve, so too do cyber threats. Here are five recently reported cyber threats and what you should do to stay safe:
- WannaCry: This ransomware attack affected tens of thousands of computers all over the world in May 2017, locking users out of their files until they paid hackers a ransom. The attack was particularly notable for its use of EternalBlue, an exploit leaked by the US National Security Agency that was used to spread the infection quickly.
- NotPetya: This malware attack spread through Ukraine in June 2017, infecting businesses and government organizations as well as consumers’ PCs. The malware disguised itself as a legitimate update from Microsoft Windows Update, triggering the automatic installation on infected machines. Once installed, it encrypted files on infected machines and then demanded payment in cryptocurrency to unlock them.
- WannaCrypt: This related ransomware attack exploited vulnerabilities in Microsoft Windows and Apple Mac OS X systems starting mid-March 2018. It targeted people around the world through email attachments or malicious links embedded in popups or web ads. If opened, the attachments would install a script on users’ systems that encrypted their data and displayed an alert demanding payment in Bitcoin or Ether to release it back into their control.
- NotPetya 2: Another variant of Petya that emerged after NotPetya’s initial outbreak in early summer of 2018 is responsible for disabling critical infrastructure around Europe including oil refineries and banks. Unlike