Over the past few years the severity and the risk of cyber attacks have clearly grown. Human beings have observed the most terrific cases of cyber crimes related to flaws in microchips, massive data breaches, cryptojacking and many others, since the year 2018.
Nowadays we can say the wide use of digital media and the advancement of technology is making attackers smarter by the day. In future these criminals of the cyber world will take advantage of firms, businesses and individuals who pay less attention to cyber security. These cyber criminals target everything from a newly updated written content or blog to an official and established online store to gain access to sensitive information.
Daily we read news related to cybersecurity threats like phishing, ransomware, or IoT-based attacks. Although, a whole new level of cybersecurity threats that businesses need to be aware of. Threat Horizon’s report reveals that in the coming years, organizations will face cyber threats under three key themes –
We read news every day related to cybersecurity threats like phishing, ransomware, or IoT-based attacks. Nevertheless, in 2020 with all new levels of cyber security threats that businesses and all need to be aware of. Threat Horizon’s report reveals that in the coming years, corporations will face cyber threats under three key themes as mentioned below-
⦁ Disruption: The breakable connectivity dependency will increase the risk of premeditated internet outages that compromise business operations. To hijack the Internet of Things cybercriminals will use ransomware.
⦁ Distortion: Outspread of disinformation by automated sources and bots will originate compromise of trust in the integrity of information.
⦁ Deterioration: The quick advances in smart technologies and conflicting demands created by evolving national security will negatively impact an enterprise’s ability to control information.
Rather than managing the threats later, cyber security is all about staying ahead of threats. The threats that organizations will face for further years, in advance read, to know and prepare for the top cybersecurity threats.
1. Cloud Vulnerability
Cloud vulnerability is and will continue to be one of the biggest cyber security challenges faced by organizations revealed by the Oracle and KPMG Cloud Threat Report 2019. Due to this organization and enterprises are leveraging cloud applications and storing sensitive data related to their business operations and employees to the cloud.
In the end, Google and Amazon like cloud companies storing other companies’ data are steadily investing in improving their cloud security. Even, that doesn’t make them licensed and safe to deep cyber intrusions like the Operation Cloud Hopper.
2. AI-Enhanced Cyberthreats
Every industry has been disrupted by AI and machine learning. Outstanding in its capacity to make an important impact on supply chain management, security, marketing services, manufacturing and other fields, AI is finding its way into the business mainstream.
Although, AI is proving to be a bonus for cyber criminals too. Just think that, the AI potentiality used to recognize and stop cyber attacks can also be used by hackers to launch sophisticated cyber attacks in the form of complex and adaptive malicious software.
3. AI Fuzzing
AI integrated by AI fuzzing with old fuzzing techniques to make a tool that search system vulnerabilities. It can be a blessing or a bane. However, AI fuzzing can assist organizations or enterprise search and fix the exploitable vulnerabilities in their system, cyber criminals can use this to automate, start, and accelerate zero-day attacks.
4. Machine Learning Poisoning
The system becomes vulnerable to attack, if a hacker targets a machine learning model and injects instructions into it. The typical data used by machine learning models that is taken or crowdsourced from social media. The cyber criminals also utilize user-generated information such as purchasing histories, satisfaction ratings, or web traffic. They appealing in MI poisoning could potentially use introductory backdoor’s or malicious samples or Trojans to poison training sets and compromise the system.
5. Smart Contract Hacking
By the smart contracts are in their early stages of development, businesses are using them to perform some form of digital asset exchange or the other. In actuality, it’s smart contracts that make Ethereum famous.