2018 Cyber Security Predictions

The 5 Cyber Security Predictions For 2018

Looking at what happened in 2017, the Equifax breach, Ransomware WannaCry, Russian interference, phishing scams etc...

Will 2018 be better?

Here are few things that are expected to improve in the coming year.

GDPR Compliance GDPR regulators Password-only authentication deadline Country-sponsored attacks will increase Attacks through IoT devices will increase

GDPR Compliance Most of companies are likely to implement GDPR compliance before the deadline ends.

US companies subject to the European Union’s (EU) are far behind where they need to be to make the May 25 compliance deadline.

Some Companies that fail to implement will be liable to pay fines in case of any breach that happens and the user complaints. Breach the company can still suffice any document that they are in the process of compliance.

GDPR Regulators There will be two sets of the target for the regulators.

Apple, Google, Amazon, Facebook, etc and they all have a contentious relationship with the EU in antitrust and privacy issues. So in this case, if the four giants show any reluctance to comply with GDPR, the EU regulators might go after them.

Other companies may not find it hard unless something of the massive breach happens and that could have been prevented in case GDPR was implemented.

Password-Only Authentication Deadline When you see how Equifax breach happened, and customers’ were wary about the online transaction as they wanted to know how safe the online environment is.

Important because companies often cite a lack of demand for stronger authentication as a reason for not offering it. They are reluctant to do so, in part.

Most of the customers had no idea about the alternatives of the password and multi-factor authentication. One thing they were clear about was that password alone will not keep their account secure.

Country-Sponsored Attacks Will Increase Malware producing states like North Korea, Iran or Russia will up their ante since they have nothing to lose by continuing their attempts to steal, extort, or disrupt the system.

Will provide mutual defense for all countries involved and it will allow for the sharing of intelligence in the face of attributed nation-state attacks, not to mention agreements to not attack each other.

Attacks Through IoT Devices Will Increase Millions of connected devices have little or no defense against hackers, hackers to take over scores of the internet of things (IoT) devices.

The top three botnet kits — Andromeda, Gamarue, and Wauchos — are estimated to be responsible for compromising more than a million devices a month.

Thousands of connected devices will fall prey and there will be no mechanism to revert it or gain control back.

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