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Increase in incidents and risks that threaten cyber-security is expected in 2018 by ESET, according to its forecast in a published report.
The report: “Cybersecurity Trends 2018: The Cost of our Connected World”, which has been devised by ESET’s cyber security experts, presents issues that will be of concern to all of us in the new year, given the increase in frequency and complexity of incidents in the cyberspace that occurred in 2017.
The report focuses on ransomware, attacks on critical infrastructure systems, malware and the fight against criminal activity, as well as on cyber-threats aiming at election campaigns and personal data.
The report looks at the explosion of ransomware and the fact that many companies are still willing to spend large amounts of ransom rather than investing in cyber defense, warning that this particular trend, which does not ensure the viability of a business, is likely to continue in 2018.
Stephen Cobb, ESET’s Senior Security Researcher, who predicted the trend of increased attacks on critical infrastructure in 2017, predicts further threats against infrastructure systems in 2018, noting that:
“While many large companies seem to be more reliable in cyber security, and security teams are looking for both adequate investments and experienced executives to do a good job, many smaller companies that supply goods and services to larger organizations still have difficulty. This makes them an attractive goal. “
ESET’s successful collaboration with Microsoft, Europol and the FBI has led to the capture of the cybercriminals involved in the Gamarue botnet. The chapter on “Doing time for cybercrime: police and malware research join force” highlights the importance of co-operation between security firms and law enforcement agencies and its contribution to making the Internet safer for all but its criminals cyberspace.
Election security gaps were highlighted in 2017 as important election events took place around the world. Can the votes of the electorate be altered? Can voters be affected during the election period by hackers-activists trying to change public opinion? Countries should invest in preventive measures in 2018 to ensure the digital security of the democratic process.
The GDPR regulation will come into power from May 2018, replacing the previous Data Protection Directive. This is a sign of increasing interest in legislation on data protection.
In the report, ESET security expert Tony Anscombe focuses on raising users’ awareness of data collection, the risks faced by data collected through IoT, and significant fines for businesses that do not protect personal data.
By 2017, technological innovations and their use offered remarkable potential in the digital world, but on the other hand they contributed to the exposure of users to new forms of threats. It was also found that cyber criminals are focusing on their attacks on sensitive and private information. 2018 is the year when users have to raise their awareness of cyber threats and manage their presence more responsibly in the digital world.
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