After a turbulent 2017 with Cyber Security making regular headlines, looking ahead to the coming year, there will no doubt be further discussions about the threat landscape.
Ransomware Revolution – Ransomware of Things
Technological advances and their accelerated use have led to a number of scenarios considered unlikely just few years prior, are now within the realm of possibility. The advice going into 2018 from ESET researchers is to back up everything that matters to you, often, by keeping at least some backups offline – to media that aren’t routinely exposed to corruption by ransomware and other malware – in a physically secure location. As the Internet of Unnecessarily Networked Things becomes less avoidable, the attack surface increases, with networked devices and sensors embedded into unexpected items and contexts: from routers to fridges to smart meters, from TVs to toys, from power stations to petrol stations and pacemakers. As everything gets ‘smarter’, the number of services that might be disrupted by malware becomes greater.
Criminals following the money
With data being the most valuable asset, ransomware is set to remain in great demand among cybercriminals. It is important to note that many ransomware attacks are not sophisticated enough or never intended to recover the victim’s data once the ransom has been paid. For these reasons we suggest not only backing up of data online and offline but also implementing proper security measures such as proactively training staff on what phishing emails entail and how to avoid clicking on them and entering any credentials.
Critical infrastructure attacks on the rise
Cyber attacks on the Ukrainian power companies resulted in electricity service being turned off in hundreds of thousands of homes. The implications of this for future attacks of this kind include more than just the power grid but also includes critical manufacturing and food production, water and transport and the defence and healthcare sectors.
Safer for all
This year has seen ESET’s malware analysts continue to help law enforcement crack down on malicious campaigns and, by extension, the criminals spewing them. We are confident that 2018 will bring further successful investigations as we will continue to lend a hand to authorities so that, ultimately, the internet can become a safer place for everyone – except cybercriminals.
Download the full Security Trends 2018 report here