Cybersecurity Predictions for 2017

Alex Patel | 11.01.17 | 0 Comments

2016 was a huge year when it comes to cyber security, and the industry is growing faster than ever. It’s now predicted the industry will grow to be worth $1 trillion between 2017 and 2020, which is hardly surprising given that high-profile breaches continue to hit the news on a regular basis.

With the changing environment, the experts argue we need to change the way we approach computer protection and shift from defensive models to more offensive ways in detecting and responding to threats to cyber security in the coming year.

Recent breaches have targeted high-value data, and the attacks don’t seem to be slowing down anytime soon, with phishing, credit card and social security fraud, email hacking and even cloud breaches increasing over time.

What should we expect in cybersecurity in 2017?

Cyber security is a constant battle against an increasing threat and end-users will need to prepare, just as much as companies and entire industries. The fact that President Obama calls for a 35% increase in cybersecurity spending in 2017 is just one of many recent warning signs we have seen.

1. Increased Mobile Security in 2017

Mobile devices have been an important entry point for hackers over the years and the numbers of attacks continue to grow. They are now more sophisticated and harder to define but there is a growing concern around mobile security and we have witnessed attacks coming thick and fast. Both individual users and companies will have greater problems than simply accessing public Wi-Fi points, although many believe they can manage and protect their privacy.

Accessing confidential information and sensitive data on mobile phones has become a completely normal occurrence but the risks are all the greater. With growing numbers of mobile phone attacks over the last year, mobile security has become one of the main concerns.

Top antivirus software, as well as firewall protection, has become a must, with advanced user education and training an absolute necessity – especially in enterprise. Most systems are just as secure as we make them, and besides installing top antivirus 2017 software we need to develop viable habits when it comes to user experience, password management and general risk awareness.

2. Dangers of Internet of Things (IoT)

We have turned a lot of focus to smart devices and Internet of Things both at home and in industrial environments. With the fast growth of this sector (and the hype around the topic) we seem to have forgotten or chosen to neglect the ‘smart’ aspect to the connected devices, opening different vulnerabilities in simple appliances and large-scale components in IoT.

With the simplicity, amplified vulnerabilities and dangers, there are predictions we will see an increased number of Internet of Things attacks. There is an obvious need for standardization of Internet of Things systems and security measures.  With many legacy systems merging IT and operational technology still in use, end-users will need to employ patches and update systems accordingly. Even more worrying is the potential for attacks on infrastructure systems such as power grids, and these outdated systems need solid security systems to provide large-scale protection.

3. Advanced Phishing Scams

Phishing has been one of our worst nightmares over the years but most scams have now become transparent. Most sophisticated or advanced users are not in immediate danger, but we could be in for an even worse wave of such threats with cloned password text boxes and no pop-up windows to alert users that they could be in trouble.

We could thus be in for a horror 2017, but several top antivirus software providers are already working on the issue and Google is said to be developing a feature which would alert you on password uses and help protect from the named phishing attempts.  Top computer protection systems will also provide better password management, where experts argue we could go for securely stored passwords which would stay unknown for the users and be regularly rotated with notifications on every use. All the effort in software and end-user security training has to be intended to create insurmountable obstacles for hackers.

4. More Frequent Ransomware Attacks

Ransomware has also seen an unprecedented rise with an average of more than 4,000 attacks per day in 2016. It’s been predicted that ransomware would become as widespread as DDoS attacks within the next couple of years and, with its success rate and imperfect prevention tactics, we will definitely see further developments. While we have already seen security improvements with individual user products, enterprises will have to act on the issue as soon as possible as well.

Many organizations still rely on low-overhead prevention techniques, but this will not be enough as experts say we might see worsening situation and cyber security teams will need to have improved solutions for enterprise protection in 2017.  End-user education plays a key role for companies of all sizes here too, as enterprises need to devote time and resources to raising awareness of potential ransomware infections.

5. Cloud Protection

The cloud has become one of the main storage solutions for enterprises and individual users alike. The need for new types of protection surely goes well into cloud too, as the technology opens a backdoor and access to many different systems.

Data encryption could be efficient but a cloud provider hacker take down would mean a lot of headaches to all their customers and related businesses.  This is then closely connected to large-scale ransomware attacks which will almost definitely affect the cloud industry as well in 2017. With major cloud providers, this could prove very costly with the inability to investigate or collect strong evidence over short periods of time, but preemptive measures and active cyber security are vital parts of such an industry.

Many industry giants have already adopted cloud technology and it has become an integral part of doing business. This means that classic antivirus has long stopped providing all-around protection for enterprises and they now develop cybersecurity plans for top computer protection and need to keep one step ahead of the rising threats, actively engaging to detect and prevent cyber-crimes.

Alex Patel

Alex has paved a successful path as a software developer, with eight years of experience in the field. He is a master in his field, specializing in developing software components and improving malware detection. Alex has acquired vast knowledge in the area of cyber security, and is always looking for ways to share his knowledge.

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