With cyber crooks being constantly for the lookout for weak security points, we bring you the latest cyber security threats and trends for 2019…
A lot of things on cyber security have happened in last year and we have some of the biggest data breaches in history with incidents of Facebook and Marriott. In an effort to be prepared for the future in this new year we have the following list of cyber security trends in 2019.
Top Cyber Security Threats & Trends
Identity solutions will move to the cloud
Historically organizations have preferred to manage their identity tools and services, especially Active Directory and privileged account management, onsite due to the sensitive nature of the information and the general importance in protecting the information to maintain business operations. Organizations will increasingly move to cloud-based Identity and Access Management (IAM) solutions to compliment cloud-based application security capabilities. Identity and Access Management movement to the cloud continues the security product migration first seen by endpoint detection and response products and being adopted across whole segments of the security Industry.
Authentication through mobile devices will increase
Acceptance and use of biometrics, facial recognition, QR codes, etc. via mobile devices will increase as organizations and users gain trust that these approaches provide additional security to currently “insecure” elements at places like voting booths, for DMV registration, etc. Greater acceptance trending is also linked to the proliferation of converged physical-cyber security in identity proofing — i.e., need to use facial recognition at facility turnstiles, access WiFi via devices, etc.
While exploitation of software flaws is a longstanding tactic used in cyber attacks, efforts to actively subvert software development processes are also increasing. For example, developers are in some cases specifically targeted for attack. Malware has also been detected in certain open source software libraries. As software code becomes more complex and dynamic, the opportunities for corruption increase as well. In 2019, we will see a continued increase in the use of third-party applications or services as the “back channel” into networks through the corruption of third-party firmware/software (and updates thereof); such back channels can bypass traditional protective and detection capabilities in place to prevent externally-based incidents and infecting the corporate network.
If the recent and explosive growth of ransomware is an indication of anything, it is that criminal organizations will continue to employ malware for profit. Cryptojacking, otherwise known as “Cryptomining malware”, uses both invasive methods of initial access, and drive-by scripts on websites, to steal resources from unsuspecting victims. Cryptojacking is a quieter, more insidious means of profit affecting endpoints, mobile devices, and servers: it runs in the background, quietly stealing spare machine resources to make greater profits for less risk. Due to its ease of deployment, low-risk profile, and profitability TCG posits that this trend will continue to increase in 2019.
Rise in attacks to the cryptocurrency ecosystem
One of the crucial reason why hackers rob banks is the reason that — that’s where the money is. Use of cryptocurrencies for everyday transactions is becoming commonplace, and we will continue to see a related rise in attacks against individuals and organizations who use cryptocurrency as an increasingly standard element of their business operations and transaction options.