FEATURE : CYBERSECURITY
BAD ACTORS WILL ‘ HARVEST ’ DATA FROM ORGANIZATIONS WITH THE INTENTION OF DECRYPTING THE DATA LATER WHEN QUANTUM COMPUTING REACHES MATURITY . for ‘ harvest now , decrypt later ’ attacks . Bad actors will ‘ harvest ’ data from organizations with the intention of decrypting the data later when Quantum Computing reaches maturity .
Ransomware evolution
Ransomware will continue to evolve and research shows that attacks are becoming more harmful each year . According to Mimecast ’ s State of Ransomware Readiness Report 2022 , two-fifths of cybersecurity leaders ( 40 %) have encountered ransomware attacks that use compromised credentials tactics this year , compared to 33 % last year . that targets a specific user high in an organization ’ s hierarchy – also known as CEO or CFO fraud .
Increase in Malware-as-a-Service
Malware- As-a-Service ( MaaS ), which is a model similar to Software-as-a-Service will continue to grow as a booming business for cybercrime organizations . MaaS is available for purchase on the Dark Web to target big businesses with sensitive and critical assets .
Harvest now , decrypt later
Quantum Computing is closer to becoming a reality and as we move towards Q-Day – when this technology will be readily available – organizations need to prepare
Cyberinsurance will no longer be a guaranteed safety net and preventing an attack altogether is the only safe path .
Concerningly , businesses ’ ransomware defenses appear to have remained static , with many firms lacking basic security measures , which increases vulnerability and exposure in the event of an attack . It ’ s critical to properly invest in fundamental measures , like robust email security and employee training .
AI voice-cloning technology
Threat actors will take social engineering to the next level . As Artificial Intelligence ( AI ) voice cloning technology becomes more powerful and readily available , we will see an increase in impersonation
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