Intelligent Tech Channels Issue 24 | Page 17

EDITOR’S COMMENT Ashraf Sheet, Regional Director, Middle East and Africa at Infoblox, echoes some of the risks channel operators are discussing in the current state of security. He touches on security risks posed by the use of AI, cloud, GDPR, identity theft, cryptojacking and IoT. G artner has predicted that cybercrime will cost the world US$6 trillion by 2021, meaning that corporations are increasing spend on security services each year. Understanding the latest cybersecurity trends will give the channel the edge to remain one step ahead in the following areas: Attacks powered by AI Sh ee For a long time, attackers have used evasive techniques to bypass security measures and avoid detection. Recently, however, an entire underground economy consisting of products, tools and dedicated services has emerged to assist attackers. It is predicted that evasion techniques will become more agile due to Artificial Intelligence (AI) in 2019. It is also projected that criminals will be able to implement AI in their malicious software to automate target selection and check infected devices before deploying next stage malware and anti- detection technologies. t, R eg i ona l Dire Data exfiltration attacks to target the cloud In recent years, enterprises In at have widely moved their data to ica r f A nd a t s the cloud using Infrastructure and ctor, Middle Ea Platform-as-a-Service cloud models. With a significant amount of corporate data in the cloud, attacks on cloud platforms are bound to increase. Cryptojacking will continue to appear in the headlines Cryptojacking is a way for cybercriminals to take over the computing devices and smartphones to take advantage of the CPU power to mine cryptocurrency. Cybercriminals infect victims’ phones and smartphones with malware, which uses the CPU power of the device to mine cryptocurrency, with the attacker receiving the profit. GDPR Nok Nok Labs’ CEO, Phil Dunkelberger, said: “The global regulatory environment will become more challenging as regulators and INTELLIGENT TECH CHANNELS INTELLIGENT TECH CHANNELS Issue 24 EXPERT DISCUSSES SECURITY TRENDS WHICH COME AS A RESULT OF MODERN TECHNOLOGICAL DEVELOPMENT ASHRAF SHEET, REGIONAL DIRECTOR, MIDDLE EAST AND AFRICA AT INFOBLOX governments worldwide continue to strive to implement better data privacy protection as was done with GDPR.” Rapid rise of identity theft Identity thefts are skyrocketing and criminals are using more sophisticated techniques to grab information about new accounts. Criminals are using SSNs, home addresses and knowledge-based authentication question answers to hopscotch from one kind of account to another. Hackers are working hard to break into cellphone accounts, which will allow them to defeat the two-factor implementation. Synergistic threats will multiply, requiring combined responses Last year saw the rise in ransomware attacks and cryptojacking, which provides lower risk and better ROI. Fileless and ‘living off the land’ threats are more slippery and evasive than ever. It is expected that attackers will combine these tactics to create multifaceted, synergistic threats. IoT security and attack on voice-controlled devices It is expected that we will have 75 billion devices connected to the Internet of Things (IoT) by 2025 which means a huge number of devices to secure and new threats to identify. If attackers gain control of IoT devices, they can create havoc on individuals and organisations. To prevent this, IoT security solutions are automating the detection process. Voice-controlled assistants will be used to manage IoT devices within the home. With the adoption of voice-controlled devices increasing, cybercriminals’ interest in attacking voice assistant devices and IoT devices connected to them will continue to grow. ˜ 17