The Locksmith Journal Jan/Feb 2019 - Issue 60 | Page 10

10 • INDUSTRYNEWS PROUD SPONSORS OF THIS PAGE Cyber Security Predictions 2019 » » AS SECURITY SPECIALISTS WE advise and instruct people how to keep their property safe every day, while as business owners we are responsible for not only our own information, but that of our customers, suppliers, and other corporate peers. A padlock or vault is no longer adequate to keep this information safe. There is a huge underground industry dedicated to cybercrime with cyber fraudsters continually developing ever more sophisticated attacks. The bottom line is that consumers and businesses should be vigilant when online and protect themselves with good cyber security. The cost of cybercrime incidents climbs each year with unerring predictability. While 2019 will inevitably see a further rise in staggering losses - an estimated $2 trillion globally according to some sources - the New Year is also set to herald some unique cybercrime developments as technologies like artificial intelligence become increasingly accessible to cyber criminals, says BullGuard, a leading provider of consumer cyber security. Ransomware is also to make a come-back but attacks will be targeted rather than using the common 2018 scatter gun approach. Web skimming will continue to be a serious problem while email phishing will, like ransomware, increasingly target individuals. We can also expect wide reaching attacks on consumer Smart devices; something we write and read a lot about in The Locksmith Journal. INTERNET OF THINGS As Internet of Things (IoT) devices become increasingly popular we’re likely to see wide scale attacks on Smart devices. To date, attacks have largely focused on individual devices or compromising specific devices to create botnets. In turn the IoT botnets have been used to launch attacks on websites to take them down. These attacks have largely focused on Internet infrastructure and service providers but in 2019 consumer-based attacks will emerge with hackers choosing to focus on home Smart devices. On the flip side Internet Service Providers across Europe are also likely to begin incorporating IoT device security into their services by providing protection at the network entrance where the router sits. This protection will be cloud-based so the detection of attack signatures detected at one location can be quickly and effortlessly transferred to homes in other locations. WEB SKIMMING ATTACKS In terms of specific attacks and malware there will be an increase in web skimming attacks. These have been very prominent in 2018, for instance, the attack on British Airways’ website in which 380,000 payment card details were stolen as people made purchases. These types of attacks have taken place all over the world and have proven to be lucrative for fraudsters. In 2019 they will continue but attacks are likely to become even more sophisticated by also stealing log- in credentials and other sensitive information. ARTIFICIAL INTELLIGENCE AND MACHINE LEARNING Artificial intelligence and machine learning are already widely used in cyber security to predict and counter emerging threats. However, it’s likely that cyber crooks will begin to take advantage of these technologies as they become increasingly accessible. In short, we can expect to see attacks that are faster, ‘consumers and businesses should be vigilant when online and protect themselves with good cyber security’ more adaptive and more difficult to capture. For instance, targets could include customised social network attacks designed to steal user data for identity theft, as well as specific attacks on companies. RANSOMWARE To date, ransomware attacks have largely been indiscriminate in their targeting, this is set to change as focused attacks become more common. SamSam ransomware, which has collected approximately $6.7 million over the last three years, has focused on targeting individuals, and other cyber criminals have taken note. EMAIL PHISHING ATTACKS Email spam and phishing attacks are relatively old techniques but they are successful hence their continued popularity among attackers. That said, we’re set to see an increase in email social engineering attacks in which individuals are targeted. Once an attacker has chosen a victim, they can craft personalised phishing mails that are extremely convincing. ‘We make it simple to protect everything in your digital life – from your data, to your identity and privacy, and to your Smart Home.’ LOCKSMITHJOURNAL.CO.UK | JAN/FEB 2019 PRIVACY AWARENESS There is a wave of privacy awareness sweeping across Europe and the US following high profile revelations about how personal data is collected, used and sold-on by large organisations. As such, expect to see an increased uptake of the use of virtual private networks (VPNs) by consumers, who don’t want to be tracked on the internet. BullGuard is a multi-award winning, smart home cybersecurity company. We make it simple to protect everything in your digital life – from your data, to your identity and privacy, and to your Smart Home. www.bullguard.com