Malware Attacks

Malware Attacks

Malware Attacks- Targeted ransomware, mobile malware and other attacks will surge, while companies will adopt AI, better cloud security and cyber insurance to help defend and protect against them.

Cyber threats like targeted ransomware, mobile malware and sophisticated phishing attacks will escalate in 2020, researchers warn.

However, defenses like artificial intelligence (AI), cyber insurance and faster security response will also increase, helping defend companies against imminent threats, according to new predictions by Check Point Software.

Check Point outlined “key security and related trends” it expects to see in 2020 in a blog post Wednesday, including a series of technology trends that can both be used to attack systems and mitigate against threats. Some of the predictions are for technologies that have already both surged in popularity and increased in sophistication this year, including targeted ransomware and phishing attacks that go beyond email.

Others are emerging technologies, particularly the rise of AI and a better understanding of how to secure assets in the cloud, according to researchers. Still other predictions involve technology inevitabilities that will further complicate the 2020 security landscape.

5G in particular will create cyber-security complexities, as network roll-outs mean dramatic growth in both the use of connected IoT devices and data volumes. More IoT devices will boost networks’ vulnerability to large scale, multi-vector cyber-attacks and create visibility issues for security administrators, according to researchers. Meanwhile, a significant increase in data volumes will mean more people will use mobile apps as part of their daily lives, exposing more and more personal information to networks.

2019 already was a harbinger of some of Check Point’s key 2020 cyber-attack predictions. Ransomware attacks already became more targeted against specific businesses, local governments and healthcare organizations, with attackers taking the time to know their victims “to ensure they can inflict maximum disruption” and garner higher ransoms, according to Check Point.

This year already saw hackers stage numerous ransomware attacks on significant targets, including the city of New Bedford, Massachusettsseveral dentist offices, and a number of  U.S. hospitals–some that had to turn away patients and another that paid a ransom because of a rash of attacks.

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Article Credit: ThreatPost

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