Home Did you know ? 7 Cyber Security Challenges in 2020!

7 Cyber Security Challenges in 2020!

by Mic Johnson

At one point, the internet has connected us to countless opportunities, on the other, it has also made us prone to external attacks. It has made maintaining privacy a challenge. As good internet is crucial to meet the technical needs, it is also necessary to be aware of the upcoming challenges to security and privacy it poses. A good internet service provider always takes care of the privacy of its customers and ensures end-to-end encryption to prevent data losses. A secure internet connection is crucial to keep your online existence protected at all times. You can find such internet providers on LocalCableDeals at reasonable rates that are not a burden on your pocket. For instance, Spectrum internet prices are highly competitive, giving you the best value for your money. The customer service agents satisfied me and enabled me to make an informed decision. The result? Now I have secure connectivity.

Let’s look at the security challenges we will be facing this year due to the extreme inter-connectivity. We all know what happened with Facebook and how all our data over the internet is at risk of being misused anytime an organization or software goes corrupt.

Artificial Intelligence-powered attack:

Modern machines have the ability to learn from your past searches. This improves search efficiency and provides security and privacy to your network.

According to the statistics, almost 87% of the U.S cybersecurity professionals are using artificial intelligence to minimize the threats. Moreover, cybersecurity professionals also tend to think that hackers can easily manipulate the AI systems to launch even more sophisticated cyber-attacks.

E.g., AI can easily be manipulated to automatically collect certain information—similarly, its efficiency can be used against it too. The most important thing above all, it can help hackers big time in identifying passwords by narrowing down the number of probablesecurity passcodes based on several factors.

Sandbox-evading Malware:

Recently, sandboxing has taken the tech experts by storm with its malware detecting and protecting method. However, cybercriminalsare putting all their efforts into identifying loopholes in the technology. These loopholes definitely lead to some cracking methods. Well, just to inform you, cybercriminals have found ways to evade it too. They are not so common and are confined to a few, but still, it has become a major threat.

E.g., The new malware will know when it gets hit with the sandbox. It will wait until the sandbox session expires or will wait outside the sandbox before executing the malicious programs.

Internet of Things:

It has tied every little thing to a wider and greater network called the internet. Our house keys to the kitchen, our machinery to the lights of the house all have been automated with the internet of things. However, maybe not every piece of information related to IoT is useful except for a few major ones. Hackers have started this new trend of ransom. However, we shouldn’t completely underestimate the potential of IoT ransomware.

Most of the companies will fail to comply with GDPR:

Well, GDPR stands for General Data Protection Regulation which got implemented on May 25th,2018. It made great changes to the data protection directive including strict rules, territorial scope, consent laws, and also gave high importance to the data subjects.

Most of the companies failed to follow the rules as they don’t have efficient technology or even if they have such technology, they don’t have the right means to protect them. A report claimed 50% of the companies failed to comply with the rules.

Use of Multi-factor authentication threat:

According to the 2016’ data breach investigation report, Verizon stated, around 63% of data breaches involved weak, stolen, or default passwords. This is just because a major proportion of the companies are still following single factor authentication- relying on the passwords. And those passwords are based on “something you know”.

Deception technologies:

Several technologies were implemented in 2018 and many of them were specially introduced to deceive cyber-attacks, naming them cyber deception technologies. Deception technologies act as a trap for attackers, they feel like they can get into the system or can reach the sensitive information but are getting themselves into a mousetrap.

Now there is a significant growth in the use of Endpoint Detection and Response solutions. They can detect the ins and outs of anomalies. Network traffic analysis is also frequently used to monitor network traffic and identify anomalies. These deception technologies are also being used by hackers to manipulate the system and get useful information.

More and more companies are thinking of adopting sophisticated real-time change auditing solutions which are helping companies’ big time to identify privilege abuse and suspicious file/folder.

State-sponsored attack:

Nation-state sponsored cyber-attacks have raised security concerns for every nation. Such attacks we all know are politically motivated. As we all expect these scams are on a whole new level and are extremely sophisticated, smooth, and are typically designed to acquire the intelligence that can be used for a greater benefit.

These are a few cybersecurity threats that have the potential of becoming a major problem for all of us this year. This degree of connectivity has brought us closer at one hand, has also exposed us to major risks on the other.

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