SecurityBrief Asia logo
Asia's leading source of cybersecurity and cyber-attack news
Story image

Rogue nations, IoT, fileless malware and drones: A new era of cybercrime in 2017

FYI, this story is more than a year old

As the predictions for 2017 continue to roll in, the security industry looks set to have a tough year.

According to Symantec, who is looking at Security in 2017 and Beyond, the security industry each year faces new types of threats as cybercriminals evolve their approach toward accessing organisations' data.

“Given the consistently changing security landscape, it's important to take a moment and determine where the security industry needs to focus its attention as we move into the next year,” the security company says.

A new era of Cybercrime

· Rogue nation states will finance themselves by stealing money online. There is a dangerous possibility that rogue nation states could align with organised crime for their personal gain, such as we saw in the SWIFT attacks. This could result in down time for countries' political, military or financial systems.

· Fileless malware will increase. Fileless infections – those written directly onto a computer's RAM without using files of any kind – are difficult to detect and often elude intrusion prevention and antivirus programs. This type of attack increased throughout 2016 and will continue to gain prominence in 2017, most likely through PowerShell attacks.

· Secure Sockets Layer (SSL) abuse will lead to increased phishing sites using HTTPS. The rise in popularity of free SSL certifications paired with Google's recent initiative to label HTTP-only sites as unsafe will weaken security standards, driving potential spear-phishing or malware programs due to malicious search engine optimisation practices.

· Drones will be used for espionage and explosive attacks. This could be seen in 2017, but is more likely to occur further down the road. By 2025, we can expect to see “dronejacking,” which will intercept drone signals and redirect drones for the attacker's benefit. Given this possibility, we can also expect to see anti-drone hacking technology being developed to control these devices' GPS and other important systems.

IoT devices offer new revenue streams for cybercriminals

· Connected cars will be taken for ransom. As cars start to have connected capabilities, it is only a matter of time until we see an automobile hack on a large scale. This could include cars being held for ransom, self-driving cars being hacked to obtain their location for hijacking, unauthorised surveillance and intelligence gathering, or other automobile-focused threats. This will also lead to a question of liability between the software vendor and automobile manufacturer, which will have long-term implications on the future of connected cars.

· IoT devices in the enterprise will increase points of exposure. Beyond looking simply at computers and mobile devices for vulnerabilities, incident response teams will need to consider thermostats and other connected devices as jumping points into the network. Similar to how printer servers were used for attacks several years ago, nearly everything in an enterprise is now connected to the internet and will need to be protected.

· Increased IoT DDoS attacks. The Dyn attack in October demonstrated the vast number of IoT devices that don't have security on them and are tremendously vulnerable to attacks. As more IoT devices are installed in the mass market, the risk of security breach will increase. Once insecure devices are in the market, it becomes almost impossible to fix the issue without recalling them or issuing security updates. Given that this lack of security will continue for the foreseeable future, the number of IoT attacks will only increase as well.

Hacks in the cloud

 · Ransomware will attack the cloud. Given the significant shift towards cloud-based storage and services, the cloud is becoming a very lucrative target for attacks. The cloud is not always automatically protected by firewalls or more traditional security measures, so there will be a shift in where enterprises need to defend their data. Cloud attacks could result in multi-million dollar damages and loss of critical data, so the need to defend it will become even more crucial.

 · Machine learning will require sophisticated Big Data capabilities. In 2017, machine learning and AI will only continue to grow – Forrester predicts investment in Artificial Intelligence will grow 300 percent next year alone. With this growth comes new, powerful insights for businesses to tap, and an increased collaboration between humans and machines. From a security standpoint, this expansion will impact organisations in more ways than one – including endpoints and mechanisms in the cloud. As new forms of machine learning and AI continue to enter the market, enterprises will need to invest in solutions that have the capabilities to collect and analyse data from the countless endpoints and attack sensors across different organisations, industries and geographies. These solutions will prove to be instrumental in teaching machines how to operate on the front lines of a global battle that changes every day, minute by minute.

Related stories
Top stories
Story image
Awards
A/NZ finalists for IDC's Future Enterprise Awards revealed
Vodafone Aotearoa Foundation, Woolworths Group, Hamilton City Council and Virtus Health are amongst some of the big names.
Story image
Cybersecurity
Spike in demand for cybersecurity training amid skills shortage
"Organisations cannot just rely on cybersecurity professionals to safeguard the businesses’ infrastructure and protect their data."
Story image
Malware
OpenText reveals nastiest malware of 2022, with Emotet at the top
OpenText threat intelligence experts combed through the data, analysed different behaviours, and determined which malicious payloads are the nastiest.
Story image
Cybersecurity
The growing threat of CEO fraud and how to mitigate it
By posing as the CEO or other senior figures, attackers guarantee that malicious emails get employees' attention. Many employees are reluctant to question a request from their CEO, so they usually provide the information.
Story image
Cybersecurity
Swift successfully pilots its Securities View capability
The new capability significantly increases transparency in post-trade processing while preventing costly settlement fails; it will be widely available in 2023.
Story image
Ransomware
Commonwealth tackling rising cybercrime threat in Asia
Ransomware, identity theft, and virtual security attacks identified as growing threats to security and economic growth.
Story image
Microsoft
Yubico research finds concerning trends around authentication security practices
A new global survey from Yubico has found that 59% of employees still rely on usernames and passwords as the primary method to authenticate their accounts.
Story image
Apple
Jamf shows intent to acquire mobile security firm ZecOps
This acquisition positions Jamf to help IT and security teams strengthen their organisation’s mobile security posture.
Story image
Network Management
Fortinet introduces enhanced AIOps across its gateways
FortiAIOps builds on Fortinet's rich history of developing artificial intelligence to deliver actionable network insights for self-optimising management.
Story image
Cybersecurity
Test your API Security with Infinite API Scanner
The effectiveness of API scanning technology can mean the difference between successful and unsuccessful programming outcomes, and often enterprises and IT leaders struggle to get it right.
Story image
Hybrid Cloud
Hybrid cloud security driving need for deep observability
Gigamon is bringing application and network-level intelligence together to help network, security, and cloud IT operations teams eliminate security blind spots.
Story image
Malware
Mandiant uncovers malware ecosystem deployed on VMware hypervisors and guest systems
Mandiant research has uncovered a novel malware ecosystem that was found deployed on VMware hypervisors and guest systems by an advanced and suspected China nexus threat actor.
Story image
Cybersecurity
De-risking the innovation cycle – a modern, real-time approach to security
Many organisations see cybersecurity as an inhibitor of innovation, with burdensome protection measures standing in the way of progress and speed.
Story image
Data Protection
99% of security experts unhappy with tokenisation investment
Cybersecurity experts are looking for a solution that provides the strength of tokenisation while removing the friction that has accompanied it in the past.
Story image
Malware
Decrease in malware volume, but surge in encrypted malware
The Q2 Internet Security Report found office exploits continue to spread more than any other category of malware.
Story image
Ransomware
Delinea updates DevOps security, remote access more seamless
New enhancements include development support on the most recent Mac computers and improved secrets' management usability through automation.
Story image
Cloud
How modern IT architectures are moving beyond network visibility
Dealing with multiple cloud providers makes it difficult to identify security threats and performance bottlenecks and troubleshoot issues.
Story image
Distributed Denial of Service
Sysdig reveals a loss of $53 for every $1 cryptojackers gain
The 2022 Sysdig Cloud Native Threat Report breaks down supply chain attacks against containers and how geopolitical conflict influences attacker behaviours.
Story image
Threat intelligence
Trellix advances threat intelligence with new research centre
Trellix has announced the establishment of the Trellix Advanced Research Center to advance global threat intelligence.
Story image
Cybersecurity
Employees unsure who to go to to report security incident
A new study shows more than 20% of the untrained global workforce do not know who to contact during a security breach.
Story image
Microsoft
A deep dive into a Corporate Espionage operation
In the last few years, we have seen a dramatic shift in the level of sophistication of cyberattacks, mostly thanks to the introduction of the profit-sharing business model for financially motivated threat actors.
Story image
Virtual Private Network
95% of organisation rely on VPN as threats continue - report
There is a growing number of VPN-specific security threats and a need for Zero Trust security architecture in enterprise-level organisations.
Story image
Software-as-a-Service
Enterprises yet to fully commit to cybersecurity - CompTIA
“Digital transformation driven by cloud and mobile adoption requires a new strategic approach to cybersecurity, but this poses significant challenges."
Story image
Software-as-a-Service
Varonis adds secrets discovery to data classification
The data security firm announces enhancements that detect and remediate overexposed private keys, encryption certificates, API keys, and authentication tokens.
Story image
Artificial Intelligence
Fortinet advances AIOps to aid the hybrid workforce
"We’re continuing our commitment to AI innovation by delivering AIOps capabilities across our robust portfolio of enterprise networking technology."
Story image
Edge Security
Security practices for modernising the “spaghetti” of on-premises IT
Many organisations are wondering how to securely modernise their workload, often made up of a “spaghetti” of on-premises applications and management consoles.
Story image
Cloud Security
75% of AU companies had cloud security incident in past year
According to new Venafi research, complexity is due to increase, as companies plan to host more applications in the cloud.
Story image
Kaspersky
Cybersecurity loopholes prevalent in South East Asia
In terms of the share of vulnerabilities with publicly available exploits, three countries out of top five are located in Southeast Asia.
Story image
Data Protection
Cloudflare brings Data Localisation Suite to more APAC businesses
This allows any business in these countries to service their data locally while benefiting from the speed, security, and scalability of Cloudflare’s global network.
Story image
Cybersecurity
Best practices for industrial cyber resilience
Operational technology (OT) security is gaining more attention than ever before, but sufficient understanding of what it takes to prevent breaches is still lacking amongst many organisations.
Story image
Firewall
Forrester names Akamai as web application firewall leader
"We continually monitor and improve our capabilities to defend customers from new threats, while enabling customers to protect evolving attack surfaces."
Story image
Partner Programmes
Trellix set to launch new unified partner program in 2023
"We co-developed the Xtend program with our partners to create the right business model for deploying Trellix XDR."
AWS Marketplace
Whitepaper: A practical guide for mitigating risk in today’s modern applications
Link image
Story image
Cybersecurity
Ransomware attacks continue to increase, report finds
Nearly a quarter of businesses have suffered a ransomware attack, with a fifth occurring in the past 12 months.
Aws Marketplace
Learn how to implement a backup and recovery plan for a new generation of Kubernetes-based modern applications
Link image
Story image
Legacy
Trellix enables greater cyber resiliency with extended XDR platform
"Legacy SIEM technology has failed to modernise security operations. We are confident Trellix XDR fills this critical gap.”
Story image
Firewall
Barracuda accelerates growth in its data protection business
Barracuda cloud-to-cloud backup protects against evolving cyber threats, such as ransomware, and is now transactable in the Azure Marketplace.
Story image
Mobile Device Management
How to easily scale your mobile workforce and devices for the peak shopping season
Retailers are under constant pressure to streamline processes and become more efficient while looking for ways to improve customer satisfaction levels.
Story image
Malware
Kaspersky uncovers new malicious malware NullMixer
Kaspersky researchers have uncovered a new malware stealing users credentials, address, credit card data, cryptocurrencies, and accounts.
Story image
Malware
Black Lotus Labs discovers new, multipurpose malware
Black Lotus Labs, the threat intelligence team at Lumen, has discovered a new, rapidly growing, multipurpose malware written in the Go programming language.
Story image
Work from home
Jamf showcases new products to simplify and secure work
At the 13th annual Jamf Nation User Conference, the company shared how its continuous product innovation is helping organisations succeed with Apple.