The Biggest & Best Portal to the Professional Property, Workplace and Built Environment Community

Sunday, 25 February

Top 10 IT Security Predictions for 2018

As the headline implies...in fact, blatantly states, we have the top ten IT security predictions - courtesy of Ian Kilpatrick.

 

1. Security blossoms in the boardroom

Sadly, security breaches will continue to be a regular occurrence in 2018 and organisations will struggle to deal with them. New security challenges will abound and these will grab attention in the boardroom. Senior management is increasingly focusing on security issues and recognising them as a core business risk, rather than the responsibility of the IT department alone. The coming year will see further commitment from the boardroom to ensure that organisations are protected.

 

2. Ransomware has not gone away

Too much money is being made from ransomware for it to disappear - it won’t. According to Cyber Security Ventures, global ransomware damage costs for 2017 will exceed US$ 5 billion, with the average amount paid in ransom among office workers around US$ 1400. Companies can help prevent ransomware by tracking everything coming in and out of the network and running AV solutions with anti- ransomware protection. And, of course, you should do regular backups to a structured plan, based around your own business requirements – and make sure you test the plans.

 

3. IoT – a security time-bomb

IoT is a rapidly growing phenomenon which will accelerate in 2018, as both consumers and businesses opt for the convenience and benefits that IoT brings. However, manufacturers are not yet routinely building security into IoT devices and 2018 will see further problems generated through the use of insecure IoT. IoT is a major threat and possibly the biggest threat to businesses in the coming years. Unfortunately, it is not easy, and in some cases impossible, to bolt on security as an afterthought with IoT, and many organisations will find it challenging to deal with the consequences of such breaches. As IoT cascades through organisations’ infrastructures, it is likely to become the ultimate Trojan horse.

 

4. More from the Shadow Brokers

The Shadow Brokers, a hacker group which stole hacking tools from the American National Security Agency (NSA), created havoc in 2017 with the Wannacry ransomware episode. The group has already stated that it will soon release newer NSA hacking tools, with targets that might include vulnerabilities in Windows 10.

There will certainly be further episodes from them in 2018, so patch management, security and regular backups will be more crucial than ever. A major target of these hackers is the data that organisations hold, including PII (Personally Identifiable Information) and corporate data, so protecting the data ‘crown jewels’ inside the network will become ever more crucial.

 

5. GDPR – have most businesses missed the point?

The arrival of GDPR in May 2018 will, of course, be a big story. However, many organisations are missing the main point about GDPR. It is about identifying, protecting and managing PII - any information that could potentially identify a specific individual. This will become more important in 2018 and there will be considerable focus on identifying, securing and, where required, deleting PII held on networks.

 

6. GDPR Blackmail – the new ransomware?

Unfortunately, GDPR will give a great opportunity to criminals, hackers, disgruntled staff and anyone who might want to do an organisation harm. They simply have to ask you to identify what data you hold on them, ask for it to be erased, and ask for proof that it has been done. If you can’t comply, they can threaten to go public – exposing you to the risk of huge fines – unless you pay them money. Watch out for that one!

 

7. DDoS on the rise

It is now possible for anyone to ‘rent’ a DDoS attack on the internet. For as little as US$ 5, you can actually pay someone to do the attack for you! https://securelist.com/the-cost-of-launching-a-ddos-attack/7

This is just one of the reasons DDoS threats will continue to escalate in 2018, alongside the cost of dealing with them. The dangers of DDoS for smaller companies are that it will leave them unable to do business. For larger organisations, DDoS attacks can overwhelm systems. Remember that DDoS is significantly under-reported, as no-one wants to admit they have been under attack!

 

8. Cloud insecurity – it’s up to you

Problems with cloud insecurity will continue to grow in 2018 as users put more and more data on the cloud, without, in many cases, properly working out how to secure it. It is not the cloud providers’ responsibility to secure the information – it is down to the user. With the introduction of GDPR in 2018, it will be even more important to ensure that PII stored in the cloud is properly protected. Failure to do so could bring serious financial consequences.

 

9. The insider threat

Historically, insider threats have been underestimated, yet they were still a primary cause of security incidents in 2017. The causes may be malicious actions by staff or simply poor staff cyber-hygiene - i.e. staff not using the appropriate behaviour required to ensure online "health." In 2018, there will be growth in cyber education, coupled with more testing, measuring and monitoring of staff behaviour. This increasingly involves training and automated testing, such as simulated phishing and social engineering attacks.

 

10. Time to ditch those simple passwords

In 2018, simple passwords will be even more highlighted as an insecure ‘secure’ method of access. Once a password is compromised, then all other sites with that same user password are also vulnerable. As staff often use the same passwords for business as they use personally, businesses are left vulnerable. While complex passwords do have a superficial attraction, there are many challenges around that approach and multi-factor authentication is a vastly superior method of access.

By Ian Kilpatrick, EVP (Executive Vice-President) Cyber Security for Nuvias Group

Article written by Ian Kilpatrick

Share



Related Articles

Uber And The Cyber Nightmare Ride

In an unprecedented move, the National Cyber Security Centre has commented specifically on the Uber data breach - with a coded reference to the fact that Uber tried to...

 Read Full Article
Yahoo Cyber Breach Was Bigger

Yahoo has announced (week ending Oct 6) that it is providing notice to additional user accounts affected by an August 2013 data theft previously disclosed by the company...

 Read Full Article
On Trend - Can Hackers Turn The Heat Off?

Ken Munro of Pan Test Partners has written a blog - the original of which and more pictures can be accessed if you Click Here  Munro says he has found...

 Read Full Article
Andromeda Strained - International Cyber Op Dismantles Botnet

On November 29, the Federal Bureau of Investigation, in close cooperation with the Luneburg Central Criminal Investigation Inspectorate in Germany, Europol’s...

 Read Full Article
Action Fraud Helpline Goes Live For Live Cyber Attacks

Action Fraud, the national fraud and cyber crime reporting centre, has launched a 24/7 live cyber-attack helpline. During its pilot since October 2016, Action...

 Read Full Article
NHS Seeks Friendly Fire Power In Cyber War

NHS Digital has announced (Nov 28) a £20m project to boost its ability to support the NHS with its data security - including making funds available to encourage...

 Read Full Article
Pilgrims Choice. New At Noonan. BIFM On Counter.

British Institute of Facilities Management is offering counter terrorism advice via a Guidance Note   In its encouragement for readers to access the guidance...

 Read Full Article
If Dolly Can Be Hacked, What About The Hand Dryer?

  Connected toys with Bluetooth, wi-fi and mobile apps may seem like the perfect gift for Christmas. But Which? has found that, without appropriate safety...

 Read Full Article
Appointments In A Changing World

Wilson James has amalgamated its City of London and Southern business regions to create a £65m operational ‘powerhouse’ spearheading a targeted...

 Read Full Article
FTSE 350 - General Data Protection Awareness Good

The Government will soon be introducing its new Data Protection Bill to Parliament. With this almost certain to come into effect next May, implementing the General Data...

 Read Full Article