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Intel Security Identifies Biggest Cyber Threats For 2017

Intel Security have released a report that details the major cyber threats expected in 2017 and beyond, with insights into the developments and challenges the cybersecurity industry will face.

The McAfee Labs 2017 Threats Predictions Report combines the knowledge and opinions of 31 Intel Security thought leaders, who examined current cybercrime trends to make predictions about what security issues will arise in the future.

Attacks on smart home IoT devices are predicted to increase in 2017, while attacks involving ransomware will decrease in the second half of the year. 2017 is also expected to see an increase in cooperation between the cybersecurity industry and law enforcement.

“To change the rules of the game between attackers and defenders, we need to neutralise our adversaries’ greatest advantages,” said Intel Security’s McAfee Labs vice president Vincent Weafer.

Mr Weafer identified six key areas to more effectively defend against attacks: “information asymmetry, making attacks more expensive, improving visibility, better identifying exploitation of legitimacy, improving protection for decentralised data, and detecting and protecting in agentless environments.”

The McAfee Labs report makes 14 predictions for security developments in 2017:

  1. Ransomware attacks will decrease in volume and effectiveness in the second half of 2017.
  2. Windows vulnerability exploits will continue to decline, while those targeting infrastructure software and virtualisation software will increase.
  3. Hardware and firmware will be increasingly targeted by sophisticated attackers.
  4. Hackers using software running on laptops will attempt “dronejackings” for a variety of criminal or hacktivist purposes.
  5. Mobile attacks will combine mobile device locks with credential theft, allowing cyber thieves to access such things as banks accounts and credit cards.
  6. IoT malware will open backdoors into the connected home that could go undetected for years.
  7. Machine learning will accelerate the proliferation of and increase the sophistication of social engineering attacks.
  8. Fake ads and purchased “likes” will continue to proliferate and erode trust.
  9. Ad wars will escalate and new techniques used by advertisers to deliver ads will be copied by attackers to boost malware delivery capabilities.
  10. Hacktivists will play an important role in exposing privacy issues.
  11. Leveraging increased cooperation between law enforcement and industry, law enforcement takedown operations will put a dent in cybercrime.
  12. Threat intelligence sharing will make great developmental strides in 2017.
  13. Cyber espionage will become as common in the private sector and criminal underworld as it is among nation-states.
  14. Physical and cybersecurity industry players will collaborate to harden products against digital threats.

For more information, read the 2017 Threats Predictions report on the McAfee website.

 

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