Cyber Security Trends in 2018

Lets have a look at the Cyber security Trends as well as attacks in 2018 so far:

1.AI-powered attacks

In February, a study from teams at the University of Oxford and University of Cambridge warned that AI could be used as a tool to hack into drones and autonomous vehicles, and turn them into potential weapons.

“Autonomous cars like Google’s (Waymo) are already using deep learning, can already raid obstacles in the real world,” Caspi said, “so raiding traditional anti-malware system in cyber domain is possible.”

Another study, by U.S. cyber security software giant Symantec, said that 978 million people across 20 countries were affected by cybercrime last year. Victims of cybercrime lost a total of $172 billion — an average of $142 per person — as a result, researchers said.

2.Big & bad Data Breaches

The year of 2017 has been already marked with many historic big and bad breaches. Lets look at the major cyber security breaches in the 2018 so far, according to the Wired:

Russian Grid Hacking

US Universities

Rampant Data Exposures

Under Armour

3.Ransomware and IoT

The way things are, IoT (Internet of Things) ransomware isn’t standing out as truly newsworthy. This is reasonable, as most IoT gadgets don’t regularly store profitable information. Regardless of whether an IoT gadget were to be tainted, and the information it holds were to be scrambled, it’s far-fetched anybody would try to pay the payoff. That, as well as creating ransomware for IoT gadgets would not be practical as the potential number of casualties would be significantly less.

Be that as it may, we should even now be exceptionally mindful so as not to think little of the potential harm IoT ransomware could cause. For instance, programmers may target basic frameworks, for example, control matrices. Should the casualty neglect to the compensation the payment inside a brief timeframe, the assailants may close down the network. Then again, they may target processing plant lines, brilliant autos and home machines, for example, shrewd coolers, keen stoves and the sky is the limit from there.

4.GDPR Fines

The General Data Protection Regulation (GDPR), which will come into effect on 25 May 2018, offers a number of important changes to the current Data Protection Directive. These include; increased territorial scope, stricter consent laws and elevated rights for data subjects to name a few.

Fines for non-compliance reach up to €20m, or 4% of annual worldwide turnover — whichever is greater. According to a recent Forrester report, “80% of companies will fail to comply with GDPR”. Interestingly, the report claims that 50% of these companies will actually choose not to comply, as they claim that the cost of compliance outweighs the risks.

5.Nation-Sponsored Cyber attacks:

 “I’m really worried about nation-states fighting their proxy wars using cyber,” says Art Coviello, the former RSA executive chairman who’s now a venture partner at Rally Ventures, an investment firm in Silicon Valley.

“Unfortunately, you are going to see a big investment in cyber weaponry, certainly in the United States,” Coviello says. “We’re living in the biggest digital glass house on the planet with the greatest attack surface. So in our case, the best defense is the most powerful offense. We need to discourage attackers. But I worry that we will be in a never ending cyber arms race.”

staff should be adequately prepared to spot potential assaults. Governments ought to abstain from acquiring innovation from untrusted sources. For instance, the U.S. government as of late prohibited the utilization of Kaspersky programming in government offices because of worries about the Russian government’s potential impact on the organization.

At long last, it is critical that countries cooperate and share any data they have about potential state-supported dangers.

 

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