What Cyber Threats and Trends Might We See in 2019?

‘Tis the season to get out the crystal ball and play at being the cyber equivalent of “Mystic Meg” (no that’s not me in the picture).

For 2018 I predicted a number of things that were spot on, these included the following:

  • The change from mass ransomware campaigns to more targeted ones asking for higher ransom payments.
  • The move from ransomware to cryptomining/cryptojacking as the primary monetisation payload/method.
  • GDPR being used for extortion/blackmail attempts.
  • Organisations still not focussing on the basics and best practice for their industry/vertical and wondering why they suffered security breaches/incidents.

So what will 2019 bring, according to OMG?

  • More targeted extortion attempts; Ransomware, GDPR, DDoS, etc. All with higher ransom being demanded.
  • Organisations will still be mainly focussed on the latest, must have “shiny toys/technologies” rather than dealing with the basics and best practice for their industry/vertical.
  • A mainstream move towards two or multi-factor authentication, as password theft is increasingly seen as the main way that bad guys and girls get in; other than social engineering (phishing) or via the supply-chain/business-partner. This move will be required due to massive Credential Stuffing attacks in 2018 fuelled by the many data breaches where user ids and passwords were stolen.
  • More supply-chain breaches as a method to gain access to the intended victim organisation.
  • Cloud service breaches and/or take-downs and mis-use by the Bad Guys n Girls.
  • The skills-gap and staff shortage will increase, again. And those of us in the industry will be in demand and frequently head-hunted or just pestered by desperate recruiters that don’t read your LinkedIn profile and still approach you with roles that you are not interested in or have the skills/background for.
  • More Business Email Compromise attacks (aka Fake CEO/CFO, etc.); these will rake in far more money in 2019
  • Artificial Intelligence and Machine Learning will continue be touted as “The” solution to deal with cyber threats and breaches; they are useful but generally too prone to false positives (detect things that are not an issue) and more worryingly false negatives (don’t detect what they should do).
  • The Internet of Things will start to “grow-up” as manufactures start to bake in security and offer it as a differentiator to competing products/services.
  • However, despite this we will continue to see IoT devices/infrastructure used as an attack platform and I suspect that we will start to see volumetric DDoS attacks exceed 2Tbps (largest so far was 1.35Tbps against Github in 2018). 
  • We may well see some critical infrastructure attacks (outside of Ukraine) that are successful, and that cause major outages and/or physical damage/loss of life.
  • Too many organisation thinking that using a single Cloud provider will give them a fully resilient infrastructure; it won’t. Just like having multiple data-centers, you need multiple Cloud providers (this should be part of your Business Continuity and Disaster Recovery Plan), no single-points of failure!
  • GDPR will finally start to bite (hard) and organisations that should have already been following industry best practice for data/privacy will finally do something about it (well, most of them)!
  • Blockchain will be finally recognised as not being the solution to everything!
  • Increase in use of Sextortion, Bomb and other extortion/blackmail emails/calls, despite the fact that most Sextortion campaigns did not net piles of bitcoin as those behind them expected.
  • More social-media scams mainly focussed around crypto-currency giveaways; like the many Elon Musk themed ones we saw in 2018.
  • People will still mainly fail to learn from history; we will see yet more old techniques/technologies dusted off and re-used by the Bad Guys n Girls, for victims that weren’t around (or paying attention) the last time it was successfully used…

Don’t have nightmares, remember that 80-90% of all security breaches/incident I have dealt with could have been avoided by just following best practice and doing the basics… This includes taking (and testing) backups, educating (and testing) your staff, patching your systems, applications and writing secure code, good Identity and Access Management, and so on…

IoT Malware Detections Soar 273% Since 2017

A new report shows that the risks from IoT  (Internet of Things) devices are increasing, with the bad guys and girls using bots, worms and other malware (including scripts) to trawl the Internet looking for IoT devices that are insecure; un-patched and therefore vulnerable, use weak, known and often hard-coded passwords that can’t be changed, weak crypto implementations, etc. and are therefore, easy to compromise and re-purpose for their nefarious purposes.

This doesn’t surprise me, and in fact I expect it to accelerate until suitable standards backed up by legislation comes in to force….

IoT vendors need to take responsibility for the (mainly) poor security (or complete lack of security) in their products….

There are a few vendors out there that have baked good security in at the design phase and continue to secure/patch/harden their products and back-end infrastructure; the rest need to catch up, fast!

More details can be found here: https://www.infosecurity-magazine.com/news/iot-malware-detections-soar-273/