Welcoming 2015: New Year, New Security Threads

Welcoming 2015: New Year, New Security Threads

In December, 2014 Sony was attacked, according to the FBI, by North Korea, and possibly an “insider” and was threatened by the cyber attackers who requested them not to release a movie, pay ransom, or the hackers would post damaging private Sony data.

This incident showed that no matter how secure we may think that we are, unfortunately, an incident such as this demonstrates, that cyber security, is not an option, it’s an enterprise attitude, and if not implemented, can be so devastating-it is estimated that 100TB of Sony data was exfiltrated, including sensitive medical files on employees, their families and children.

Sony’s reported revenues in 2014 showed an approximately $1.26 billion net loss, and $1.21 loss per share, had only 11 people working in cyber security.

This should be a wakeup call for all!

Moreover, the risk of many attack vectors for cyber-attacks may put a company’s reputation in danger and worst of all, lose credibility, loyalty, and tarnish their brand.

The news about the Sony breach, closed 2014 and left many with a higher awareness with the fact that we need to give more attention and devote more resources to cyber security, and the predictions are that this massive breach, and subsequent breaches will only worsen in 2015.

Some experts predict that in 2015, there will be more attacks on online payment systems, among other potential targets.

 “We expect to see cyber criminals focus more on new payment systems as they are adopted and the potential for criminal financial gain thus increases. This will be in the shape of attacks against banks/virtual currency operators, the end users and their devices, and everything in-between. In fact, we already have some examples of malware stealing virtual wallets from users’ devices, and very high-profile incidents of banks themselves being infiltrated,” said Patrick Nielsen, a senior security research at Kapersky Lab.

Another trend is that is Malware is spreading at alarming rates, it is predicted that malware will be harder to detect and remediate.

It’s time we stopped thinking about malware as a nuisance that has to be kept out of our systems  and networks, and  recognize what it actually is – big business.

Most business want to grow stronger and increase their earnings, malware developers will continue to create  products that will be sneakier, with far more stealth, one step ahead of law enforcement,  and harder to detect, for their financial gain.

Businesses, large and small, need to know where their critical information is at all times and who is accessing it.

Flagging content and communication before it leaves the office is a good start, but it is not enough and due to the tactics used in recent cyber-attacks, it is crucial to build a strong infrastructures to protect company data.

 

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