Last year ended on a nerve-wracking note with high profile cybersecurity attacks on enterprises. Carl Leonard, a principal security analyst for Raytheon's Websense cybersecurity software unit, delves into the most serious threats CIOs and CISOs are likely to face this year.
As smartphones have become a source of authentication for many financial transactions, malware authors will intensify their efforts to steal funds from consumers’ Google Wallet or other mobile payments systems. That said, it becomes easier for the attackers to tap into corporate networks for the smartphone owner’s work.
More attacks to occur on the creaky internet infrastructure. For example – Open source vulnerabilities coupled with shellshock, poodle and Heartbleed sent shock waves across Akamai and other companies in 2015.
Developing general Top Level domains, which number more than 800 and expanding upto to 1300 over the next few years, will be used in active spam and malicious campaigns. Criminals will trap innocent users through social media, email and other tools, towards malware and data theft.
In 2015, cyber insurance premiums ascended, as companies raced to purchase indemnification coverage. To carry out hands on assessments of cyber security systems, the insurers will send auditors, to strengthen the need for advanced threat detection. That can dictate whether one gets a payout to claims.