The Cyber Security Review | Tuesday, January 03, 2023
From ransomware and phishing to supply chain attacks, cybercrime continues to create havoc and is introducing new trends and challenges in cyber security.
FREMONT, CA:The number of cyberattacks has significantly increased over the years and several cyberattacks against the healthcare industry are being recorded. Experts suggest that the magnitude and novelty of digital attacks rising in the coming years will get more aggressive as cybersecurity teams around the world are presented with the task of securing access to the data of their organisations over hundreds of remote access points. This has introduced new trends in the cybersecurity sector, bringing possibilities for various cybersecurity challenges.
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Accelerated 5G Adoption to Deepen Vulnerabilities
5G connections are expected to witness radical growth with the current focus on delivering higher data speeds, latency improvement, and the overall functional redesign of mobile networks. The cloud will expose the 5G core to cloud security vulnerabilities. CISOs should be wary of large-scale attacks from any source, including the operator’s network.
Securing Connected Medical Devices is Critical
Digitization has enabled new healthcare capabilities like virtual healthcare and remote diagnosis. However, the prevalence of legacy and sensitive data will make healthcare more susceptible to cyber threat actors. Ensuring the cybersecurity of medical IoT is as important as ever for patient safety, as the closer a patient is to a device, the greater the possibilities for weaponization by adverse actors.
Multi-Factor Authentication
Multi-factor authentication (MFA) is an essential security measure that protects users even if their passwords are leaked. However, MFA only helps when it is enabled and enforced. Attackers have a more straightforward path to compromise an organisation without MFA. Criminal groups are popular for grabbing usernames and passwords from data breach dumps on the dark web. They reach out for every credential to brute-force internet-facing systems and gain access.
Internal Sharing Links Overexpose Data
Sharing links are helpful for collaboration, but it also poses significant security risks. Easy sharing makes protecting sensitive data challenging, and when insiders or external attackers gain access to data, information is immediately at risk from ransomware and theft.
Metaverse: The New Opportunity for Cybercriminals
With more money spent on virtual goods every year, the metaverse will open up a new playground for cybercriminals. The immersive nature of the metaverse will unlock new opportunities for businesses and consumers alike, as it will help consumers and sellers connect in new ways. Companies and cyber attackers in tandem will take advantage of the mixed reality experience to diversify their offerings and cater to the buyer's needs in the metaverse. With these trends in cybersecurity, from ransomware and phishing to supply chain attacks, cybercrime continues to create havoc in different industries.
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