Last year ransomware made a comeback, as worldwide mobile operators made aggressive strides in the transformation to 5G, and GDPR achieved its first full year of implementation. The industry saw some of the largest fines ever given for massive data breaches experienced by enterprises. As the spike in demand for ransomware-as-a-service tools in underground forums, coupled with the anonymity offered by the dark web, the surge in these types of cyberthreats should not be a surprise.
This year ransomware will continue to garner more international attention as a host of the not new, like the continued rash of DDoS attacks on government entities and cloud and gaming services, to the new and emerging.
Growth of ransomware
One reason for ransomware attacks gaining widespread popularity is because they now can be launched even against smaller players. Even a small amount of data can be used to hold an entire organisation, city or even country for ransom. The trend of attacks levied against global cities and governments will only continue to grow.
Below I can share three new strains of ransomware types introduced:
Modular or multi-levelled/layered ransomware and malware attacks will become the norm as this evasion technique becomes more prevalent. Modular attacks use multiple trojans and viruses to start the attack before the actual malware or ransomware is eventually downloaded and launched. 70 percent of all malware attacks will use encryption to evade security measures (encrypted malware attacks)
It is no surprise that cyber security skills gap will keep on widening. As a result, security teams will struggle with creating fool-proof policies and leveraging the full potential of their security investments.
Slow Adoption of new Encryption Standards
Although TLS 1.3 was ratified by ..
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