Cyberthreat landscape 2020
How will the cyberthreat landscape look with changing trends in cybercrime, technology, and legislation and the Ransomware attacks to morph into two-stage extortion campaigns.
The rise of targeted ransomware created a growing demand for compromised corporate networks. This demand is met by criminals who specialise in penetrating corporate networks and sell complete network access in one-go. For 2020, we predict the targeted penetration of corporate networks will continue to grow and ultimately give way to two-stage extortion attacks. In the fi rst stage, cybercriminals will deliver a ransomware attack, extorting victims to get their fi les back. In the second, they will target the recovering ransomware victims again with an extortion attack, but while threatening to disclose sensitive data stolen.
With the recent Union cabinet on 04/12/2019 gave its approval to the Personal Data Protection Bill that seeks to lay down a legal framework to preserve the sanctity of ‘consent’ in data sharing and penalizing those breaching privacy norms.
An expert says, this is harsh but this is required in current scenario. But there is little skeptical about sharing our Adhar or any important personal data on social media and some other places. I Don’t know how social media companies as protecting our data.
Overall the provision puts the onus of creating the mechanism on the company. The provision is largely aimed at checking social media trolling and fake account. This is very much required in the current Indian scenario, lots of fake accounts created.
We really don’t know why data categories in some category and why not this is only stored and used only for requirement in our country. As per bill, data categorizes into three categories, critical, sensitive and general. Sensitive data like financial, health, biometrics, religious or political beliefs and affiliation can be stored only in India.
This bill will encourage entities to start processing data in India and with high level of data consumption, the country is expected to become one of the world biggest centers of data refinery, data are oil etc. And we as service providers get lots of business from law agencies. I can says a Welcome move for the Indian citizen point of views.
Enhanced computers can rapidly process numerous biometrics of a face, and mathematically build or classify human features, among many other applications. While the technical benefits are impressive, underlying flaws inherent in all types of models represent a rapidly growing threat, which cyber criminals will look to exploit. As technologies are adopted over the coming years, a very viable threat vector will emerge, and McAfee predicts adversaries will begin to generate deepfakes to bypass facial recognition. It will be critical for businesses to understand the security risks presented by facial recognition and other biometric systems and invest in educating themselves of the risks as well as hardening critical systems.
Lastly, the Deepfake video or text can be weaponised to enhance information warfare. Freely available video of public comments can be used to train a machine-learning model that can develop of deepfake video depicting one person’s words coming out of another’s mouth. McAfee predicts the ability of an untrained class to create deepfakes will enhance an increase in quantity of misinformation.
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