What are the upcoming cyber threats for 2018?

What are the upcoming cyber threats for 2018?

The year is coming to an end, which means a new year and new threats to your cybersecurity. Here are the cyber threats to look out for in the new year.

Cyber threats dominated the headlines of 2017. From voter information being leaked to virtual bots disrupting political elections around the world, malicious software and unscrupulous programmers are changing the world around us.

Billionaire Warren Buffett calls cyber threats “the biggest threat to mankind.” That means even more deadly than a nuclear attack, climate change, or social unrest.

We’re more dependent on our technology than ever before, at the same moment. That’s why cyber threats pose such a serious risk to day-to-day life, as well as the virtual realms.

To help prepare you for tomorrow’s cybernetic attacks, these security shortcomings stand to pose the greatest risk in the coming year.

Cyber Threats of 2018

From data breaches to ransomware, these are some of the threats to be on the lookout for.

Data Breaches Will Continue

The Equifax data breach of 2017 illustrates how vulnerable we are to private data falling into the wrong hands. Almost half of the United States’ population had their Social Security numbers and birth dates leaked to a team of hackers. What the ramifications of the Equifax hack will remain to be seen.

One thing’s for sure, however. We will see more data breaches in the coming year. They may be of an even more audacious scope. Considering that Microsoft estimates the average data breach costs companies an average of $3.8 million, it’s time to make sure your firewalls are secure.

More Ransomware Threats

Ransomware was all over the headlines in 2017, as well. The WannaCry virus attacked hundreds of thousands of computers. San Francisco’s Light Rail was affected by ransomware in a highly publicized case. So was FedEx and Britain’s National Health Care System.

Ransomware is when hackers infect software with a virus that locks the user’s files with strong encryption. Hackers then demand payment for the virtual keys to unlock the user’s system. They often pay.

Hackers like to attack valuable files that haven’t been backed up with ransomware. This means cloud servers are likely to be targeted by cyber threats in 2018, as they are the backups.

The AI Arms Race

2018 is anticipated to be the year that AI comes to fruition. Cybersecurity experts have been using machine learning and artificial neural networks to predict cyber attacks for some time. Expect hackers to start employing the same tactics and techniques in the very near future.

One example is “spear phishing”. Machine-learning makes it possible for bots to create authentic human messages which are targeted at specific users. The users are tricked into installing malware or sharing sensitive information.

The rise of phishing AIs could be like an army of Nigerian Princes that never sleeps.

With each passing year, we get closer to the sci-fi visions of yesteryears. Preparing for cyber attacks means the difference between utopia or dystopia. Best get prepared now, before the next data breach or identity theft impacts your PC.

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