According to security researchers, online hackers are expected to be more evil in near future after the destructive cyber-attacks and breaches in the past. Ransomware outbreaks of 2017 was just a bit of what is expected to happen in 2018 as hackers are continuously developing new strategies and business models as per report of security firm McAfee. Cyber Security Predicts that 2018 will be Year of Evil Hack Attacks.
Moreover, as ransomware profitability diminishes due to new defenses, hackers would come up with new kind of attacks that would be more devastating for computers and networks.
Cyber Security Predicts that 2018 will be Year of Evil Hack Attacks
Wealthy individuals are expected to be targeted on connected devices as compared to others, as they have less security measures than computers and smartphones.
McAfee’s Chief Technology Officer Steve Grobman expressed that:
“The evolution of ransomware in 2017 should remind us of how aggressively a threat can reinvent itself as attackers dramatically innovate and adjust to the successful efforts of defenders”
According to Raj Samani, Chief scientist McAfee, commercialization of hacking services is a piece of cake as experienced in year 2017. Poor privacy is another major threat in the upcoming year, because according to McAfee’s Threat Predictions Report privacy of consumers will likely wear away because consumer data is accumulated and marketed by device makers.
The McAfee report said:
“Connected home device manufacturers and service providers will seek to overcome thin profit margins by gathering more of our personal data — with or without our agreement — turning the home into a corporate store front,” . It will become aware of notable corporate abuses of digital content generated by children,” as part of this effort to boost profitability.
Hopefully, there would be some impact for the May 2018 implementation of European Union General Data Protection Regulation, which defines limits of how the data is used and sold, ultimately affecting the operations of companies working in EU.