By Christine Kern, contributing writer
Authentication technology, machine learning, and probabilistic tools gain ground to combat threats.
The cyber threat landscape continues to be ever changing and complicated, and 2017 will see more of the same. Experts predict the New Year will witness an escalation of attack methods that emerged this year, while new and dynamic fraud attacks will also emerge as cybercriminals become increasingly sophisticated and organized in their approaches. As organizations try and stay one step ahead of today’s sophisticated cybercriminals, total fraud protection company Easy Solutions expects to see an increase in adoption of authentication technology, machine learning, and probabilistic tools.
Easy Solutions also predicts organizations will put an increased focus on systematic approaches to information security and anti-fraud. OODA (Observe, Orient, Decide, and Act), Cyber Kill Chain, and Reflexive Control theory will all serve as guides to risk management decisions, risk measurement, and implementation of effective controls. Among Easy Solutions predictions are:
According to Adam Meyer, chief security strategist at SurfWatch Labs, if 2016 marked the year hacking went mainstream, 2017 will be the year hackers innovate, as Tech Republic reported. Meyer predicts, “2017 will be the year of increasingly creative attacks. Cybercriminals follow the money trail,” and ransomware attacks exploded because they are “cheap to operate and many organizations are not yet applying the proper analysis and decision-making to appropriately defend against this threat.”
Stephen Gates, chief research intelligence analyst at NSFOCUS also thinks ransomware and extortion will be on the rise in 2017, with a resurgence of the self-propagating worms of the past like Conficker, Nimda, and Code Red armed with ransomware payloads capable of infecting hundreds of machines in a small window of time.