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Cyber attacks: the worst is yet to come

AppRiver, the cloud-based email and Web security specialist, has released its threat forecast for 2014 warning that many of the security headlines of 2013 are just the precursor of things to come. It predicts that, having proved lucrative, many criminals will continue to invest time and effort infecting devices and holding data to ransom; there will be devastating repercussions following Adobe’s ColdFusion and Acrobat source code liberation, mobile malware will continue to spread and state-sponsored attacks will continue.

Jon French from AppRiver explains, “Thanks to the media hype and the sheer effectiveness of malware such as Citadel and CryptoLocker in 2013, we should expect to see a continued use of Ransomware well into 2014. The only thing that would possibly hinder the appearances of more Ransomware on the horizon would be the capture of the CryptoLocker group by authorities. Another cause for concern is Adobe’s recent breach. Obviously there are immediate repercussions for the individuals whose credentials have been stolen, but this is just the tip of this devastating iceberg. In a case of stolen software or source code there is also a large risk of a hacker knowing the ins and outs of the software thereby allowing them to write malicious code aimed at weaknesses they find. With the source code at their power, it’s a fair assumption that we’ll be seeing these exploits come to light in 2014.”

Speaking specifically of the highly publicised increased frequency of state-sponsored attacks and cyber-espionage, French continues: “Every day, critical infrastructure and organizations face state-sponsored cyber attack. Far less common is for nation states to admit being behind them, but that doesn’t mean we’re naive enough to believe it’s not happening. As more countries become equipped, empowered and emboldened to orchestrate these attacks we can only expect the frequency and severity to increase.”

www.appriver.com

•Date: 3rd December 2013 • World •Type: Article • Topic: ISM

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