cyber security trends in 2017

Today, businesses of all sizes have finally embraced open source and the cloud, allowing them to become the standard for infrastructure software. Apart from their awesome benefits, they come with risks too. Cyber attacks still exist and can do more than cause failure to major datacenters. You are about to find out the top cyber security trends that are taking precedence in 2017:

Continued Shortage of Experienced IT Security Professionals

A report called Hacking the Skills Shortage mentioned that 82% of the 775 IT decision makers in the cyber security industry mentioned a shortage of cyber security professionals. What’s more, these decision makers are worried that the shortage of skills will do direct and measurable damage. With over a million vacant positions worldwide, hiring talent on a temporary basis seems to be the only route available for organizations that are understaffed.

More Businesses Tightening Security when Working with Third-Party Vendors

Customers are always at risk if a business does not subject all of their third-party vendors to the same level of scrutiny practiced on setting up and maintaining their security systems and policies. Even big companies like Wendy, had their franchised stores compromised by a PoS (Point-of-Sale) malware. In 2017, more companies are expected to rise to the challenge of improving third-party risk management.

A Wider Range of Hacking Tools

As long as you are willing to pay, you may have access to the same tools that cybercriminals and hackers. Yes, it is the scary truth that more hacking tools are becoming readily available as we speak. Another frightening fact is that the user does not have to possess extensive knowledge about hacking or how these tools work. In 2017, the wider availability of off-the-shelf hacking tools will continue to spark the rapid growth of cybercriminals trying to make their mark.

Nowadays, it is quite easy to become a victim of hacking activity. To secure your online browsing experience, consider becoming a John Doe while you surf the net and prevent your personal information from being exposed. You can do so by using a proxy.

Ransomware having a Further Reach

Ransomware is expected to continue rearing its ugly head in 2017. In fact, a 25% growth has been predicted to happen this year. What’s more, it will likely spread into ATMs, PoS systems, and IoT devices. How does ransomware work? It holds your important files hostage and demands victims to pay the ransom before releasing them back to their rightful owners. With that in mind, the FBI has recommended that victims consider paying the ransom if that happens. Before becoming a victim yourself, it is imperative that one takes preventative precautions.

IoT devices Used to Excecute DDoS attacks

Businesses have been rushing to roll out a wide range of IoT devices, and that has caused a lot of security concerns. Today, cybercriminals target all manner of Internet-connected endpoints, including surveillance cameras, and has employed them in DDoS attacks. With that in mind, the worldwide spending on IoT security is expected to increase to over $430 million this year. What’s more, 25% of all cyber attacks are expected to involve IoT by 2020.