News

Attackers Follow Data into the Cloud

This past year was something of a turning point for public cloud adoption. In 2018, the floodgates are really going to open as organizations see and feel the lower costs for running in cloud, and that they can move more quickly. That means attackers are going to follow that data into the cloud, regardless of what the data is – be it credit cards or medical records or something else.

A Shortage of Skilled Workers Paves the Way for Automation

Attacks will continue to be effective through an increase in sophistication, but they will

also be successful due to the challenges organizations face in recruiting and retaining skilled cyber professionals. With no foreseeable end to this skills shortage as 2018 approaches, the security industry will likely begin to see more automation, machine learning, and artificial intelligence used to combat cyber attacks. The most sophisticated organizations have automated intelligence sharing, and are putting those intelligence feeds directly into security controls without a human ever touching a keyboard. FireEye expects this type of automation to spread next year, increasing preventative controls and decreasing the time to detect attacks.

More Malware Targeting Cryptocurrencies

As cryptocurrency continues to skyrocket in value and popularity, FireEye expects to see much more malware targeting anonymous currencies such as bitcoin. Previously, FireEye observed several different types of malware that target systems for mining purposes; however, moving into 2018 the company expects to see much more malware actively stealing cryptocurrency from weakly protected wallets, shimming password entry to wallets, stealing offline wallets for brute forcing, or using credentials stolen from the same user.

Increased Activity from Nation-States and APT Groups

The changing geopolitical situation in the Asia Pacific region will see Chinese APT groups shift their focus, instead going after countries and groups that are seen as a threat to China’s access to and influence over global markets. India and Hong Kong are likely to attract maximum activity from Chinese APT groups. Additionally, FireEye observed an increase in non-Chinese and non-Russian APT groups in 2017, and expects to discover more in 2018.

“In many ways, 2017 was a testing year for cyber security in India, and we should brace for the same next year. The root of the challenge is people embrace technology faster than they secure it,” said Shrikant Shitole, Senior Director and Country Head for India at FireEye. “There is good news too. Business leaders are increasingly stepping up to the challenge. Additionally, we are creating technologies to solve critical challenges in the marketplace. In particular, we are seeing firms turn to automation technology to help address our cyber security talent shortage. With determination and the right resources, Indian firms can stay ahead of the attackers.”

Related posts

VMware Intends to Acquire Octarine and Create Next-Gen SOC Alliance

adminsmec

Flipkart to create 2 million jobs in the marketplace ecosystem Logistics and warehousing to be the key employment generating sector Mar 25, 2015 Flipkart said it will create over 2 million jobs through its marketplace and ancillary services in the year 2015. The rapid development of the e-commerce ecosystem in India will contribute towards the generation of employment across sectors. Last year, over half a million jobs were created in the e-commerce space alone. Generating both direct and indirect employment, the marketplace model has opened up opportunities in metros and non-metro cities. This year, nearly 50-60% of employment will be created in tier II & III cities. For instance cities like Jaipur and Baroda have already become the ancillary industry hubs (cataloging and packaging) and they will continue to generate more opportunities in the future announced the press release. Sellers will also play a vital role in creation of jobs across India — sellers of home products, apparels, mobile accessories and small appliances will generate the maximum employment. In fact, the growth and expansion of their businesses will generate a minimum of 20-25 jobs per seller this year. Ankit Nagori, SVP, Marketplace, Flipkart, said, “In the recent times, e-commerce has emerged as one of the key drivers of Indian economy. This industry has contributed a lot towards generation of employment opportunities along with enabling SME’s and local artisans. Sellers on our marketplace have been directly responsible for driving employment within their own communities. In fact, e-commerce support facilities like merchandizing, buying, packaging and cataloging have generated more than 75,000 jobs in the last one year.” Nagori further added, “Currently, we offer a range of SME training programs across 20 cities in association with Ministry of Labour to train and guide interested people – helping them upgrade their skills and chart out their careers in industries that they choose to enter. We plan to scale up this to 40 cities in the next 6 months. Going by past trends, we are confident that Flipkart will generate close to 2 million jobs this year.”

adminsmec

C1X all set to leverage India’s Mobile Advertising Ecosystem

adminsmec