2017 TECH TRENDS SPECIAL
Physical and cybersecurity
14 industry players will collaborate to harden products against digital threats .
Cloud security and IoT predictions McAfee Labs also provided predictions for IoT and Cloud security during the next two to four years , including threat , economic , policy , and regional trends likely to shape each area . Gathering insights from Intel Security researchers , the following predictions also anticipate the responses we expect to see from device manufacturers , cloud service providers , and security vendors .
The Cloud predictions touched on topics such as trust in the cloud , storage of intellectual property , antiquated authentication , east-west and northsouth attack vectors , gaps in coverage between service layers , for-hire hackers in the cloud , “ denial of service for ransom ” attacks , IoT implications for cloud security models , laws and litigation versus innovation , movement of data across borders , biometrics as cloud enablers , cloud access security brokers ( CASBs ), protection of data at rest and in motion , machine learning , cyber insurance , and ongoing conflicts pitting speed , efficiency , and cost against control , visibility , and security in cloud offerings .
The IoT predictions focused on cybercrime economics , ransomware , hacktivism , nation-state attacks on criminal infrastructure , challenges for device makers , privacy threats and opportunities , encryption , behavioural monitoring , and cyber insurance and risk management .
Six critical industry challenges The difficult-to-solve problems section of the report challenges the industry to improve threat defence effectiveness by reducing information asymmetry between defenders and attackers , making attacks more expensive or less profitable , improving visibility into cyber events , better identifying exploitation of legitimacy , improving protection for decentralised data , and detecting and protecting in agentless environments .
For more information , please read the full report : McAfee Labs 2017 Threats Predictions Report
Security budgets to prioritise detection over prevention
The cyber domain is one in which things can change in the blink of an eye . Inadequate response measures can be extremely costly to a company and have long-term consequences . The region ’ s rapid digitisation and
technological transformation , coupled with its wealth , has opened the doors to cyber attacks from a host of attackers . In the wake of smart services , mobility and the Internet of Things , the attack surface has invariably increased . From the banking and aviation sectors to government , 2016 marked another year of cyber attacks in the Middle East – something that is unlikely to change in the near future , writes Ray Kafity , Vice President , Middle East , Turkey and Africa at Attivo Networks .
POS malware breaches will increase On the surface , it may appear that the number of breaches affecting retailers and incidences of customer data theft are decreasing . This , in fact , is a misnomer . The number of attacks seems lower because of the lack of disclosed information , as well as the
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