17 December 2011

Cyber criminals will target small business, the cloud, mobile and social networks in 2012

Cyber crooks will target small businesses, social media attacks will be more common, and mobile security threats will reach an all-time high in 2012.

So says The Cyber Security and Information Assurance Division of Kroll Inc., which released its annual security forecast, highlighting key areas of risk and trends that will impact how organizations and governments combat and respond to cyber threats.

The events of 2011 suggest that the cyber security landscape will find public and private organizations are still on unsteady footing. Traditional pain points for organizations including mobile technologies, incident response and regulatory requirements will intensify as new and developing challenges surface in 2012.

  • Mobile technology security threats will be at an all-time high. Mobile technologies are changing so rapidly that in some organizations the demand and pressure to deploy new technologies (e.g., tablet computers) will outstrip the organization’s existing capabilities to secure them. This unfortunate dynamic is no secret to thieves who are ready and waiting with highly targeted malware and attacks employing mobile applications. Similarly, the perennial problem of lost and stolen devices will expand to include these new technologies and old ones that previously flew under the radar of cyber security planning.
  • Social media will increase in popularity as a conduit for social engineering attacks. Social media adoption among businesses is skyrocketing and so is the threat of attack.
  • Small businesses (SMBs) will enter the crosshairs of cyber attacks.“Hacktivism” may make headlines, but the fact of the matter is that data thieves are simply looking for the path of least resistance. Of late, that path has been leading directly to SMBs that house large amounts of valuable data but lack the data security budgets of their big business peers.
  • As cloud services gain in popularity, related breach incidents will flourish.Companies are smartly embracing the cloud for the associated cost savings and ease of use. Unfortunately, current surveys and reports indicate that companies are underestimating the importance of security due diligence when it comes to vetting these providers.
  • Business and government cooperation will be mission-critical for economic and infrastructure health. Cyber crime has the capacity to cripple almost every aspect of commerce from the largest corporation to the individual consumer.

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