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Symantec looks ahead into 2013 in the PH with Top Five Security Predictions for 2013

12 Dec

With this year quickly coming to an end, many organizations are looking into the new year with anticipation. Symantec expects the following top five cyber security key trends to be impactful in the Philippines and the region moving into 2013.

While these predictions are based on what we see today, they also reflect where we think things are going based on our years of expertise, our understanding of threat evolution, and our experience in previous cyber security trends.

1. Cyber conflict becomes the norm

In 2013 and beyond, conflicts between nations, organisations, and individuals will play a key role in the cyber world. Espionage can be successful and also easily deniable when conducted online. Any nation state not understanding this has been given many examples in the last two years. Nations or organised groups of individuals will continue to use cyber tactics in an attempt to damage or destroy the secure information or funds of its targets. In 2013, we will see the cyber equivalent of saber rattling, where nation states, organisations, and even groups of individuals use cyber attacks to show their strength and “send a message.”

Additionally, we expect more attacks on individuals and non-government organisations, such as supporters of political issues and members of minority groups in conflict. This type of targeting is currently seen when hacktivist groups are aggravated by an individual or company.

2. Ransomware is the new scareware

As fake antivirus begins to fade as a criminal enterprise, a new and harsher model will continue to emerge. We expect ransomeware to increase as it goes beyond attempting to fool its victims; it attempts to intimidate and bully them. While this “business model” has been tried before, it suffered from the same limitations of real life kidnapping: there was never a good way to collect the money. Cyber criminals have now discovered a solution to this problem: using online payment methods. They can now use force instead of flimflam to steal from their targets. As it is no longer necessary to con people into handing over their money, we can expect the extortion methods to get harsher and more destructive.

One of Symantec’s key forecasts is that ransomware will surpass fake antivirus as the premier cyber crime strategy in the coming year. In 2013, attackers will use more professional ransom screens, up the emotional stakes to motivate their victims, and use methods that make it harder to recover once compromised.

3. Surging Mobile Adware

Mobile adware, or “madware,” is a nuisance that disrupts the user experience and can potentially expose location details, contact information, and device identifiers to cyber criminals. Madware—which sneaks onto a user device when they download an app—often sends pop-up alerts to the notification bar adds icons, changes browser settings, and gathers personal information.

In just the past nine months, the number of apps including the most aggressive forms of madware has increased by 210 percent. Because location and device information can be legitimately collected by advertising networks—as it helps them target users with appropriate advertising—we expect increased use in madware as more companies seek to drive revenue growth through mobile ads. This includes a more aggressive and potentially malicious approach towards the monetisation of “free” mobile apps.

4. Monetisation of social networks introduces new dangers

As consumers, we place a high level of trust in social media—from the sharing of personal details, to spending money on game credits, to gifting items to friends. As these networks start to find new ways to monetise their platforms by allowing members to buy and send real gifts, the growing social spending trend also provides cyber criminals with new ways to lay the groundwork for attack.

Symantec anticipates an increase in malware attacks that steal payment credentials in social networks or trick users into providing payment details, and other personal and potentially valuable information, to fake social networks. This may include fake gift notifications and email messages requesting home addresses and other personal information. While providing non-financial information might seem innocuous, cyber criminals sell and trade this information with one another to combine with information they already have about you, helping them create a profile of you they can use to gain access to your other accounts.

5. As users shift to mobile and cloud, so will attackers

Attackers will go where users go, and this continues to be to mobile devices and the cloud. It should come as no surprise that mobile platforms and cloud services will be likely targets for attacks and breaches in 2013. The rapid rise of Android malware in 2012 confirms this.

Also, as unmanaged mobile devices continue to enter and exit corporate networks and pick up data that later tends to become stored in other clouds, there is increased risk of breaches and targeted attacks on mobile device data. As users add applications to their phones they will pick up malware.

Some mobile malware duplicates old threats, like stealing information from devices. But it also has created new twists on old malware. In 2013 you can be sure mobile technology will continue to advance and thereby create new opportunities for cyber criminals. Mobile devices will become more valuable as mobile carriers and retail stores transition to mobile payments and continue defining new product frontiers. We will see criminals use malware to hijack payment information from people in retail environments. Some payment systems are widely used by technical novices and may have vulnerabilities that allow information to be stolen.

2013 will also press the limits of the Secure Socket Layer (SSL) mobile infrastructure. The increase in mobile computing will strain the SSL mobile infrastructure in 2013 and reveal a core issue: Internet activity on mobile browsers is not subject to proper SSL certificate handling. To exacerbate the problem, much of this mobile Internet usage is being handled by unsecure mobile applications which bring additional risk to the table, such as man-in-the-middle attacks.

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Posted by on December 12, 2012 in Technology

 

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