Tuesday, December 22nd, 2015

Symantec Report Predicts Increase in Cyber Threats

Narada Desk | December 22, 2015 5:30 pm Print


You may want to brace some extra security measures for your digital devices this New Year, with the US software firm Symantec Corporation warning of increased cyber threat possibilities. According to the firm’s security intelligence team, there will be considerable threats to Apple devices, Internet of Things and critical infrastructure.

In the report titled “The Internet Security Threat Report (ISTR) Volume 20, the battle between ransomware gangs and malware distribution networks will heat up, the need for biometric security would grow, the need for encryption will escalate and the cyber-attacks and data breaches will drive the need for cyber insurance.

To go by the report, the boom in use of biometrics in the past two years will further grow with the main industry players implementing new capacity additions with new sensors in devices and with adoption of biometric authentication frameworks. This would provide better user security provisions, with a highly enhanced convenience for device unlocking, purchasing and payments.

The increase in usage of Apple devices, which account for around 13.5% of global smartphone shipments, would see a rise in the level of Apple-related malware infections – bursting the perception that Apple devices are “free from malware”.

The report cites the need to improve security for Internet of Things, or a network of things embedded with electronics, software, sensors and network connectivity which enable these objects to collect and exchange data. Their vulnerability towards infections and new malware threats are expected to rise in the coming years.

Predictions also indicates to increased attack on critical infrastructure due to cyber warfare campaigns and operations by nations and other actors. It says the need of encryption of data would increase with the rise of communication and interaction between people and systems over insecure and vulnerable networks like the Internet.