CyberArk: Top security predictions for 2015

CyberArk: Top security predictions for 2015

"The prevalence of poor password policies is mind boggling..."

The Internet of Things (IoT) in enterprises

In 2015, enterprises will start to adopt devices that communicate with each other, giving rise to the Internet of Things (IoT).

According to Gartner, 4.9 billion connected things will be in use next year, an increase of 30 per cent from 2014.

"Security issues surround IoT will also gain traction due to the fact that these devices are not inherently secure which could potentially lead to device hacks or data leakages," CyberArk claims.

"Organisations will increasingly be concerned with who manages and operates these devices, and technology approaches to manage the security and risk of IoT."

The emergence of more severe banking threats

Malware targeting the banking industry is expected to be more advanced in 2015.

"Other than the usual phishing and social engineering attacks, banking malware used by cybercriminals are expected to be stealthier, being able to hide on networks, targeting privileged accounts," CyberArk says.

As a result, they will also have capabilities such as being able to steal users' credentials, along with harvesting data to send back to command-and-control systems used by cybercriminals.

"This will prompt enterprises to invest is safeguarding and restricting access to data on networks," CyberArk adds.

Healthcare industry gains popularity among cybercriminals

The healthcare industry will be a key target of cyber attackers in 2015.

A report by BitSight Technologies has already found that the healthcare and pharmaceutical industry ranks the lowest in terms of security performance compared to the finance, utility and retail sectors.

Such data has a longer shelf life and are therefore more valuable than users' financial data which are likely to change over time.

"We expect to see campaigns targeting patients' records in the healthcare industry," CyberArk states.

"With IoT gaining traction among organisations, there could potentially be security breaches of medical devices such as pacemakers."

Read more: Changing of the guard at ASI Solutions

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