Top five threats to data security in 2018 warned by the McAfee!

Online security services and software provider, McAfee Inc. has recently released its McAfee labs 2018 Threat Predictions. The predictions reveal five key trends to watch in the upcoming year. The main focus of this year’s report was on the evolution of the most harmful threat Ransomware from old to new applications.

Apart from this, other main issues to consider in the report were the cyber security implications of serverless apps, the consumer privacy implications of corporations observing their consumers in their own homes, long-term connotation of corporations collecting children’s user-generated information, and the emergence of a machine learning innovation race between adversaries and defenders.

Steve Grobman, CTO for McAfee said in a report that “The Ransomware affected huge number of the computer users this year and this reminds us of how dangerously a threat can reinvent itself as an online attacker just to innovate and adjust to the successful efforts of defenders”. He also added that “we all must understand that even if the technologies like machine learning, deep learning and the most advanced one, the artificial intelligence will be the future of cyber defenses, our adversaries are working just as furiously to innovate and implement around them.”

The report depicts the opinions and suggestions of a number of McAfee through leaders from McAfee labs, McAfee Advanced Threat Research as well as members of the office of the CTO. This report has also examined the present scenario and trends in the cyber crime and IT evolution. It also anticipated the future of almost all the organizations willing to make the most of upcoming technologies in order to offer better security protection. These technologies are:

  1. Serverless applications are time consuming and also minimize cost. These apps will also aid in increasing attack surfaces for the companies using them for their business growth purpose
  2. An adversarial machine learning “arms race” will evolve among defenders and attackers
  3. Ransomware, the most dangerous threat of this year pivot from old extortion to the new targets, objectives and technologies
  4. Connected home device service providers as well as manufacturers will ask to overcome small profit margins by collecting more of our personal data, either with or without the consent of the of the users. This will turn the home into a corporate store front.
  5. Different companies gathering children’s digital content will pose long-term reputation risks

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