The world will be ushered into the most deadly and sophisticated cyber threats next year- Kaspersky Lab a cyber-security and anti-virus provider headquartered in Moscow, Russia has warned.
“Overall trend shows that threats will grow in sophistication and become more targeted, diversifying under the influence of external factors, such as development and propagation of machine learning, technologies for deepfakes development, or tensions around trade routes between Asia and Europe,” Kaspersky saidon Wednesday.
Kaspersky has termed this new trend as Advanced Persistent Threats (APTs) in 2020
But exactly why are these threats expected next year and the period ahead? Kaspersky argues that in the past years, there has been loads of data that leaked to several hands and very soon it is going to be used to launch attacks by those holding it.
“The number of personal details available made it easier for attackers to perform targeted attacks, based on victims leaked info,” Kaspersky said in a statement.
For example on November 1st, Rwanda investigation bureau arrested 12 cyber criminals that had broken into Equity Bank stealing large sums of money. The group includes 8 Kenyans, 3 Rwandans and 1 Ugandan.
In October, a hacking group Shadow Kill Hackers hacked into South Africa’s Johannesburg city authority servers and demanded for a ransom or else destroys the data.
“Your servers and data have been hacked,” the note reads. “We have dozens of back doors inside your city. We have control of everything in your city. We also compromised all passwords and sensitive data such as finance and personal population information,” the group threatened.
Authorities immediately responded by shutting down all the IT infrastructure, such as websites, payment portals, and other e-services. A breach was later confirmed via the city’s official Twitter account.
Kaspersky projects that in 2020, the thirst for more data will pick interest in stealing of sensitive leaks, such as biometric data.
Experts also warn that a number of key technologies, that could lure victims of personal data abuse in the attackers’ traps, among them is publicly discussed video and audio Deep Fakes that can be automated and support profiling and creation of scams and social engineering schemes.
“The future holds so many possibilities that there are likely to be things that are not included in our predictions. The extent and complexity of the environments in which attacks play out offer so many possibilities,” says Vicente Diaz, security researcher at Kaspersky.