Ransomware to decrease in 2017: Intel Security report

The 2017 threats predictions point to increased sophistry of cyber-attackers but anticipates strong industry fightback

Tags: Intel Security Group (www.intelsecurity.com)United Arab Emirates
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Ransomware to decrease in 2017: Intel Security report To change the rules of the game between attackers and defenders, we need to neutralise our adversaries’ greatest advantages, says Weafer.
By  David Ndichu Published  November 30, 2016

Intel Security has released its McAfee Labs 2017 Threats Predictions Report, which forecasts a decrease in ransomware attacks in 2017, among other 13 threat trends to watch out for next year.

The report reflects the opinions of 31 Intel Security thought leaders. It examines current trends in cybercrime and makes predictions about what the future may hold for organisations working to take advantage of new technologies to both advance their businesses and provide better security protection. 

“To change the rules of the game between attackers and defenders, we need to neutralize our adversaries’ greatest advantages,” said Vincent Weafer, vice president of Intel Security’s McAfee Labs. “As a new defensive technique is developed, its effectiveness increases until attackers are compelled to develop countermeasures to evade it. To overcome the designs of our adversaries, we need to go beyond understanding the threat landscape to changing the defender-attacker dynamics in six key areas: information asymmetry, making attacks more expensive, improving visibility, better identifying exploitation of legitimacy, improving protection for decentralized data, and detecting and protecting in agentless environments.”

2017 threats predictions

The 2017 threats predictions run the gamut, including threats around ransomware, sophisticated hardware and firmware attacks, attacks on “smart home” IoT devices, the use of machine learning to enhance social engineering attacks, and an increase in cooperation between industry and law enforcement:

  • - Ransomware attacks will decrease in the second half of 2017 in volume and effectiveness.

  • - Windows vulnerability exploits will continue to decline, while those targeting infrastructure software and virtualization software will increase.

  • - Hardware and firmware will be increasingly targeted by sophisticated attackers.

  • - Hackers using software running on laptops will attempt “dronejackings” for a variety of criminal or hacktivist purposes.

  • - Mobile attacks will combine mobile device locks with credential theft, allowing cyber thieves to access such things as banks accounts and credit cards.

  • - IoT malware will open backdoors into the connected home that could go undetected for years.

  • - Machine learning will accelerate the proliferation of and increase the sophistication of social engineering attacks.

  • - Fake ads and purchased “likes” will continue to proliferate and erode trust.

  • - Ad wars will escalate and new techniques used by advertisers to deliver ads will be copied by attackers to boost malware delivery capabilities.

  • - Hacktivists will play an important role in exposing privacy issues.

  • - Leveraging increased cooperation between law enforcement and industry, law enforcement takedown operations will put a dent in cybercrime.

  • - Threat intelligence sharing will make great developmental strides in 2017.

  • - Cyber espionage will become as common in the private sector and criminal underworld as it is among nation-states.

  • - Physical and cybersecurity industry players will collaborate to harden products against digital threats.

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