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More sophisticated cybercrimes in 2014: Trend Micro

Ike Suarez | Dec. 16, 2013
Security solutions vendor warns in annual report

Increased sophistication will characterise cybercrimes this 2014, according to the  cloud security solutions provider, Trend Micro.

The Tokyo-based vendor gave the warning in its latest annual report, "Blurring Boundaries: Trend Micro Security Predictions 2014 and Beyond."

A press statement by Trend Micro announcing the release quoted its chief technology officer Raimund Genes as saying, "We see the sophistication of threats expanding at a rapid pace, which will impact individuals, businesses, and governments alike."

Vulnerabilities

Among the treats from cybercriminals, according to him, would be exploitation of vulnerabilities in mobile banking, targeted attacks on installations, loss of public trust, and possibility of a major security breach taking place each month in 2014.

According to the Trend Micro, some specific threats next year will be the following:

  • Millions of PCs exposed to attacks due to lack of support for popular software such as Windows XP and Java 6
  • An increase to 3 million in the number of malicious and high risk Android apps
  • Banking via mobile devices compromised by increased man-in-the-middle attacks and other advanced threats
  • Increased use by cybercriminals of target attack methods such as open source research and highly customized spear phishing
  • Increased exposure by mobile devices to advanced threats such as clickjacking and watering hole attacks
  • Public trust lessened as a result of revelations of state-sponsored monitoring
  • Law enforcers regularly vexed by the Deep Web in their campaigns against cybercrime

Efforts to restore privacy will result from the breach of public trust brought about by revelations of state-sponsored monitoring, according to the statement.

 

 

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