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13 security threats in 2012 by Verizon for businesses and consumers to guard against

It really comes as no surprise that the multi-device and multi-platform environment that has bloomed with the Internet adoption in Asia.

That said, the Internet craze in Asia and across the globe has brought new security challenges to the table for all businesses, with companies like Sony, Visa and Amazon not being spared in the “massacre” that was carried out by groups like LulzSec and Anonymous.

So the question is, how can you, as a company or user be better prepared? Here are some forward looking trends from Verizon that may help you plan ahead for the coming year:

  1. Mobile Malware Is on the Rise.
    Malware targeting mobile devices will continue to increase, and enterprises will wrestle with how to protect users.  Obvious targets will be smartphones and tablets, with the hardest hit likely to be Android-based devices, given that operating system’s large market share and open innovation platform. All mobile platforms will experience an increase in mobile attacks.
  2. Criminals Target and Infect App Stores.
    Infected applications, rather than browser-based downloads, will be the main sources of attack.  Because they are not policed well, unauthorized application stores will be the predominant source of mobile malware.  Cybercriminals will post their infected applications here to attempt to lure trusting users into downloading rogue applications.  Cybercriminals also will find ways to get their applications posted into authorized application stores.  And infections can easily spread beyond the smartphone and into a corporate network, upping the ante on risk.
  3. Application Scoring Systems Will Be Developed and Implemented.
    To reassure users, organizations will want to have their application source code reviewed by third parties.  Similarly, organizations will want to be sure that the applications approved for use on workers’ devices meet a certain standard.  It is anticipated that the industry will develop a scoring system that helps ensure that users only download appropriate, corporate-sanctioned applications to business devices.
  4. Emergence of Bank-Friendly Applications With Built-In Security.
    Mobile devices will increasingly be used to view banking information, transfer money, donate to charities, and make payments for goods and services, presenting an opportunity for cybercriminals, who will find ways to circumvent protections.  To help ensure the security of online banking, the banking industry is likely to begin to offer applications that have strong, built-in security layers.
  5. Hyper-connectivity Leads to Growing Identity and Privacy Challenges.
    In today’s business environment, more users need to legitimately access more data from more places. This requires the protection of data at every access point by using stronger credentials, deploying more secure, partner-accessible systems, and improving log management and analysis. Compounding the issue are a new age of cross-platform malicious code, aimed at sabotage, and mounting concerns about privacy. Enterprises will no longer be able to ignore this problem in 2012, and will have to make some hard choices.
  6. New Risks Accompany Move to Digitized Health Records.
    In the U.S., health care reform and stimulus funding will continue to accelerate the adoption of electronic health records and related technologies throughout the industry.  The American Recovery and Reinvestment Act calls for all medical records to be electronic by 2014, meaning that much work must be done in 2012 and 2013 to prepare.   New devices will be introduced that send sensitive information beyond the traditional boundaries of health care providers, and more and more health care providers are using mobile devices.  Along with the need to secure newly implemented EHR systems, securing mobile devices and managing mobile clinical applications will continue to be an ever-increasing focus in the health care industry.
  7. Mobile and Medical Devices Will Begin to Merge.
    Mobile devices and health care apps will proliferate, making it easier, for example, to transform a smartphone into a heart monitor or diabetes tester.  As a result, some experts believe that industry health care groups will declare mobile devices to be medical devices in order to control and regulate them.  As interoperability standards mature, more mobile devices and traditional medical devices will become nodes on an organization’s network. These devices also will share data with other devices and users and, as a result, be susceptible to the same threats and vulnerabilities that computers and other network-attached peripherals, such as printers and faxes, are susceptible to today.
  8. Smart Grid Security Standards Will Keep Evolving.
    In the U.S., public utility commissions, along with the National Institute of Standards and Technology, will continue to develop smart-grid standards.  State PUCs will begin to agree on a standard in the coming year.  The government will increasingly require utilities to demonstrate that their smart grid and advanced metering infrastructure solutions protect not only the privacy of consumers and consumer usage data but also the security of the AMI infrastructure.  At some point, a single federal framework will supersede state regulations and requirements.
  9. New Concerns Will Surface About IPv6.
    The federal government is still struggling with the rollout of IPv6-enabled devices as organizations migrate from IPv4.  This will be an ongoing concern, and IPv6 specific vulnerabilities and threats will continue to cause trouble during 2012. In addition, the other two fundamental mechanisms of the Internet — Border Gateway Protocol and Domain Name System – also now offer a next-generation version.  In 2012, many will start migrating to these newer versions, generating a new round of vulnerabilities and exploits.
  10. Social-Engineering Threats Resurface.
    More targeted spear-phishing — an email-fraud attempt that targets a specific organization, seeking unauthorized access to confidential data – will be the major social-engineering threat of 2012.  Efforts to educate user communities about safe computing practices will continue to be a challenge as the user base of smart devices increases dramatically.  Social networking sites will continue to implement protection for users from malware, spam and phishing, but sophisticated threats will continue to seduce users to visit a rogue Website or reveal personally identifiable information online.
  11. Security Certification Programs Will Increase in Popularity.
    Certifications will continue to increase, especially as the government accelerates IT mandates for its agencies in the areas of cloud and identity; and in turn, the private sector will follow suit. Internet threats will continue to affect business, government and user confidence and wreak havoc on computing devices in the office and at home.  The challenge for all testing bodies will be to stay ahead of the ever-changing threat landscape and to evolve testing accordingly.  Some testing bodies may suggest certifying the security of companies as a whole, not just their products or services, as a way to build trust online.
  12. ‘Big Data’ Will Get Bigger, and so Will Security Needs.
    ”Big data” — large data sets that can now be managed with the right tools — will be popular in 2012 as more companies derive greater value through analytics. Companies will use the data to create new business opportunities while empowering evidence-based decision making for greater success.  However, companies will need to secure this data in order to achieve the gains they seek.
  13. Safeguarding Online Identities Will no Longer be Optional. 
    With the rampant growth of online identity theft, consumers, businesses and government agencies are seeking ways to better protect their identities.  These groups will look to the private sector to provide a cost-effective solution that helps to safeguard their identities and create greater online trust.

For more information, read Verizon “2011 Data Breach Investigations Report

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