5 biggest cyber threat in 2020 and their solution

New year is here and new threats also. We are almost done with first month of 2020, companies are in their full action to tackle the cyber threats they will be facing in 2020. On other side attackers are constantly trying for new exploits, loopholes and strategies to devastate and damage companies, some older threat strategies will remain in force amongst the frequently occurring threats to a business cybersecurity. New year is here and new threats also. We are almost done with the first month of 2020, companies are in their full action to tackle the cyber threats they will be facing in 2020. On other side attackers are constantly trying for new exploits, loopholes and strategies to devastate and damage companies, some older threat strategies will remain in force amongst the frequently occurring threats to a business cybersecurity. What are some of the major cybersecurity menace to watch out for in 2020? According to V2s tech experts, the biggest threats are:

1) Phishing or Social Engineering Attacks

What’s a Phishing Attack?

Phishing attacks comes in niche of social engineering attack where the person attacking to create menace, generate a fraudulent email, text, or website to trick an innocent person into surrendering private and sensitive informationsuch as login credentials for work, passwords to online accounts, credit card info, your pan or aadhar card number, online wallet detail, bank account details or passports etc.On all the threats on this list, phishing emails are among the most damaging because they directly trick a person into giving up their access of sensitive credentials, and then exploitation of that sensitive information for bringing havoc into your daily life and work. In addition, as time is unfolding people are getting vulnerable for falling into this problem as more attackers are using phishing strategies due to convincing things like cheap, effective, and easy they are. It’s almost risk-free, less suspicious with minimal investment to time, money and effort this all lures the cybercriminal.

How to avoid Phishing Attacks?

• Some counters attack to phishing and other social engineering menace are:
  Educate yourself about phishing so you can recognise a phishing attempt.
• Keep your password and other credentials at safest place and do not share with every other people
• Using custom anti-phishing solution and softwares to detect malicious emails that contain dangerous links or checking information from phishers for avoiding those spammed emails on first place.

By following these three things, you can mitigate the risk and damage of phishing email attacks beforehand.

2) IoT-Based Attacks

What’s an IoT-Based Attack?

In common parlance, an IoT attack is a type of cyberattack that operates through a victim’s use of internet supported devices like smart devices such as Internet enabled speaker, appliances, watch and other. To sneak malware onto a network, attackers aims IoT devices specifically because they are usually go unnoticed when it comes to drawing security boundariesmaking them easier to violate your security.

How Can Be done to be bulletproof against IoT Attacks?

A key part of preventing IoT-based attacks is having a thorough information of all your internet-connected devices on the network on what operating systems they are based. Updating the firmware for these devices is also necessary, as this can help to dodge the exploits that have been fixed by the manufacturer.Additionally, Whenever you adding smart devices to your work place or at home dont forget to document them, and see if there are any firmware that demanding update that can be run before installing them in your work or home.

3) Ransomware

How Does Ransomware Attacks Occur?

Ransomware attacks generally follow same strategies that attacker gets introduced and infects a victims systems with an alien piece of malware that encrypts all of their data. And in climax victim gets presented with a call that give you ultimatum either pay the ransom or lose the your data forever.Even in 2020, ransomware is not less dangerous threat than it ever was. Most of the days, businesses face the risk of encryption malware coming to their system and damaging their data.

What measures to take Stop Ransomware Threats?

There are a few strategies for taking upper hand with ransomware. The primary step is to use strong all rounder sphere of security for example firewalls, to prevent malware from getting entered to your systems. Secondly, individual workstations should install antivirus softwares that has features to scan email attachments for encryption malware.Lastly, securing a place that saves an offsite backup of all of your most preciously important business data, could possibly help to protect your business against loss. If your system gets infected, you can get back your data from the backup.

4) Internal Attacks

How Insider Attacks is a Threat?

The reason why insider attacks remain for year after year is that they have an enormous potential to cause damage. One disgruntled or careless employee can break your network security open wide enough to allow for a major data security breach.Additionally, these attacks can be hard to predict and prevent without thorough preparation.

How To be immune against Insider Attack?

To minimize risk in case of an internal attack, one of the best things that any business can do is to use a policy of least privilege to limit what systems and IT resources any user can access to the minimum required for their job. That way, if an employees user account is compromised or intentionally abused, the damage caused can be kept to a minimum.While not a foolproof plan, it can down your exposure to risk. Also, taking back a user accounts access passwords once it has been compromised can help to contain the attack and prevent the account from being used to do more further damage in the future.

5) Asynchronous Procedure Calls in System Kernels

What’s an Asynchronous Procedure Call?

As per in the Ars Technica article, APCs, “Are a way to temporarily direct a thread to stop running the function it’s running. They switch to running a different function; when that different function is done, the tread starts performing the original function from where it left the same.” The problem driver function in the machines was made to be a means of a satisfying feature that the software would keep running in case it crashed, but it also came out as a serious cybersecurity risk. Actually, they’re various way to interrupt processes and force the system to work on new ones and run them, often unnoticed and undetected by the system’s user since the interruption is in the system kernelsomething that non-IT people got no idea about.

How to prevent Asynchronous Procedure Call Attacks?

One of the best ways to counter such threats is to keep updating software and to delete unsupported software that are not useable.Need help to protect your business against the numerous and above given cybersecurity threats it come across? Contact us for more cybersecurity advice, or set a meeting with us to get best tailored approach to deal with cyberthreat for your business today.