As cybercrime continues to speed up, cybersecurity ventures predict that cybercrime damages will surpass $6 trillion by 2021. Cybercriminal activity will soon become one of the biggest challenges that humanity has ever faced in the past two decades. During the present age of cyber warfare, the threat of cybercrime to businesses also keeps mounting by each passing day – which implies that having cloud antivirus isn’t enough anymore!
Cybercriminals are using state-of-the-art tools to breach user privacy, and there are a lot of common cyber threats, the outcomes of which are quite staggering for them. It is, so, crucial to defend yourself. In 2017, 2 billion data records were compromised whereas, at the beginning of 2018, over 4.5 billion records were breached. But the question here is, what does 2020 holds in this prevailing situation?
Let’s take a look at the most straining 2020 Predictions for Cybercrimes!
Phishing Kits Are Evolving
Hidden Weak Spot for Cyberattacks
The rapid increase in the number of remote attacks has made them far more difficult than ever today. The recent remote access attack took place in 2018, where attackers targeted cryptocurrency owners. Moreover, remote access attacks are one of the most common attack vectors in smart homes – hackers target computers, smartphones, IP cameras, and NAS devices, as these tools often need ports open and advanced to the internet.
Malware Attacks on Smartphones
According to RSA, more than 60% of online scams are through mobile platforms, and 80% of mobile frauds are done through mobile apps instead of mobile web browsers, making smartphones one of the most common attack vectors. As most people use their phones to manage financial operations or handle sensitive data outside the security of their home network, this threat is considered quite severe. Furthermore, users often tend to keep all their information on their smartphones, which is why two-factor authentication is currently becoming one of the most used cybersecurity tools – if your phone gets stolen or lost, your data is still protected from possible threats.
Cyber Intruders Attacking Smart Homes
How does Artificial Intelligence Help?
AI for cybersecurity evasion:
Cybercriminals use different evasion techniques to dodge detection and AI helps in optimizing different elements of this process.
AI in phishing:
When it comes to phishing, AI helps in creating valuable content that can pass through typical cybersecurity filters, like email messages identical to those written by humans.
With new advances in AI-driven technology, exploiting AI in cyberattacks will become a more popular and dangerous trend than ever. So, this year 2020 Predictions for Cybercrimesr will be a turning point in the cybercrime world, as the cyber-risk will exacerbate and affect every business and individual.