The risks to cybersecurity have been increased with the arrival and sophistication of novel technology. There have been multiple breaches to the security of the internet world. In the wake of such attacks, multiple flaws have been witnessed like crypto-jacking, massive data breaches, flaws in microchips, and many more. With such weaknesses in the system, hackers find it easy to breach through it and inflict heavy losses to the companies which are naïve and do not follow certified protectors. They can target newly-launched blog or they can attack such companies which do not pay much heed to cybersecurity.
Cloud Vulnerability
Cloud vulnerability has always been a sensitive issue for many companies facing cybersecurity issues and it will be one of the key issues in 2020. Multiple organizations will be faced with cloud vulnerability problems because they save their sensitive data on the cloud. This data includes business records, employees record, and other operational data. The traffic of companies on the cloud is always surging. As per reports of Forbes, more than 83 percent of enterprise data will be shifted to the cloud by 2020. With so much traffic on the cloud, hackers will be watching all this and they will be tempted to attack with so many flaws in the cloud. Firms that will not pay heed to their cloud security will face misconfiguration, malicious insider threats, data breach, insecure interfaces, and DDoS attacks. Moreover, cloud companies like Amazon and Google are investing in abundance to improve their cloud security because they have data of a lot of companies with them. However, this does not give them immunity to all the risks in the cloud.
AI-Enhanced Cyber threats
AI and Robotics are the future of mankind. Ever since its arrival, it has revolutionized the world in every sphere. It has taken over almost every work from humans or at least lessened the burden. AI is new for mankind and still, there are multiple vague and grey areas in it. This is why it is a risk for us. AI is not only beneficial for us but also to hackers. It has been proven a boon to hackers. Now, they have as much accessibility to the privacy of masses as they never had before. Whatsoever can be done with greater benefit with the help of AI can also be undone by breaching its security protocols.
AI Fuzzing
AI Fuzzing is the integration of AI and traditional fuzzing techniques. This can be used to find and detect the vulnerabilities in the system. This looks beneficial for the enterprises and business holders but it also has an evil side. Cyber hackers can use it to begin, automate, and expedite zero-day attacks.
Machine Learning Poisoning
Machine Learning Poisoning is done by hackers as they use the model of the machine and inject in them the instructions as per their wants. This process takes data most of the time from social media because such platforms are most vulnerable. Hackers also get benefit from purchasing histories, satisfaction ratings, and other user-generated information.
Smart Contract Hacking
Smart contract hacking is in its early development and many enterprises are using it as a source to execute digital asset exchange. Due to the smart contract system, Ethereum has become famous. Smart contracts are the software that has a self-executing code. This code is followed by the developers to form some kind of blockchain-based application. As discussed earlier, this field is new and there are multiple gaps in it. Due to such gaps, criminals find it easy to corrupt this system and inflict losses on the user.