Latest News  

Accenture Security Report identifies top cyber threats in 2017

Destructive ransomware, alternative crypto-currencies and increased use of deception tactics among threats driving even more lucrative criminal marketplace are among top cyber threats in 2017 identified by Accenture's latest report.

2017-08-29 19:35:33

With recent large-scale cyber attacks signaling a growing front in destructive threats and business impact, a new midyear report from iDefense, part of Accenture Security, reveals how threat actors are continuing to evolve their ability to avoid detection. Based on in-depth analysis, the report anticipates a growth in the number of threat actors who are rapidly expanding their capabilities due to factors such as the proliferation of affordable, customizable and accessible tools and exploits.

The 2017 Cyber Threatscape Report examines key trends during the first half of 2017 and explores how cyber incidents may evolve over the next six months. This report relies on iDefense intelligence collection, research, and analysis including research using primary and secondary open-source materials. It covers the increased prevalence of destructive attacks and adversary denial and deception tactics; the aggressive use of information operations by nation-states; growth in the numbers and diversity of threat actors; as well as the greater availability of exploits, tools, encryption, and anonymous payment systems available to malicious actors.

"The first six months of 2017 have seen an evolution of ransomware producing more viral variants unleashed by potential state-sponsored actors and cybercriminals. Our findings confirm that a new bar has been set for cybersecurity teams across all industries to defend their assets in the coming months," said Josh Ray, managing director at Accenture Security. "While the occurrence of new cyber attack methods is not going away, there are immediate actions companies can take to better protect themselves against malicious ransomware and reduce the impact of security breaches."

Other notable observations from the report include:
• Reverse Deception Tactics – Increasing cybercriminal use of deception tactics including anti-analysis code, steganography, and expendable command-and-control servers used for concealment of stolen data. Greater public reporting on cyber threat activity and attribution may accelerate this denial and deception trend, increasing the cost of cyber defense efforts and resource allocations.
• Sophisticated Phishing Campaigns – Cybercriminals continue to craft familiar lures—subject lines mentioning invoices, shipping, resumes, wire transfers, missed payments— but ransomware is displacing banking trojans as one of the most prevalent types of malware delivered via phishing techniques
• Strategic Use of Information Operations – Escalation of espionage and disruption activity from state-sponsored actors may likely continue in response to fulfilling strategic collection requirements and geopolitical triggers such as economic sanctions, military exercises and religious conflicts.
• Alternative Crypto-Currencies – Bitcoin continues to be the currency of choice among cybercriminals, however, the need to better conceal transactions is forcing cybercriminals to either develop and leverage bitcoin laundering techniques or adopt alternative cryptocurrencies.
• DDoS-for-Hire Services – Distributed denial of service (DDoS)-for-hire services have given way to a thriving DDoS-for-hire botnet ecosystem leading to threat actors gaining greater access to increasingly potent and affordable DDoS-for-hire tools and services.
Effective components for a business continuity plan include:
• Adopt proactive prevention – Recognize phishing scams through prevention training and awareness programs. Make it easy for employees to report fraudulent e-mails quickly, and keep testing internally to prove the training is working.
• Elevate e-mail controls – Maintain strong spam filters and authentication. Scan incoming and outgoing e-mails to detect threats and filter executable files. Consider a cloud-based e-mail analytics solution.
• Insulate your infrastructure – Remove or limit local workstation admin rights or seek out the right configuration combinations (e.g. (virus scanners, firewalls). Regularly patch operating systems and applications.
• Plan for continuity – To avoid paying any ransom have a strong cyber resilience plan for recovery that is regularly reviewed, updated, and tested.

About Accenture

Accenture is a leading global professional services company, providing a broad range of services and solutions in strategy, consulting, digital, technology and operations. Combining unmatched experience and specialized skills across more than 40 industries and all business functions – underpinned by the world's largest delivery network – Accenture works at the intersection of business and technology to help clients improve their performance and create sustainable value for their stakeholders. With more than 411,000 people serving clients in more than 120 countries, Accenture drives innovation to improve the way the world works and lives. Visit us at www.accenture.com.

Accenture Security helps organizations build resilience from the inside out, so they can confidently focus on innovation and growth. Leveraging its global network of cybersecurity labs, deep industry understanding across client value chains and services that span the security lifecycle, Accenture protects organizations' valuable assets, end-to-end. With services that include strategy and risk management, cyber defense, digital identity, application security and managed security, Accenture enables businesses around the world to defend against known sophisticated threats, and the unknown.


0 COMMENTS ^ Go back to Top
WRITE A COMMENT ^ Go back to Top
 
Your email address will not be published.
Nickname
Email
Comment
Validation Code
   
 
 
NEWS
3Pillar Global hired 72 professionals this year, looking for further recruitments

Global custom software development company hired 72 IT specialists in 2019, adding to the team of 500 professionals working in the company's Romanian offices located at Cluj-Napoca, Iasi and Timisoara.

 Read Full article »
JLL: Total office space in Bucharest to reach 3 million sqm

The second quarter of 2019 reconfirmed the increased interest for the office market in Romania. Over 115,000 square meters of office space were leased over this period at the national level, a value similar wit

 Read Full article »
Horváth & Partners launches Steering Lab, Big Data and Machine Learning-based excellence center

Management consultant Horváth&Partners announced it launched an excellence center in Romania, Steering Lab, AI-based and using tools of Big Data and Machine Learning.

 Read Full article »
Colliers International takes over the property management of Vastint's Business Garden Bucharest

The real estate consultancy company Colliers International will be in charge with the property management of the office compound Business Garden Bucharest, developed by Vastint in Orhideea area in Bucharest.

 Read Full article »
Survey: Romanians switch to a lower-paying job for other advantages

One out of five Romanians took at least once throughout their career a lower-paying job and two out of five would take a lower-paying job in exchange for other advantages they see as more valuable, a survey con

 Read Full article »
Fujitsu named a leader in Gartner Magic Quadrant for Data Center Outsourcing and Hybrid Infrastructure Managed Services, Europe

Gartner has once again named Fujitsu a Leader in the 2019 Gartner Magic Quadrant for Data Center Outsourcing and Hybrid Infrastructure Managed Services, Europe. This is the seventh consecutive year that Fujitsu

 Read Full article »
KKR enters exclusive negotiations with GBL for Webhelp Group

KKR, a leading global investment firm, announces it has entered into exclusive negotiations to sell a majority stake in the Webhelp group to Groupe Bruxelles Lambert (GBL). GBL will invest alongside Webhelp's

 Read Full article »
TELUS International continues to grow in Bucharest

In order to support the extensive hiring planned for TELUS International in Bucharest this year, the company has acquired 1,200 sqm more space, in addition to the 8,800 sqm office space it has in AFI Park.

 Read Full article »
EY: Four out of five companies plan to reduce their legal spend over the next two years

Eighty-two percent of companies plan to reduce their legal function costs over the next two years, with 42 per cent of respondents planning on doing so by more than 10 per cent, according to a new report releas

 Read Full article »
ANCOM: About 15 million connections affected by security

About 15 million connections were affected in 2018 by security incidents that had in view the security and integrity of electronic communications networks and services, most of them being about mobile telephony

 Read Full article »
 
 
 
MOST READ ARTICLES
» Raiffeisen Bank Romania outsources onl...
» Horváth & Partners launches Steering ...
» JLL: Total office space in Bucharest t...
» Genpact, Luxoft and Oracle, top lessee...
» SSC in Romania. Who takes the lion's s...
» Oracle results pushed down by a strong...
» World-class HR organizations now spend...
» Romanian employers report the stronges...
» ROMANIAN OUTSOURCING AWARDS FOR EXCELL...
» Eucom: Nine out of ten corporate Roman...
 
EDITOR CHOICE
My HR Lab: Research of suitable candidates and giving feedback to rejected ones, the biggest challenge in HR

During June 2019, My HR Lab company run an online (social media platforms) survey "Challenges of the recruitment process" which enrolled over 100 professionals working in HR and recruitment in Romania.

 Read Full article »
The local market needs more added-value and complex projects to be developed by the companies

The statement has been uttered within this year's Romanian Outsourcing and Shared Services Summit by Catalina Dodu, Country Manager at Atos, pointing to the local enablers that could enhance the innovation and

 Read Full article »
The office market at a glance: The round for tenants is on

Data provided by CBRE show that the office spaces segment will continue to grow rapidly in 2019, and 15 new projects covering 304.000 sqm will be delivered. According to the real estate consultancy agency, curr

 Read Full article »
People Empowering Business Forum 2019 to take place on October, 30 at Bucharest

Latest trends like demographic upheaval, globalization, digital technology, and changing social values and worker expectations, are disrupting business models and radically changing the workplace. These are req

 Read Full article »
Addressing the mantra of cyber-security: Confidentiality, integrity and availability

The fast advancement of technology in all the aspects of everyday life, either personal or professional, and the emerging of AI (Artificial Intelligence) and ML (Machine Learning), not to mention cloud technolo

 Read Full article »
Latest News  
 
about us | newsletter | contact | members area | GDPR policy
Copyright © 2015 by Diplomat Media Events Design by Diplomat Media Events