Monday, December 29, 2014

How you could become a victim of cybercrime in 2015

From The Guardian:

How you could become a victim of cybercrime in 2015

Banking and healthcare companies at risk

A parallel trend cited by several of the companies is the prospect of attacks on bigger companies in the private and public sector, with cybercriminals having specific goals in mind.

“Cybercriminals will go after bigger targets rather than home users as this can generate more profits for them. We will see more data breach incidents with banks, financial institutions, and customer data holders remaining to be attractive targets,” suggests Trend Micro.

“Weak security practices like not using two-factor authentication and chip-and-pin technology continue to persist in the banking sector. These practices will cause financially motivated threats to grow in scale throughout the coming year.”

Healthcare is also expected to be a target. “Companies operating in the sector are a privileged target because of the wealth of personal data they manage, and that represents a precious commodity in the criminal underground,” notes InfoSec Institute.

“Healthcare data are valuable because medical records can be used to commit several types of fraudulent activities or identity theft. Their value in the hacking underground is greater than stolen credit card data.”

WebSense’s Carl Leonard agrees. “The healthcare industry is a prime target for cybercriminals. With millions of patient records now in digital form, healthcare’s biggest security challenge in 2015 will be keeping personally identifiable information from falling through security cracks and into the hands of hackers.”

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