What to expect from cyber criminals in 2020

Cyber-crime
May 15, 2020

We already know what’s going on around the globe; it’s a stand still for many sectors and a good number of the world’s population is battling the Covid-19 crisis while the rest of us are self-quarantining at home. As we anticipate a victorious win against the pandemic, we have our mobile devices and laptops to keep us busy and away from this global distraction. IT and computing has grown to prominence during these times of massive lockdown, and the online community is buzzing with social, economic and entertainment feeds. As you download that popular app/send payment or donation/spread certain messages with anonymous links you could become a possible victim to cyber-attack. Here are some 2020 cyber-crime trends to watch out for:
Sophisticated phishing
As many employers are sensitizing their workforce into adopting cloud operations it has become very popular and vulnerable. Phishing experts are now using sophisticated tactics to victimize unsuspecting cloud users. In this time and age, people are aware of the digital messages and emails with suspicious links which were initially used to lure unsuspecting victims. 2020 cyber users are not falling for these tricks any more so the only way forward for cyber criminals is other spheres of the cyber scope such as cloud. Cloud applications are very beneficial because you can store sensitive data or private log in and recover them later if your system crashes.
Evolved ransomware strategies
Most companies have resolved to online work and correspondence, but little do they know that they are more exposed to cyber risks than before. Work and data is being transmitted across various VPN’s and if these networks are not secured companies may have their systems ransomed. Cryptocurrency use is another factor that fuels ransomware attacks because once they are successful ransom can be paid anonymously.
Cryptojacking
Online communities are steadily easing to the idea in cryptocurrencies. This has made their mining a much sort after venture. But crypto mining is not for everyone, you must have the latest computer processors for it. Cyber criminals in this trade operate by appropriating third party work and home computer computers to elevate their mining sprees. To the individual victim, cryptojacking allows cyber criminals to make money off their host by piggybanking as for companies and business tact can cause serious system downtime which is often costly.
Internet of Things attacks
Cyber operations run across the internet of things is vastly growing. Many appliances such as laptops, PC computers, smartphones, smart watches, automobiles, home appliances, web cams, home security systems and manufacturing equipment. Thanks to connected devises consumer life is easy and you can run your day to day activities with less stress or strain. As easy as it gets physically the reality of using IoT becomes a virtual risk especially if you’re not leaned in these matters. The IoT connected devises create doorways for cyber invasion because some devices along these devices may or may not be secured. Cyber-attacks on IoT devices can lead to network overload, ransomware or even crisis induced situations that breed havoc.