The prevention, detection and response to cyber security
in 2016 will view a sea of changes, says a new report from Forrester
Research. According to Forrester, the five cybersecurity predictions and
resulting actions to be taken in 2016 are as follows: In this
disruptive technologies era, were wearables and IoT is expected to be
more prevalent, the security and risk professionals should focus and
reexamine the existing security functions in through a new angle. They
should consider the human factor also while addressing the security
threats. The second prediction is on Governments security capabilities.
The research firm has given a bleak assessment of the security
capabilities of US government, which is short staffed, under-budgeted
and lacking internal discipline. The third prediction was about the
expected increase of security and risk
spending by 5 to 10 % in 2016. Fourth comes the defense contractors’
prospective entry to private industry with claims regarding ‘Military
grade’ security. However, Forrester warns private players to thoroughly
watch the commercial experience and their commitment before acquiring
them. The fifth prediction covers the HR department that they will bring
in identity and credit protection and resolution services as an
employee benefit, in this era of increasing fraud, identity theft,
medical identity theft and damage to personal online reputation. Read More:
As the holiday season is coming up, the cyber security
researchers in the US warns about a malware, ModPOS, which is largely
undetectable by current antivirus scans. The firm also points that the
malware has infected even some of the national retailers. According to
the researchers, it is one of the most sophisticated point-of-sale
malware with a complex framework which is capable of collecting a lot of
detailed information about a company, including payment information and
personal log-in credentials of executives. To address the threat, the
companies need to use more advanced forms of encryption to protect
consumer data. Point-to-point encryption where a consumer’s payment card
data is unlocked only after it reaches the payment processor is one
such effective method to combat the malware threat. Security experts
warn that without such protections, even new credit cards with a chip
technology known as EMV could still be compromised by infected
point-of-sale systems. Read More:
The information security landscape is
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