Authored by: Tom Kellermann, Cybersecurity Strategist at VMware Carbon Black
Evolving and advancing techniques, tactics and procedures (TTPs)
“Cloud jacking and subsequent island hopping will become a more common practice and attackers will look to leverage an organization’s infrastructure and brand against itself. Bluetooth low energy attacks (BLE) will also become more commonplace as hackers look to take advantage of the fact that many IoT devices are dependent on this transmission layer. Access mining-as-a-service will grow as criminals see the utility in purchasing access to compromised environments.”
The cyber scene in Singapore
“CIOs in Singapore have become more confident in their ability to fend off cyberattacks over the past year, and this consensus is especially strong within the financial services sector where 93% of businesses feel more equipped. However, these CIOs are also seeing clouds building on the horizon revolving around mission-critical projects such as digital transformation and the roll-out of 5G networks. A larger attack surface and greater dependency on digital infrastructure means the risks of malicious attack are amplified and businesses are concerned that this will mean more opportunities for cybercrime, and the development of more effective and destructive methods.
There is concern that these emerging threats will require bigger security teams drawn from a talent pool that is small, and subject to intense competition, as more organisations compete for limited resources. This will force companies to be creative and thorough in the way they approach cyber-defence. Greater automation, AI and tools that offer complete visibility of complex and evolving networks will be required. Resource efficiency will be a buzzword as businesses aim to maximise the capability of teams to detect and mitigate threats and invest intelligently in the tools that empower their teams to build on that growing confidence and maintain proactive cyberdefence.”