Video | Business Headlines | Internet | Science | Scientific Ethics | Technology | Search

 


2013 predictions: Consumer privacy is in danger

AVG’s Predictions for 2013 –
Cybercriminals will target cloud and mobile

Consumer privacy is in danger from both legitimate and illegal activity.

AUCKLAND – 18 January 2013 –AVG predicts the biggest developments in the threat landscape in 2013 will be ‘traditional’ threats targeting businesses and consumers accompanied by attacks on virtualised cloud infrastructure and threats to privacy from both legitimate and criminal sources

Michael McKinnon, Security Advisor at AVG Technologies AU, said: “Our lives are becoming more closely intertwined with online services, so the potential rewards for cybercriminals in that area grows too. I expect to see more attacks on the cloud services that businesses and consumers rely on day-to-day, both to cause disruption and to steal personal and financial data.”

McKinnon warns that consumers must expect to also find their privacy under attack from legitimate businesses seeking to maximise profits by using personal data without users’ consent.
AVG’s top five digital threats facing businesses and consumers in 2013 are:
1. Privacy: Online advertising on PCs, tablets and smartphones will become even more aggressively personalised as businesses seek to increase capitalise on users’ privacy. Advertisers will use browser tracking, social media trawling and geo-location data to identify individual users, and then serve them a customised program of ads, all without the users’ consent.

2. Cloud security: Attacks against virtualised cloud infrastructure will expose the risks in public cloud services and the large additional investments needed to better secure them. Well-known cloud systems such as Dropbox, SkyDrive, Cloud Drive (Amazon) and Google Drive have reportedly been attacked by malware, and we will see an increase in attacks against such systems from Denial of Service (DoS) /Distributed Denial of Service (DDoS) attacks, which prevent everyday users from accessing a service.

3. Mobile threats: As the world’s most popular mobile operating system, Google’s Android OS is now the prime target for smartphone and tablet malware. Due to security enhancements in Android 4.2, threats will become more sophisticated and use polymorphic code that is designed to mutate in order to avoid detection by traditional app store security.

4. PC threats: The steady increase in popularity of Windows 8 will inspire hackers to reveal new vulnerabilities, develop new-style malware and fraudware, and present new proof-of-concept exploits. The number of infected websites targeting PCs will also increase with the growing popularity of ‘commercial’ exploit kits such as Blackhole, while users’ problems will be compounded by an increased reliance on built-in security systems.

5. Mobile-to-PC threats: Increased connectivity between mobile devices and PCs, combined with the growing Bring Your Own Device trend will make it much easier for malware and viruses to spread across business and home networks. We also expect to register more MITMO (Man-In-The-Mobile) attacks that target PC and mobile internet banking apps. These multi-factor authentication attacks will be stealthier, more polished and more location-oriented.

Michael McKinnon said: “As cybercriminals and hackers use ever more sophisticated attack tools, so too should users of the latest technologies do everything they can to protect their personal information and finances. You may have data in the cloud but keep your feet on the ground! To have the best chance of beating the criminals, run always on, automatically updating antivirus on every one of your Internet-connected devices - be they house bound or mobile.”

-Ends-

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Economic Update: RBNZ Says Rate Cut Seems Likely

The Reserve Bank will likely cut interest rates further as a persistently strong kiwi dollar makes it difficult for the bank to meet its inflation target, it said. The local currency fell. More>>

ALSO:

House Price Action Plan: RBNZ Signals National Lending Restrictions

The central bank wants to cap bank lending to property investors with a deposit of less than 40 percent at 5 percent and restore the 10 percent limit for owner-occupiers wanting to take out a mortgage with a deposit of less than 20 percent, according to a consultation paper released today. More>>

ALSO:

Sparks Fly: Gordon Campbell On China Steel Dumping Allegations

No doubt, officials on the China desk at MFAT have prided themselves on fashioning a niche position for New Zealand right in between the US and China – and leveraging off both of them! Well, as the Aussies would say, of MFAT: tell ‘em they’re dreaming. More>>

ALSO:

Loan Sharks: Finance Companies Found Guilty Of Breaching Fair Trading Act

Finance companies Budget Loans and Evolution Finance, run by former 1980s corporate high-flyer Allan Hawkins, have been found guilty of 106 charges of breaching the Fair Trading Act for misleading 21 borrowers while enforcing loan contracts. More>>

ALSO:

Post Panama Papers: Govt To Adopt Shewan's Foreign Trust Recommendations

The government will adopt all of the recommendations from former PwC chairman John Shewan to increase disclosure and introduce a register for foreign trusts with new legislation to be introduced next month. More>>

ALSO:

The Price Of Cheese: Cheddar At Eight-Year Low

Food prices decreased 0.5 percent in the year to June 2016, influenced by lower grocery food prices (down 2.3 percent), Statistics New Zealand said today. Compared with June 2015, cheese prices were down 9.5 percent, fresh milk was down 3.9 percent, and yoghurt was down 9.2 percent. More>>

ALSO:

Financial Advisers: New 'Customer-First' Obligations

Goldsmith plans to do away with the current adviser designations which he says have been "unsatisfactory" in that some advisers are obliged to disclose potential conflicts of interest and act in their customers' best interests, but others are not. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Sci-Tech
Search Scoop  
 
 
Powered by Vodafone
NZ independent news