2019 is gone and a new decade is in sight. 2020 is said to be a year that will bring on many changes in many different realms, but what does that mean for cybersecurity? With the rapid advancements in technology come better, more sophisticated tactics for cybercrime, and in return, pressing demand for innovative cybersecurity solutions.
Cybercriminals have become more sophisticated than ever, finding and exploiting vulnerabilities wherever they can. These crimes cost the global economy around $45 billion in damages in 2018 alone, and likely much more in 2019. Hence, it is no surprise that spending on cybersecurity solutions will likely exceed $1 trillion between 2017 and 2021. So what kind of cyber threats can we predict for 2020, and how can we protect ourselves from them?
File-less malware attacks are on the rise. As a result, much has been written on this sophisticated form of attack, which is able to evade traditional anti-virus solutions due them not needing to install any malware to infect the victim’s machine. Instead, they take advantage of existing vulnerabilities in every computer and uses common system tools, such as Windows Management Instrumentation (WMI) or PowerShell to inject malicious code into normally safe and trusted processes.