In 2016, we saw severe cyber security incidents within the financial industry in the Asia Pacific (APAC), Europe, the Middle East and Africa (EMEA) and elsewhere. While the financial industry was one of the most targeted industries, advanced and organized groups – including nation-state actors – targeted many other industries as well. Additionally, politically motivated cyber attacks were observed against specific nations involved in regional or country-specific conflicts. By the end of the year, significant disruptive attacks against enterprises, investigative journalists and service providers were also observed.
We don’t expect these attacks to slow in the coming year. For a look at the 2017 security landscape in the APAC and EMEA regions, we present our Questions and Answers: The 2017 Security Landscape – APAC and Questions and Answers: The 2017 Security Landscape – EMEA reports. These reports cover a wide range of predictions for 2017 related to the respective APAC and EMEA regions, including:
- Politically motivated cyber attacks continuing to follow the geopolitical conflicts in the respective region. Ongoing conflicts and potential new conflicts involving nations with mature or well-defined offensive cyber capabilities will continue, with attacks being executed against nations conflicting with their own national interests.
- Doing more with less and automating what is possible. We expect a global talent shortage to hinder organizations and governments from achieving security goals and raising security maturity levels. This talent shortage means doing more with less, so organizations and governments must consider more automation driven tasks when it comes to detection, remediation and incident response.
- Industrial Control Systems and the Internet of Things being a playing field for cyber attacks. The surface area for conducting cyber attacks has been expanding rapidly as more devices become connected. This not only refers to the constantly expanding Internet of Things, which is becoming more attractive for cybercriminals, but also the expanding connectivity of critical infrastructure for easier remote maintenance, operations and administration.
- Cyber criminals continuing to modify and refine their toolset. Ransomware was a significant threat in 2016 and proved to offer a great return on investment for cyber criminals. Cyber criminals will continue to modify and refine the delivery of these malicious payloads – as well as other types of malware – in order to successfully execute their attacks.
It is important to note that many organizations will still be recovering from attacks and breaches carried out in 2016; therefore, the task of preparing for the future threat landscape will be particularly challenging.
To learn more about what to expect in 2017, download our Questions and Answers: The 2017 Security Landscape – EMEA report and Questions and Answers: The 2017 Security Landscape – APAC report. Additionally, listen to our on-demand webinar about these predictions and others.