CDSA

2016: A Reflection of the Year in Cybercrime (CSO Online)

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First of all it’s that time of year to reflect and be thankful. I want to thank this publication for this blog, for all of my readers and followers on Twitter and LinkedIn, I’m very thankful for my family, friends and colleagues. I’m also thankful to be a free American in the United States of America. God bless all our veterans, troops including my nephew Trevor who serves in the Navy and all first responders who sacrifice everything for each of us every day.

Last year Security Intelligence reported that 2016 predictions would include a more targeted focus on business. We are not fighting lone hackers but rather full blown organized groups with highly experienced developers with deep knowledge that is always a step ahead of us. They went on to say that mobile would see a quantum leap in fraud capabilities. This is because most of us are doing more with our highly capable smartphones from Apple and Google and letting our laptops collect dust. The predictions included the fact that cyber extortion would likely escalate and it has with massive ransomware attacks on police departments and hospitals.