Analyzing current trends
Over time, hackers have proven to cyber security experts that they can be persistent, more creative, and increasingly sophisticated with their attacks. They have learned how to adapt to changes in the IT landscape so that they can always be effective when they launch attacks. Even though there is no Moore's law, or its equivalent in the context of cyberattacks, it can be said that hacking techniques become more sophisticated each year. In the last few years, there has been an observed trend in terms of the preferred attacks and modes of execution. These include:
Extortion attacks
Previously, in most instances, hackers have been getting revenues for selling stolen data from companies. However, in the last three years, they have been seen using another tactic: extorting money directly from their victims. They may either hold computer files to ransom or threaten to release damaging information about a victim to the public. In both instances, they request money to be paid...