Palo Alto Networks: five security megatrends for 2022
Source: Palo Alto Networks. Lim. by Ian Lim, Field Chief Security Officer, Asia Pacific, Palo Alto Networks Palo Alto Networks has identified five cybersecurity megatrends for 2022: The meteoric rise of Bitcoin will create a well-funded adversary: cybercriminals are getting richer than ever Cybercriminals are taking data exploitation to the next level, with attackers now launching “shameware” attacks – double extortion in ransomware campaigns* – to inflict lasting reputational damage on targets who do not accede to their ransom demands. We will also see quadruple extortion tactics ** rising to the forefront, as threat attackers add pressure points to coerce their victims into paying up. It’s no secret that cryptocurrency fuels the ransomware economy, and its continued appreciation will only spell good news for cybercriminals. Cybercriminals who have received ransom payments in cryptocurrency will have more funds and resources to launch bigger attacks on critical infrastructu...