Wednesday, 25 May 2016

Question 7: Cyber Security

Cyber security in South Africa and in the world has become a very fragile thing now a days and now the security is now becoming victim of hackers across the world. From  identity theft and fraud to corporate hacking attacks, cyber security has never been more important for businesses, organizations and governments.
Hacking experts warn there are plenty more security risks ahead in 2015 as cyber criminals becoming more sophisticated. while "traditional" cyber crime such as internet password fraud will still be widespread in 20115, larger scale espionage attacks and hacking the Internet of Things will also be at risk.


The four top security risks are: 
1) Ransomware: a type of malware which restricts access to the computer that it infects,, will become increasingly sophisticated in its methods and targets, experts at MacAfee Labs warned.
2) Cyber espionage is becoming the weapon of choice for many national governments- no matter how tight-lipped they may be abut any involvement in such activities to undermine their enemies
3) Cyber theft increases: The stealing of financial information is nothign new, with stolen credit or debit card on the black market, a well-established and lucrative business for cyber criminals.
4) Insecure Passwords:Easy-to-crack passwords will continue to be a big risk in 2015,analysts said. "Weakness of passwords are known, but still lead to many of the high-profile attacks such as the recent iCloud attack, " Symantec's Sian John said.



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