Six Biggest Cybersecurity Threats For 2018

According to the MIT Technology Review, huge data breaches are in the offing for 2018. It quotes a security expert who says that data brokers who hold information about things such as people’s personal Web browsing habits will be especially popular targets. Ransomware hackers will target cloud computing businesses, most likely small companies, and more hacks targeting electrical grids, transportation systems, and other parts of countries’ critical infrastructure are likely to take place. Ransomware that hijacks vital systems and threatens to wreak havoc unless owners pay to regain control will become more common, and hackers are likely to uncover chinks in the defenses of older planes, trains, ships, and other modes of transport that could leave them vulnerable. As these risks grow, so will the penalties for companies that fail to address them. On May 25, the General Data Protection Regulation will come into effect in Europe, and the revelation that Uber covered up a big cyber attack last year has sparked calls for breach disclosure rules to be toughened in the US.