Cybersecurity threats are often like an ever-changing monster – you just can’t defeat it. A strong anti-virus solution with all the other necessary tools will help you secure your organization’s defense but it’s impossible to control what is happening outside that perimeter. Cyber criminals are always at work, discovering new vulnerabilities, testing new threats and generally trying their best to make incisions and create havoc.

2017 was a year when cybersecurity entered the world’s consciousness through names like WannaCry, Petya and Locky among others. But that doesn’t mean this year will be any different. 2018 is already halfway through and the threat level doesn’t seem to be going down anytime soon. Here are some of the latest cyber threats which every business must be aware of:

1. Cyrptojacking

Cryptojacking was always coming and now with the advent of cryptocurrency, this is only going to get even more popular. As cryptocurrency starts being used more and more, criminals will continue to try and get in on the trend through cryptojacking, using another system’s computing power to create cryptocurrency. It’s a threat which businesses must treat with as much as seriousness as ransomware or anything else – cryptojacking can lead to lots of money and productivity wasted.

2. Ransomware in the cloud

With the number of ransomware attacks last year, many companies have turned to the cloud. They keep their important data on cloud-based platforms, hoping that that will deter attackers. But hackers will continue to change their direction and now target cloud software. These cloud computing businesses now have huge amounts of data backed up on them which will be a very lucrative target for cyber criminals.

3. AI-powered attacks

Artificial intelligence is the new frontier in cybersecurity. And it’s a frontier which both sides are looking to embrace. Security and network experts have already taken the help of artificial intelligence and machine learning in a process to spot attacks early, understand their tell-tale signs and prepare accordingly. That doesn’t mean that hackers and cyber criminals haven’t caught on – they are also experimenting with AI to launch attacks on a huge scale to overwhelm systems and networks.

4. IoT attacks

The Internet of Things (IoT) is getting more and more popular with some of the biggest organizations getting on to the bandwagon. But with the increased focus will come a greater possibility of danger. A Gartner report stipulated that 5 million IoT devices are added daily which mean a vast number of devices all connected to each other. Attack one and you will have the chance to take down the multitude of devices connected to it. IoT security is now as more than important than ever in a day and age when connected devices inhabit the world.

5. Non-compliance

The General Data Protection Regulation (GDPR) has come into effect but there are thousands of companies which have still not complied with the regulation. Non-compliance is a security threat in more ways than one – hackers will be watching out for these companies and knowing that they remain vulnerable, will ensure they attack. Other companies also have to be wary before conducting business with non-GDPR compliant businesses as they could run the risk of incurring huge fines.

Seqrite’s range of solutions provides an immediate defense against the ever-changing range of cyber threats. From Endpoint Security, Endpoint Encryption, Mobile Device Management, defense in-depth consulting and Unified Threat Management (UTM), Seqrite provides the solutions for businesses to stay safe and secure in the cyber world.

As an IT security partner for your business, Seqrite provides comprehensive security from advanced cyber threats. To know more