Four Cyberattacks To Watch Out For

January 9, 2023

Cyber threats aren’t going anywhere. Experts predicted that cyberattacks would increase in 2022 and that they did! Organisations struggling to integrate and manage a collection of single-purpose products are likely to be hit hard. Any security gaps need to be resolved quickly, and businesses need to know where to focus their efforts.

1. Satellite Network Attacks

Anytime a new technology is introduced, the opportunity for cyberattacks multiplies. The same is true for satellite networks, a new communication system that could change how we live, work, and entertain ourselves. This system will allow for direct communication from any point globally to any other point, increasing security, privacy, and freedom of speech. 

Of course, with any new technology comes the opportunity for cyberattacks, and satellite networks are no exception. As satellites become more prevalent in communications, they will become more of a target; this satellite network attack will be a major one. It will be directed at communications satellites and the ground-based transmitters that bounce satellite signals to other satellites and onto earthbound points.

2. Ransom Attacks on OT Systems

Many organisations are shifting their business models to operate on IT and OT systems, but many aren’t doing it particularly smoothly. They don’t want to put their data at risk, but they also want to minimise downtime by running their OT systems. Because these organisations don’t want to do a massive overhaul, they’re keeping their old systems, but they’re putting newer, more secure ones alongside them. 

The problem is that they’re often not sure how to protect their newer, more secure systems from the older, less secure ones. Because of this, the old, more open systems are more susceptible to attack, which means the newer, more secure systems will be, too. This ransomware attack affects OT systems integrated with IT systems.

3. Cyberattacks Targeting Crypto Wallets

One of the biggest events of 2018 was the cryptocurrency market explosion. It created a new range of possibilities for cybercriminals taking advantage of them. The cryptocurrency market has proliferated, and it’s got some glaring vulnerabilities. 

In 2018, we saw multiple attacks on exchanges like Coinbase and Binance, and new threats are on the horizon. Because cryptocurrency is growing, we predict that the target on wallets will increase, as will the severity of attacks in 2022.

4. Linux Attacks

Linux is a popular operating system and a primary target of attacks. Linux servers hold sensitive information and control critical infrastructure, which means they’re popular targets. The first part of this attack will see a rise in malware, followed by more advanced tools. 

Linux attacks will expand in severity and sophistication as the operating system is the target, not individual devices. This could result in more manipulation of the operating system to subvert the controls on critical infrastructure.

 

The cyberthreat trends will continue to expand in scope, severity, and sophistication. If you’re worried about your organisation’s security, it’s time to take action. Conduct a thorough review of your current security program, and implement a mitigation plan that protects your organisation from the latest threats.

IQPC is one of Perth’s leading IT companies delivering unparalleled IT support to Perth businesses since 1994. Our comprehensive knowledge base and hands-on customer service set us apart from other Information Technology companies around Perth. We’ll help you make the most out of your business’s IT infrastructure, from complete managed IT services and cyber security to hardware and software support. If you need IT consulting services in Perth, get in touch with us! Let us know how we can help.

 


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