It seems so long ago - Reviewing 2016 Cyber Threats and Lessons Learned for 2017

Jul 27, 2017 2:00pm - 3:00pm EDT
Virtual Event

Analyzing cybersecurity and threat data from last year showed an alarming Increase in targeted attacks ranging from new money making schemes (ransomware) to political subversion. Symantec’s 22nd “2017 Internet Security Threat Report” details how simple tactics have led to unprecedented outcomes as cyber criminals revealed new levels of ambition in 2016 – a year marked by extraordinary attacks, including multi-million dollar virtual bank heists and overt attempts to disrupt the U.S. electoral process by state-sponsored groups.

New levels of sophistication and innovation are the nature of the threat landscape, but last year was a seismic shift in motivation and focus. We saw specific nation states double down on political manipulation and straight sabotage. Meanwhile, cyber criminals caused unprecedented levels of disruption by focusing their exploits on relatively simple IT tools and cloud services. We observed a spike in malicious emails and an explosion of ransomware attacks.

This session will review some of the key 2016 trends, including:

  • Subversion and Sabotage Attacks Emerge at the Forefront
  • Nation States Chase the Big Scores
  • Attackers Weaponize Commonly Used Software; Email Becomes the Weapon of Choice
  • Caving in to Digital Extortion: Americans Most Likely to Pay Ransom Demands
  • Cracks in the Cloud: The Next Frontier for Cyber Crime is Upon Us

In this session, we will review and analyze threat data and key lessons learned.

Speaker

Axel Wirth, CPHIMS, CISSP, HCISPP, Distinguished Technical Architect, Symantec