Editor’s Note:Following cybersecurity threats predictions report keeps business leaders savvy. Click HERE for how BHM develops high level protection for your data, addresses the c-suite cyber-security concerns, and proves it with HITRUST CSF. Do all your service partners deliver this level of protection? Click HERE to discuss how BHM helps payer information stay safe. 

Cybersecurity Threats PredictionsMcAfee, a Santa Clara, California based cybersecurity company, released its “McAfee Labs 2018 Cybersecurity Threats Predictions Report”. This year’s report focuses on the evolution of ransomware from traditional to new applications.

The report also studies the cybersecurity implications of serverless apps, the consumer privacy implications of corporations monitoring consumers in their own homes, long-term implications of corporations gathering children’s user-generated content, and the emergence of a machine learning innovation race between defenders and adversaries.

Cybersecurity Threats Predictions

Composed by the company’s cybersecurity threat research division, McAfee Labs — identified five key cybersecurity trends business leaders should watch for in 2018:

  1. A machine learning “arms race” will develop between cyberattackers and cyberdefenders.
  2. Ransomware will pivot away from traditional extortion and onto new targets, technologies and objectives, including high net-worth individuals, connected devices and businesses.
  3. Organizations will increase their vulnerability by implementing serverless apps, which — despite their benefits — are susceptible to attacks on data moving across a network.
  4. Connected home device manufacturers and service providers will seek to improve their profit margins by gathering more personal data, turning the home into a “corporate store front.”
  5. Businesses will increasingly collect children’s digital content, opening themselves up to long-term reputation risks.

To access the McAfee report, click HERE. For their report: Beyond the General Data Protection Regulation (GDPR), click HERE.

In another report…

The KPMG 2017 Cyber Healthcare & Life Sciences Survey asked 100 C-level technology, information and security executives at healthcare providers and health plans about their overall readiness, vulnerabilities and resources dedicated to protecting data. A separate cyber security survey was conducted with 100 executives at biotech, pharmaceutical and medical device companies.

Following cybersecurity threats predictions report keeps business leaders savvy. Click HERE for how BHM develops high level protection for your data, addresses the c-suite cyber-security concerns, and proves it with HITRUST CSF. Do all your service partners deliver this level of protection? Click HERE to discuss how BHM helps payer information stay safe.