Features, Insight, Security

Kaspersky: Cyber threat estimates for 2021 in META region

The world didn’t just change in 2020,  it transformed. And, as any cybersecurity expert will tell you, when the external world transforms, cyberspace transforms with it.

These same experts will also tell you that cyberspace isn’t ubiquitous. Every region must content not only with global trends but also country-specific developments. True comprehensive security comes when a global perspective is supplemented with a regional one. That’s why, this year, in addition to the usual global KSB reports, Kaspersky is offering a series of local predictions to ensure that, wherever you live, you can bring on a more secure 2021.

Here are some local developments in META region experts predict you should keep an eye on in the coming year:

#1 Increase in advanced persistent threat intrusions in the Middle East and Turkey

Increasing geopolitical tension across the board will influence a rise in espionage-based cyber offensive. Geopolitics has been historically the primary contributing factor to influence cyber intrusions with an objective to steal sensitive data for national security purposes. Despite the current pandemic situation affecting the globe, geopolitical tension has significantly increased in the Middle East and Turkey and will likely continued till the end of 2021.

#2 Growth of cybercrime attacks in META at-large, especially in Africa

Every country globally has had its own issues with varying impact since the pandemic started. Economic turbulence stormed many countries and had the most affect on countries who had weak economy prior to the pandemic. Traditionally, weak economies lead to unemployment, social inequality, corruption and more, and this leads to an increase in traditional crime. The cyber domain has somewhat similar effects, and cybercrime will likely increase in weaker economies. The increase will vary between country depending on the average wealth, age, country-wide digitisation and so on.

#3 Increase in data breaches in META at-large

To cope with social distancing and fighting the pandemic, more companies are exposing their systems online with availability in mind to maintain their “business as usual” status, but without adequate security controls, leaving databases and systems open to intruders. Data breaches occur when computer systems are left unpatched or improperly configured, at a corporate environment or at a cloud hosting provider. 

#4 More hackers-for-hire/cyber mercenaries groups’ activities targeting SMBs and financial institutions

Increasing economic uncertainties globally and in the META region mandates that businesses understand their competitive marketplace to navigate the upcoming situation. This estimate is especially true for the Middle East region. In addition, this situation could lead to bankruptcy and increase in legal disputes in courts. These factors are just what cyber-mercenaries are hired for; digging sensitive private information for legal disputes to win court ruling or steal trade secrets and provide competitive intelligence to the highest bidder.

#5 At least one disruptive cyberattack in the Middle East to come

Asymmetric warfare is more likely to happen due to the global pandemic, to respond to geopolitical, economic, and security threats without causing major direct conflicts and at significantly lower cost compared to traditional warfare. Cyber warfare is known for its low cost, high impact, and hard attribution. These factors make this type of modern warfare the preferred go-to method to sabotage and disrupts countries’ critical infrastructure and corporates’ infrastructure.

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