Cyber criminals have vast resources these days. Some of them are even supported by state actors and this allows them to make customised malware that cannot be detected and eliminated by traditional anti virus and security products. As a result the contemporary cyber security products and services are ineffective in preventing such malware from causing damage.
We have seen sophisticated malware like Stuxnet, Duqu, Flame, Uroburos/Snake, Blackshades, FinFisher, Gameover Zeus (GOZ), etc that were detected much after they infected the targeted systems.
Similarly, malware targeting financial sector are also in circulation for long. These include Carbanak, Vskimmer Trojan, Malware Dump Memory Grabber, etc that cause tremendous financial loss world over.
Perry4Law Organisation (P4LO) has provided the “Cyber Security Trends In India 2016” that have predicted that use of botnet and malware would increase in the year 2016. The trends has also predicted that critical infrastructure, cloud computing and e-health would also be on the receiving end.
The year 2016 would witness an increased use of malware for various purposes like cyber terrorism, cyber warfare and cyber espionage. It is for us to develop both offensive and defensive cyber security capabilities and a robust cyber security infrastructure so that the impact of these malware can be minimised if not eliminated.