IT Brief New Zealand logo
Technology news for New Zealand's largest enterprises
Story image

Kaspersky lists 5 cyber threats to watch for in 2022

By Ryan Morris-Reade
Fri 14 Jan 2022

Global privacy company Kaspersky has highlighted some of the most significant cyber threats New Zealand consumers and businesses should be prepared for in 2022.  

Based on trends observed last year, the company says our personal data is at risk, more advanced scams are coming, and there will be fewer targeted ransomware attacks this year.
    
New Zealanders' personal data is at risk 
Frequent lockdowns in New Zealand have forced many people to use more online services – from retail to groceries to takeaway food and at-home meal kits; consumers have relied on contactless delivery and click-and-collect services to conduct daily activities. 

Kaspersky says this has resulted in New Zealanders' personal data being at higher risk of exposure to cybercriminals.

"Every time we use these online services, we input personal information such as our address, mobile number and payment details," says Kaspersky senior security researcher, Global Research and Analysis Team, Noushin Shabab.

"This means there's now a massive amount of our personal data out there across websites and apps for cybercriminals to access. Despite lockdowns ending, we remain heavily reliant on these services, meaning there's a higher likelihood of cyber gangs obtaining these details via comprised websites or unsecured networks and scammers mimicking the brands to trick consumers into stealing their data through phishing attacks." 

New, more technically advanced scams 
Keeping the previous point in mind, Shabab says New Zealanders should be on high alert for suspicious emails, texts, social media messages, app notifications and phone calls. She says scammers are continually advancing their methods and that we should watch out for new tactics in 2022.

"Scammers will start producing more deep fake videos, bespoke text and images tailored to their victims, and using more voice synthesis in addition to their usual tactics," she says. 

"We believe we'll see the first attempts of such technically advanced scams this year. It's also likely there will be a shift back from scams that are computer-assisted, to pure cybercrime based on a complete compromise of digital assets, such as user accounts, smartphones, laptops or smart devices." 

More cryptocurrency and NFT attacks
As cryptocurrency and NFTs are digital assets, and all transactions take place online, this makes them an attractive target for cybercrime groups and state-sponsored threat actors.  

Kaspersky expects a significant wave of attacks on cryptocurrency businesses this year. Having observed the recent activity of sophisticated, cutting edge attackers like Lazarus and its subunit BlueNoroff, direct attacks on employees of cryptocurrency startups and exchanges, through to sophisticated social engineering, software exploits and even fake suppliers, to mass attacks via supply-chain software, the company says we will see an increase. 

"We're also likely to see more incidents of NFT property theft, and given this is a new area, there is likely a shortage of specialist police investigators which therefore could result in an initial surge of these attacks," says Shabab.

Such threats will affect the global cryptocurrency markets and the share price of individual companies, which the attackers will monetise via stock market illegal insights trading.

A decrease in targeted ransomware attacks
While there was a clear correlation between the rise of COVID-19 and an increase in targeted ransomware attacks, the strong international cooperation and multiple ransomware task forces now in place is set to reduce the number of such attacks during 2022. 

Kaspersky says these attacks will continue, but it anticipates they may resurface later and also with a greater focus on countries with poor cyber-investigative capabilities or those that are not allies of the US. 

More data breaches by unidentified attackers
Fewer targeted ransomware attacks results in less openly exposed stolen data. Kaspersky, therefore, foresees a rise in stolen data being offered on black markets this year. 

"According to our research, in over 75% of data breach incidences, the victims were neither able to identify the attackers nor find out how they were compromised," says Kaspersky A/NZ general manager, Margrith Appleby.

"While this is a serious challenge facing cyber defenders, it's a motivational factor for cybercriminals to delve into the field of data theft and illegal trading. As a result, we believe there will be more databases, internal communications and personal details stolen from local companies and traded on the black market this year," she says.

Related stories
Top stories
Story image
Commerce Commission
ComCom welcomes new marketing codes for the telecom industry
The Commerce Commission is welcoming the creation of new marketing codes for the telecommunications industry.
Story image
Artificial Intelligence
SAS unveils AI experience to improve kids' batting abilities
SAS has created The Batting Lab, an interactive experience using AI, computer vision and IoT analytics to help kids improve their baseball and softball swings.
Story image
PaaS
New digital traffic light system to tackle construction defects
Smarter Defects Management launches its PaaS digital system and says it will revolutionise managing defects in the construction industry.
Story image
Artificial Intelligence
Clear Dynamics closes $35M funding round, invests in global growth
The funding is a major milestone and speaks to Clear Dynamics’ vision for AI-enabled ‘composable’ enterprise software, the company states.
Story image
Power / Energy
SmartCIC report reveals top five 5G carriers in the world
The Global Cellular Performance Survey also found that 5G networks are delivering high download speeds but lagging in upload speeds.
Story image
IT budget
$20m boost for digital technologies announced
The government is spending an extra $20m over four years on its plan to transform the digital technologies industry.
Story image
Phishing
Google reveals new safety and security measures for users
Google's new measures include automatic two step verification, virtual cards and making it easier to remove contact information on Google Search results.
Story image
Cybersecurity
CyberArk launches $30M investment fund to advance security
CyberArk has announced the launch of CyberArk Ventures, a $30 million global investment fund dedicated to advancing the next generation of security disruptors.
Story image
Digital Transformation
Why enterprise records management should be part of any digital transformation strategy
Modern organisations create and rely upon an enormous volume of content, and digital records make up a significant proportion of that content.
Story image
Adyen
Adyen expands partnership with Afterpay as BNPL payments increase
Adyen has expanded its partnership with AfterPay allowing more of Adyen’s merchants in more countries worldwide to use the BNPL provider.
Story image
Cybersecurity
A10 Networks finds over 15 million DDoS weapons in 2021
A10 Networks notes that in the 2H 2021 reporting period, its security research team tracked more than 15.4 million Distributed Denial-of-Service (DDoS) weapons.
Story image
Kodari Securities (KOSEC)
NFT trends and opportunities: expert reveals all
The NFT market is growing at an exponential rate, with unprecedented liquidity. Here we explore how businesses can profit.
Story image
Power / Energy
Keysight Technologies introduces new next-gen DPT solution
Keysight Technologies has announced its new next-generation Double-Pulse Tester (DPT) with the PD1550A Advanced Dynamic Power Device Analyser.
Darktrace
Threat actors are exploiting weaknesses in interconnected IT/OT ecosystems. Darktrace illuminates your entire business and takes targeted action to stop emerging attacks.
Link image
Story image
Fortinet
Fortinet's Security Fabric hits new record for integrations
The Fortinet Security Fabric has surpassed 500 technology integrations with more than 300 Fabric-Ready Technology Alliance Partners.
Story image
Ransomware
Zerto unveils updates to ransomware recovery capabilities
"Organisations face increased risks from the volume and sophistication of ransomware attacks prevalent today."
Softiron
For every 10PB of storage run on HyperDrive vs. comparable alternatives, an estimated 6,656 tonnes of CO₂ are saved by reduced energy consumption alone over its lifespan. That’s the equivalent of taking nearly 1,500 cars off the road for a year.
Link image
Story image
Microsoft
Microsoft backing Māori and Pacific wāhine in tech industry
A new initiative focused on getting Māori and Pacific wāhine into the tech industry and backed by Microsoft, NZTech and the government is calling for tech companies to get involved.
Story image
Wireless
SmartCIC, BICS partner to expand wireless service options
SmarCIC has partnered with BICS to increase choice for organisations using fixed wireless services, expanding existing carrier relationships for its CELLSMART division.
Story image
Data Center
Preventing downtime costs and damage with Distributed Infrastructure Management
Distributed Infrastructure Management (DIM) can often be a lifeline for many enterprises that work with highly critical ICT infrastructure and power sources.
Story image
Microsoft
SAS Viya on Microsoft Azure to deliver 204% return - study
The Forrester Total Economic Impact study finds SAS Viya on Microsoft Azure brings a 204% return on investment over three years.
Story image
Sustainability
Grasping the opportunity to rethink the metrics of a sustainable data centre
A data centre traditionally has two distinct operations teams: the Facility Operations team, and the IT Operations team. Collaboration between them is the key to defining, measuring, and delivering long-term efficiency and sustainability improvements.
Story image
Remote Working
IT teams deploy powerful technologies to enable remote work
"We found that IT teams mastered the challenges of remote work last year in large part by employing powerful yet easy-to-use technologies."
Story image
Veryfi
Veryfi announces Mobile Receipt Capture for D2C marketing apps
Veryfi has announced a new enhancement to its portfolio, with Mobile Receipt Capture for direct-to-consumer marketing apps.
Story image
Cybersecurity
ThoughtLab reveals 10 best practices for cybersecurity in 2022
The benchmarking study reveals best practices that can reduce the probability of a material breach and the time it takes to find and respond to those that happen.
Story image
Sustainability
Siemens showcases new automated solutions for data centers
Siemens has implemented new automated solutions and AI in the Baltic region's largest data center, providing insight into the future of data center management.
Story image
Excel
Could your Excel practices be harming your business?
While Excel has been the de-facto standard for budgeting, planning, and forecasting, is it alone, enough to support organisations in the global marketplace that’s facing rapid changes due to digital transformation?
Story image
Employee Experience
Zendesk launches customer service and employee experience offering
"Zendesk is helping businesses embrace this new generation of conversational customer relationship management and turn customer service into growth.”
Story image
BeyondTrust
BeyondTrust integrates Password Safe solution with SailPoint
BeyondTrust has announced the integration of BeyondTrust Password Safe with SailPoint identity security offerings.
Story image
Microsoft
Microsoft unveils adaptive accessories for disability access
Microsoft is introducing an expansive Inclusive Tech Lab to give people with disabilities greater access to technology through new software features and adaptive accessories.
Exabeam
Find out how a behavioural analytics-driven approach can transform security operations with the new Exabeam commissioned Forrester study.
Link image
Story image
Sift
Sift shares crucial advice for preventing serious ATO breaches
Are you or your business struggling with Account Takeover Fraud (ATO)? One of the latest ebooks from Sift can provide readers with the tools and expertise to help launch them into the new era of account security.
Story image
Cybersecurity
Video: 10 Minute IT Jams - An update from IronNet
Michael Ehrlich joins us today to discuss the history of IronNet and the crucial role the company plays in the cyber defence space.
Story image
Artificial Intelligence
ANU and Seeing Machines to use AI to improve driver safety
The Australian National University and Seeing Machines have won a grant to develop AI systems monitor human behaviour while driving.
Story image
Artificial Intelligence
Updates from Google Workspace set to ease hybrid working troubles
Google Workspace has announced a variety of new features which will utilise Google AI capabilities to help make hybrid working situations more efficient and effective.
Story image
Application Security
What are the DDoS attack trend predictions for 2022?
Mitigation and recovery are vital to ensuring brand reputation remains solid in the face of a Distributed Denial of Service (DDoS) attack and that business growth and innovation can continue.
Booster
Booster Innovation Fund. A fund of Kiwi ingenuity – for Kiwi investors.
Link image
Story image
VPN
Palo Alto Networks says ZTNA 1.0 not secure enough
Palo Alto Networks is urging the industry to move to Zero Trust Network Access 2.0 because previous versions have major gaps in security protection.
Story image
Ivanti
Ivanti and Lookout bring zero trust security to hybrid work
Ivanti and Lookout have joined forces to help organisations accelerate cloud adoption and mature their zero trust security posture in the everywhere workplace.
Story image
Sustainability
Power at the edge: the role of data centers in sustainability
The Singaporean moratorium on new data center projects was recently lifted, with one of the conditions being an increased focus on power efficiency and sustainability.
Story image
Remote Working
How organisations can meet employees' changing expectations
The global employment market has shifted dramatically in favour of employees, sparking the so-called great resignation, in which people are leaving unsatisfying roles in search of greener pastures.
Story image
Ransomware
Cybersecurity starts with education
In 2021, 80% of Australian organisations responding to the Sophos State of Ransomware study reported being hit by ransomware. 
Story image
Mobility
Hands-on review: STM laptop bags
The advent of hybrid working has meant we need laptop bags. We got our hands on two of the most popular laptop bags from STM.
Story image
Artificial Intelligence
ForgeRock releases Autonomous Access solution powered by AI
ForgeRock has officially introduced ForgeRock Autonomous Access, a new solution that uses AI to prevent identity-based cyber attacks and fraud.