Every year since the invention of malware, cyber-attacks have escalated. This is especially true during the holiday season. Every October, the U.S. government commemorates National Cyber Security Awareness Month, guided by the U.S. Department of Homeland Security and the National Cyber Security Alliance. My question is why don’t they declare the whole fourth quarter National Cyber Security Awareness Season instead. During the holidays, cyber-criminals are all too aware of how people are distracted by their holiday plans. People become more careless online, especially on social media and this allows cyber-criminals to take advantage of them. To make things worse, it’s extremely easy for anyone to acquire hacking and ransomware tools that are easy to deploy, without being a cyber-criminal mastermind. In this article, we will explore the latest cyber holiday threats and provide our readers with tips, tools, and resources to counter these holiday Cyber-Grinches. So, put on your holiday cap to learn about what happens as the season of thieving nears.
Thinking about cyber-crime can easily make you forget the cheer of the Night Before Christmas, or any other holidays celebrated during the fourth quarter. In an article on boozalen.com entitled Retail Cybersecurity Report 2017 – Cyber threats to watch out for during peak retail season, they list what they believe will be the top threats to the retail industry. These include, ranked by severity: Point-of-Sale Breach, Website Outages, Retail and Bank Account Takeover and Return and Refund Fraud. The threats ranked by likelihood include Return and Refund Fraud, Retail and Bank Account Takeover, Website Outages and Point-of-Sale Breaches. The report further goes on to say that various hacking and extortionist groups like “OurMine” and “LizardSquad,” along with many other copycat groups, live for the peak retail season. One of the tactics these groups use is to threaten retailers with DDoS attacks (distributed denial of service attacks).
To read the remainder of Hector’s article, please click here.