What are the biggest IT security threats and what may hit us in 2016?

Written by TechBug

Cybercriminals are becoming more sophisticated and collaborative with every coming year. Indeed, incidents such as the recent alleged zero day breach at Lincolnshire Council highlight the impact this can have, as the council was forced to shutdown it’s IT for over four days. Medical records, addresses, dates of birth and bank details were allegedly exposed and a £1m ransom demand made.

Further, according to the latest report from the Office National Statistics, cybercrime including bank fraud, phishing scams, malware account for 3.8m incidents and 40% of crime in the UK. Yet the Government’s IT security initiative, Cyber Streetwise, highlights that around two-thirds of UK SMEs don’t believe their business is vulnerable to cyber-attack.

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