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Hacktivism will rise in 2016

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A recent report has shown that growth in online extortion, hacktivism and mobile malware is expected in 2016, along with a shift to an offensive cybersecurity posture for government entities and corporations.

This is according to Trend Micro, in its annual security predictions report, “The Fine Line: 2016 Security Predictions”, released this week.

“We anticipate 2016 to be a very significant year for both sides of the cybercrime equation,” said Raimund Genes, CTO, Trend Micro. “Governments and enterprises will begin to see the benefit of cybersecurity foresight, with changes in legislation and the increasing addition of cybersecurity officers within enterprises. In addition, as users become more aware of online threats, attackers will react by developing sophisticated, personalised schemes to target individuals and corporations alike.”

According to the report, 2016 will also mark a significant turning point for malvertising. In the U.S. alone, 48 percent of consumers use online ad blocking software, with a 41 percent increase in global use this year. As a result, advertisers will seek to alter their approach to online ads, and cybercriminals will attempt to find other ways to obtain user information.

Online extortion will be accelerated through the use of psychological analysis and social engineering of prospective victims. Hacktivists will be driven to expose even more incriminating information, impacting targets, and facilitating secondary infections.

“Hackers consistently evolve to adapt to their surroundings, just as online ads are declining, we see ransomware is increasing,” said Tom Kellermann, chief cybersecurity officer, Trend Micro. “Despite the growth in security investments and legislation, these changes will inevitably bring new, more sophisticated attack vectors.”

Highlights from the 2016 predications report include:

§  Cybercriminals will devise new ways to personalise attacks, making 2016 the year of online extortion.

§  Mobile malware will grow to 20 million, primarily affecting China, while targeting new mobile payment options globally.

§  As more consumer-grade smart devices are used in day-to-day activities, at least one device failure will be lethal in 2016.

§  Hacktivists will escalate attack methods to systematically destroy targets with high-profile data breaches.

§  Less than 50 percent of organisations are expected to have cybersecurity experts on staff by the end of 2016.

§  Increased ad-blocking products and services will force cybercriminals to find new means to target victims, resulting in fewer malvertisements.

§  Legislation will expand to a global cybersecurity defence model, allowing for more successful arrests, prosecution and convictions.

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AppDate: A security boost for schools

In his latest app round-up, SEAN BACHER features Karri, ChatBack, Charge Running, Bookings Africa and HomeChoice.

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Karri

With large amounts of cash and very little security, schools are now becoming an easy target for criminals. Numerous schools across the country have already been raided, with several serious incidents and even fatalities.

In partnership with Nedbank, Karri has introduced a mobile payment app to address this growing problem. The app enables parents to send money securely to their child’s school. Hundreds of schools countrywide are using Karri, with most now refusing to accept cash payments from parents.

The app offers a simple alternative to children bringing cash to school by allowing parents to make payments via an app on their smartphone. It is free for parents to use and there are no hidden costs or sign-up fees for the school.

Platform: Android and iOS

Expect to pay: A free download

Stockists: Visit Karri here for downloading instructions.

Visit the next page to read more about ChatBack, Charge Running, Bookings Africa and HomeChoice.

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ParkUpp is here to sell your unused parking spot

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Prop-tech startup ParkUpp is helping residents and property owners to make some extra cash from their unused parking. This is proving to be a winner for JanuWorry, the month that often brings financial stress post the December holidays for many individuals and businesses across South Africa.

ParkUpp already has over 4500 listings on its platform, predominantly in Johannesburg and Cape Town. They include The Union Castle building owned by Izandla Properties, Design Quarter on William Nicol Drive, along with other commercial and residential parking facilities.

The app has also been awarded some accolades from property industry incumbents such as the Women’s Property Network (WPN) for Young Achiever’s category and South African Institute of Black Property Professionals (SAIBPP) for Disruptor of the Year. Also headed to Silicon Valley for a two week bootcamp with Kingson Capital, a South African based Venture Capital firm.

This award winning platform not only creates extra income from empty parking spaces, it also decreases drivers’ anxiety of parking in unsafe space and also saves them a buck. In the Cape Town CBD, with over 45% cars parked on-street: paying an average of R18/hour, amounting to R2880 a month, ParkUpp users are able to save up to 50% by renting out a parking for R1500.

ParkUpp co-founder Michael Savvides says home owners or businesses often get frustrated when they find someone illegally parked in their bay. “Instead of being frustrated, list your parking during the times it is unused for people to park in your space legally. No one really wants to knock on someone’s door to ask for parking so our platform is removing that uncomfortable feeling.”

“We create trust between owners and drivers through our vetting processes. We save drivers 50% on parking costs and generate extra income for the owners and we also provide access to spaces that were previously inaccessible,” he explains.

“Our current focus is to increase occupancy rate for the listing parking bays, businesses and individuals who need parking can visit the platform to make a booking or suggest a location where you need parking,” he concludes.

As a driver, should you not find your preferred parking, email the team with suggested locations at hello@parkupp.co.za in order for them to find you safe, secure and affordable parking for you.

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