If you’re ready for a sedate year in cybersecurity news, you won’t find it in 2022. Here’s a snapshot of some of the cybersecurity trends we expect to see in the new year.
- Cyber activism will gain momentum
- Scammers will target people suffering through natural disasters
- Crypto scams will increase as more users buy in
The next 12 months promise to be busy ones in the world of cybersecurity. Here are our six predictions for what will be the most important cyber trends of 2022.
Prediction #1: Democratization of cryptocurrencies leads to “Oh no” moments for consumers
Many companies enable the buying and selling of cryptocurrencies. Now that some of these companies are regulated and listed on the NASDAQ, trust and transparency in those companies is rising and the barrier to entry to use cryptocurrencies is getting lower.
This will likely lead to more casual investors who do not fully understand the nuances of how cryptocurrencies work. Scammers have been using those misunderstandings to separate people from their coins, and with this new set of new users, we expect a big increase in the number of scams out there. They will likely look like some of the old scams , but also, we expect to see new and creative attempts to target this new, larger set of potential victims.
Prediction #2: Your digital identity will grow. Hello, eID?
Working from home? Talking with your doctor through Zoom? Ordering your groceries and take-out orders from your laptop screen? You’re not alone. The Covid-19 pandemic has forced the entire planet to work, communicate, take care of their health, and perform a variety of transactions remotely and online.
You might have already had to use your cell phone to take a picture of your driver’s license and then send that image through email or text to verify your identity, open a bank account, or apply for a job. As the pandemic continues, a wider deployment of digital vaccination passports is expected.
There is now a greater need for a secure, unforgeable, privacy protecting set of credentials that can be issued, transmitted, and verified with confidence and ease. Recent developments in computing such as blockchain technology, modern cryptography, and advances in secure hardware provide a solid foundation for the development of the next generation of identity standards.
At the same time, governments across the globe are pushing for progress to be made on developing electronic identification — or eID — that citizens can use to quickly and easily prove their identities. We expect rapid progress in the world of digital identities in 2022 and beyond.
One thing is for certain: Life will become more digitized.
Prediction #3: Expect more protest, vigilantism, and terrorism
The primary goal of cybercriminals is to make money; they might carry out phishing campaigns to steal your login credentials or tech support scams to separate people from their money.
But the motivation of hacking isn’t always so straightforward. Sometimes it bends toward using cyber intrusion as a form of protest. Hacker activists, or hacktivists, apply their craft to achieve political outcomes. They do this by disrupting governments, spreading fear, or bringing some information to light.
Hacktivism and cyber terrorism were alive and well in 2021, revealing information governments would have preferred to keep secret. We expect to see these attacks continue, if not increase, given their reach and potential influence.
Prediction #4: Disasters will be a disaster for your wallet when scammers follow the money
Disasters have always been big business for scammers. We don’t expect that to change in 2022, but we do expect more disasters and more money to be moving around.
We’ve already seen that scammers never let a good crisis go to waste, with scammers swinging into action after devastating storms, fires, and throughout the COVID-19 pandemic. Whenever there is money flowing from insurance companies or the government to the victims of natural disasters, there is someone who will try to exploit that situation, either by committing fraud with stolen identities or scamming people directly.
If the trend continues, and there are more and more natural disasters and extreme weather events, we expect to see more scammers ready to cash in.
Prediction #5: Artificial intelligence and machine learning will make life easier for everyone, including criminals
Artificial intelligence and advanced machine learning are becoming more accessible to more people. Access to easy-to-use tools makes it simpler to do many things, including manipulate some forms of media and extract value from large datasets.
Deepfakes: Deepfake videos generated lots of buzz in 2018 when Jordan Peele was putting words in Barack Obama’s mouth, and this year people on TikTok were treated to several very convincing videos of a young Tom Cruise. While creating truly realistic videos is still difficult, it’s getting easier and more approachable each year. And this is also true for image and audio deepfakes.
As deepfake technology gets better and easier to use, it will become a useful tool for criminals, scammers, stalkers, and activists. And this means — even though we’re not there yet — that it might one day become more difficult to believe your own eyes and ears.
In the meantime, we will start to see more uses of this technology in situations where errors or low quality are acceptable and can explain away some of the current limitations. So, the next time you are chatting to a new romantic partner who is stuck on a remote oil rig and has a bad glitchy connection, you might want to think twice.
Personalized attacks powered by large datasets: With all the data that is now available from various breaches and scrapes, criminals could profile people to identify who is more likely to fall for certain types of attacks or scams, the techniques that will be most effective based on their experience with similar people, and craft messages that will be targeted directly at them based on services they are known to use.