2020 will be the year of the cloud breach predicts ExtraHop

Published: Thursday, 02 January 2020 08:22

ExtraHop has published its predictions for the cybersecurity and technology industries in 2020, predicting that 2020 will see a major information leak from a cloud provider.

“In 2020, we are likely to see a major information leak from a cloud provider,” said Jeff Costlow, CISO, ExtraHop. “While at the same time the cloud providers are providing many useful built-in tools, it's not clear that they are using their own tools to secure themselves. As a further prediction, the leak will not effectively diminish migration to the cloud. As we have noticed with other breaches, they do not significantly erode confidence in the services.”

ExtraHop also predicts that 2020 will see a large-scale IoT related breach:

“In 2017, major ransomware attacks crippled the networks - and operations - of major global organizations. While those attacks did billions in damage, for the most part, IoT devices were left unscathed. But sooner or later (and probably sooner) the big IoT breach is coming, and it could have global implications,” said Mike Campfield, VP of Global Security Programs. “Whether it happens in the US or abroad, in healthcare, shipping and logistics, or manufacturing, IoT devices around the globe are fertile hunting grounds for attackers. Taking down every connected device - from telemetry sensors to infusion pumps to mobile points-of-sale - could easily grind operations to a halt.”