Categories: Featured

Top 4 Most Vulnerable Industries to Cyberattack in 2017

Every passing year the cyber security sector makes headlines in newspapers and media outlets. Almost all of them are bad, as the attacks on computer networks are becoming more sophisticated. In this article, we will show you the most vulnerable sectors in 2017.

Nowadays high profile social media accounts have become a juicy target for hackers.  In 2016, more people than ever have suffered the pain of getting their online credentials stolen, including actors, musicians, businessmen, and politicians.  Even the bitcoin space was shaken when hackers managed to siphon off millions of dollars from the popular exchange Bitfinex.

Malware infections are on the rise and they are being used to steal our passwords, credit card numbers, and even healthcare records. Here we present the top 4  industries most vulnerable to hackers in 2017.

The Gaming Industry

Since 2007, the gaming sector has grown so much that today the industry generates more revenue than the film industry. Year after year the subscription rates of both Sony and Microsoft console networks. Xbox Live and Playstation Plus are two of the main revenue streams for these companies. Subscribers can gain access to online multiplayer gaming and digital media delivery service.

This creates a perfect target for hackers because companies have centralized databases containing sensitive data (names, birth dates, emails, billing information, etc) of millions of subscribers. Furthermore, a study made by security company ESET revealed that 53% of gamers don’t use an antivirus solution, and 36% have one, but disabled it before playing. In 2015, the company Big Fish Games suffered a hack that compromised the billing information of hundreds of clients.

Related Post

Healthcare Sector

According to consulting company Gartner, there will be 322 million smart devices next year, including smartwatches, glucose monitors, and other fitness-oriented gadgets–all of them connected to the Internet. Another ESET study concluded that 39% of companies in the healthcare sector aren’t prepared for a cyber attack.

The Internet of Things

The Internet of Things and the Internet of Everything paradigms are causing enterprises and governments to rethink how they collect and process information.  Granted, the technology may offer benefits when paired with Big Data and Machine learning algorithms, but they pose a massive security risk; millions of small devices may end up forming the next big botnet (machines controlled by crackers and bad actors).

It is expected that in 2017 we will see another attack similar to the one the Internet suffered a couple of months ago in which hackers managed to secure control of millions of Internet-connected devices.  This involved IP cameras and routers, and launching denial of service attacks on critical infrastructures like DNS servers.

Public and Private Infrastructure

Cyber attacks launched against nuclear reactors, financial systems, and banks, aren’t something out of a movie’s plot.  They are real threats that have already occurred! Governments and enterprises have suffered the pain that ransomware can cause, but the next wave may not be mere attempts to get money from ransom but to do harm and cause destruction.

If you liked this article, follow us on Twitter @themerklenews and make sure to subscribe to our newsletter to receive the latest bitcoin, cryptocurrency, and technology news.

Eduardo Gómez

Eduardo Gómez is a Computer Science Major from Venezuela, a country with a loyal Bitcoin user base. He discovered Bitcoin in 2012 and now he use it to escape the triple-digit inflation that Venezuela suffers, he is focusing on developing a writing career, and he tries to keep up with the news in FinTech and Blockchain Technologies.

Share
Published by
Eduardo Gómez

Recent Posts

Best Altcoins to Invest in Today: Qubetics Sets the Stage for Blockchain’s Future as Bitcoin Hits $108K and Litecoin Soars

The cryptocurrency world has always been a hotbed of innovation, attracting both seasoned investors and…

1 hour ago

Dogecoin Millionaire Predicts This Undervalued Altcoin Could Match DOGE’s 2021 Gains

Dogecoin's 2021 rally was a historic one, turning ordinary investors into overnight millionaires. This magnificent…

2 hours ago

Qubetics Presale Skyrockets to $7.5M as XRP and Arbitrum Lead Best Altcoins for Exponential Returns

The crypto market is always evolving, with big names like Bitcoin and Ethereum leading the…

2 hours ago

Over 300K Users Actively Mine Crypto On BlockDAG’s X1 Miner App While BNB Bulls Eye $3K; What’s XRP’s Price Target?

The crypto market is ablaze with excitement as altcoins like XRP and BNB make major…

3 hours ago

Best Crypto Presale To Buy Now: Rollblock Delivers For Holders With New License, Record Sign Ups and 7000+ Games

Rollblock is quickly becoming the best crypto presale to buy, delivering unmatched value for its…

6 hours ago

Polkadot And Uniswap Gearing For Post-Christmas Jump As Rollblock Raises $7.4 Million in Presale

While Rollblock's continues its crypto presale, with its value increasing regularly, Polkadot (DOT) and Uniswap…

7 hours ago