Towerwall's InfoSec Blog

As threats evolve and grow more sophisticated, securing IT systems is more important than ever. We may welcome in the New Year with open arms, but we must also prepare for the cybersecurity threats ahead of us. The 2015 Cost of Data Breach Study from IBM and the Ponemon Institute put the average cost of a data breach at $3.79 million, and that figure is expected to grow in the year ahead. With the right resolutions, you can drastically reduce your chances of falling prey to cybercriminals.

Online security trends continue to evolve. This year, online extortion will become more prevalent. We also expect that at least one consumer-grade IoT smart device failure will be lethal. Ransomware will make further inroads, since the majority go unreported. China will drive mobile malware growth to 20M, and cybercrime legislation will take a significant step towards becoming a truly global movement. Here are five information security trends on track for the New Year:

Cyber risk report cites server misconfigurations as the No. 1 vulnerability. It's often said, "There's nothing new under the sun." And that appears to be the case in the world of cybersecurity where hackers most often exploit known vulnerabilities to gain access to private computer files, according to HP's 2015 Cyber Risk Report. Maintaining strong computer security, the report says, is largely a process of plugging up known holes.