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10 Cyber Security trends to look out for in 2018

It is still too early to predict whether 2018 will be safer than 2017 when it comes to cybersecurity. It…

It is still too early to predict whether 2018 will be safer than 2017 when it comes to cybersecurity. It is fair enough to say that this question has been raised since last year wasn’t the best for many IT companies and global organizations. However, experts have already made a few predictions for 2018 based on the current cyber security trends. Let’s have a look at them one at a time:

 

1) A.I. Cybersecurity

Artificial intelligence has come a long way from where it once started. AI-powered programs today are capable of monitoring events which can help identify incoming cyber attacks. However, according to experts, cybersecurity AI may beat the purpose for what it is designed as it may be able to assist hackers in carrying out even more complex attacks. Some have even called them double-edged swords.

 

2) IoT (Internet of Things) with improved security features

Internet of Things, which is a growing topic of conversation today, is the correlation of computing devices with physical objects via the internet, such that they are able to send and receive data. From Apple Watches to Nest Thermostats, IoT will see a growth like never before with some professionals estimating over 20 billion connected units by the end of this year. If anything can cause an obstacle in this positive transformation, it would certainly be a collapse of security. After the massive amounts of DDoS attacks in 2017, security leaders have gotten a heads up about possible compromises through IoT devices. We certainly can expect a good amount of improved security features associated with IoT devices this year.

 

3) Biometric Authentication

Let’s face the truth! Usernames and Passwords suck! They are impersonal and put a burden on users in remembering them. With the introduction of fingerprint sensors on mobile phones and the huge success of Apple’s FaceID, we should expect more of biometric-enabled devices in the coming months. While it might be a little too early to expect biometric authentication in all our daily accounts, we might see a start of a new identity authentication evolution.

 

4) GDPR – General Data Protection Regulation (GDPR)

General Data Protection Regulation is probably something we haven’t heard till lately. GDPR is a set of regulations, expected to go into effect on May 25, 2018, that is intended to strengthen data protection for all individuals and businesses within the European Union. While its to early to predict anything, the GDPR is expected to have a significant influence on the digital sector of Europe.

 

5) Cyber attacks on global organizations

Mainframes are the backbone of most global organizations. These are the computers responsible for processing bulk data such as statistics, census, bank operations and ATM transactions. While security firms focus more on protecting mobile and computer systems, mainframes are being overlooked.

 

6) Cloud security

With the automotive industry recently joining the cloud family, providing users with state of the art navigation systems, it is predicted that there would be huge investments to secure the cloud environment. The priority would be to generate trust among cloud users to store data without hesitation on servers they don’t own.

 

7) Increase in Ransomware

Ransomware, as the name suggests, is a malicious virus where the victim’s access to information is blocked unless a ransom is paid. Typically, the ransom amount is in hundreds or thousands of dollars although sometimes even higher. Last year itself, there has been an increase of 36 percent of ransomware and the trend doesn’t seem to slow down. The Petya Ransomware that caused mayhem in almost all of Europe and other parts of the world in 2017 is a warning to expect more.

 

8) Cryptocurrencies and Blockchains

Cryptocurrencies have been an evolution. However, they do have certain drawbacks, especially when it comes to bitcoins. Since Bitcoin transactions do not require identity verification and can be done anonymously, they have fueled events of ransom threats like never before.

This is predicted to continue growing as we progress into 2018. Cryptocurrencies have been built around the concept of blockchains and this technology is just limited to them. While it is tough to predict what other implications blockchains might have on cybersecurity, some educated predictions say they could be used in decentralizing access control and improving identity management.

 

9) Threats to serverless apps

While serverless apps have some considerable advantages, they are potential threats to cyber-attacks, the reason being – the lack of servers. It might seem counter-intuitive at first as for the most part, the security of the serverless application is controlled by the customer itself. However, that isn’t always the best idea, as a users device might not always be the safest location to store important information.

 

10) Safer for everyone

2017 was a year when we experienced cyber attacks we have never seen before. Such events have pushed security experts to carry out careful investigations to make sure certain cybercrimes do not repeat. Governments and tech-firms have invested an immense amount of money to tackle a problem that caused more than $3 trillion of damages worldwide just last year. The increased amount of general awareness and the proper preparedness from various authorities should make the internet a much safer place for everyone.

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Crypto Currency

Meme coins remain under pressure as Dogecoin extends losses

Key takeaways Dogecoin extends its correction on Monday as memecoins record huge losses. DOGE could drop below $0.10 if the bearish trend persists.  Memecoins record huge losses The cryptocurrency market opened the new weekly candle bearish, with Bitcoin (BTC) slipping below the $77,000 level on Monday and risk appetite deteriorating across digital assets. Meme coins


Dogecoin risks dropping below $src.1srcsrc

Key takeaways

  • Dogecoin extends its correction on Monday as memecoins record huge losses.
  • DOGE could drop below $0.10 if the bearish trend persists. 

Memecoins record huge losses

The cryptocurrency market opened the new weekly candle bearish, with Bitcoin (BTC) slipping below the $77,000 level on Monday and risk appetite deteriorating across digital assets.

Meme coins started the week on a weak footing as the broader cryptocurrency market continued to struggle. Dogecoin, Shiba Inu, and Pepe all remain vulnerable to further downside after heavy selling pressure emerged following last week’s market correction.

DOGE is down by 5%, making it the worst performer among the top 10 cryptocurrencies by market cap. 

Dogecoin briefly rallied last week and retested the important weekly resistance zone near $0.119 on Thursday before sellers regained control.

The rejection triggered a fresh wave of downside pressure, with DOGE falling nearly 6% through Sunday and extending losses further on Monday as the token traded below the $0.106 level.

Technical outlook: DOGE risks a deeper correction below key EMAs

The DOGE/USD 4-hour chart is bearish as the leading memecoin has dropped below major support levels. 

If DOGE closes the daily candle below the 100-day Exponential Moving Average (EMA) near $0.106, selling pressure could intensify toward the 50-day EMA around $0.103.

A decisive breakdown below that support area may expose the previous trendline breakout region near $0.090, which now acts as the next major downside target.

Momentum indicators continue to reinforce the bearish outlook for Dogecoin. The Relative Strength Index (RSI) on the 4-hour chart currently sits near 41, slipping below the neutral 50 threshold and signaling that bearish momentum is beginning to strengthen.

Meanwhile, the Moving Average Convergence Divergence (MACD) indicator confirmed a bearish crossover on Saturday, a signal that remains active and continues to support downside risk in the near term.

Despite the bearish setup, Dogecoin could still attempt a short-term rebound if buyers successfully defend the 100-day EMA support near $0.106.

DOGE/USD 4H Chart

A sustained hold above that level may allow DOGE to recover toward the key weekly resistance zone around $0.119.

However, broader market sentiment, particularly Bitcoin’s direction, is likely to remain the dominant driver for meme coin price action in the near term.

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Crypto Currency

Bitcoin slides below $76,800 as ETF outflows and inflation fears pressure crypto markets

Key takeaways BTC dips lower for a fourth straight day on Monday after losing nearly 6% the previous week. US-listed BTC spot ETFs record a weekly outflow of $1 billion, the highest in three months. Bitcoin (BTC) remained under pressure on Monday, trading below $77,000 after declining nearly 6% last week, as persistent spot ETF


Bitcoin drops below $77k

Key takeaways

  • BTC dips lower for a fourth straight day on Monday after losing nearly 6% the previous week.
  • US-listed BTC spot ETFs record a weekly outflow of $1 billion, the highest in three months.

Bitcoin (BTC) remained under pressure on Monday, trading below $77,000 after declining nearly 6% last week, as persistent spot ETF outflows and stronger-than-expected US inflation data dampened investor appetite for risk assets.

The latest decline marks Bitcoin’s fourth consecutive day of losses, with the cryptocurrency continuing to retreat after failing to sustain momentum above the key $82,000 resistance zone.

Hot US inflation data boosts hawkish Fed expectations

Bitcoin’s recent weakness accelerated following hotter-than-expected US inflation data released last week, alongside stronger US retail sales figures that reinforced expectations for a more hawkish Federal Reserve.

The renewed inflation concerns strengthened the US dollar and pushed Treasury yields higher, creating additional pressure on risk-sensitive assets such as cryptocurrencies.

Higher interest rate expectations typically reduce market liquidity and shift investor capital toward safer, yield-generating assets, limiting demand for speculative markets like Bitcoin.

The rejection near the $82,000 level also triggered additional profit-taking from short-term holders, intensifying the correction.

Institutional demand for Bitcoin also weakened notably last week. According to data from CoinGlass, US spot Bitcoin exchange-traded funds recorded net outflows of approximately $1 billion last week, marking the largest weekly withdrawal since late January.

The sharp reversal in ETF flows signals a cooling of institutional sentiment after several weeks of strong inflows that had previously supported Bitcoin’s rally.

If ETF outflows continue in the coming sessions, analysts warn that Bitcoin could face additional downside pressure.

Bitcoin price outlook: Bulls failed to take out a key resistance level

The BTC/USD 4-hour chart is bearish after Bitcoin’s price was rejected near the 100-week Exponential Moving Average (EMA) around $82,289.

BTC also closed last week below the 61.8% Fibonacci retracement level near $78,490, measured from the October all-time high of $126,199 to the February low around $60,000.

The breakdown below those key technical levels has shifted momentum firmly lower. If selling pressure persists, Bitcoin could extend losses toward the major psychological support level at $75,000.

On the weekly chart, momentum indicators remain mixed but increasingly cautious. The Relative Strength Index (RSI) slipped below the neutral 50 level and currently sits near 35, signaling a strong bearish momentum.

Meanwhile, the Moving Average Convergence Divergence (MACD) histogram is also in the negative region, suggesting that the bears are in control. 

If the bearish trend persists, immediate support sits near the clustered 50-day and 100-day EMAs below current

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Crypto Currency

Bitcoin Depot Files for Bankruptcy as Regulatory Pressure and Revenue Collapse Force Shutdown of 9,000 ATMs

Bitcoin Depot North America’s biggest Bitcoin ATM firm has reached an important point in its journey by submitting for Chapter 11 bankruptcy. This news represents a sharp decline for a firm that was once at the forefront of retail crypto access, but is now gearing up to methodically turn off more than 9,000 devices globally…

Bitcoin Depot North America’s biggest Bitcoin ATM firm has reached an important point in its journey by submitting for Chapter 11 bankruptcy. This news represents a sharp decline for a firm that was once at the forefront of retail crypto access, but is now gearing up to methodically turn off more than 9,000 devices globally…
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Crypto Currency

Japan Brokerages Build Crypto Funds as 2028 Reform Nears

Japan’s SBI Securities and Rakuten Securities are preparing in-house crypto investment trusts as regulators move toward allowing bitcoin and ether funds for retail brokerage accounts. The post Japan Brokerages Build Crypto Funds as 2028 Reform Nears appeared first on Crypto News Australia…

Japan’s SBI Securities and Rakuten Securities are preparing in-house crypto investment trusts as regulators move toward allowing bitcoin and ether funds for retail brokerage accounts.
The post Japan Brokerages Build Crypto Funds as 2028 Reform Nears appeared first on Crypto News Australia…
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