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2023 Cybersecurity Predictions

Andrew Pendergast, EVP of product at ThreatConnect

— MaaS (malware-as-a-service) operators act like a business, because they are a business – just an illegal one. Their goals are to make as much money as possible selling their product and services. This entails making it as accessible, trustable, reliable, and easy to use as possible to their “market.” So, beyond just making sure their malware is effective, we can expect MaaS providers to continue to evolve their support and services to accommodate a broader set of customers and affiliates. This may involve innovations to grow the confidence in continued anonymity and reliability of payment transactions between them, even if the provider is compromised by law enforcement like leveraging blockchain-based smart contracts is one means that has been researched. Regardless of the specific innovations, the net results will be a broadening user base for various MaaS offerings which in 2023 likely means more ransomware attacks.

Read more cybersecurity predictions here: IT World Canada, 2023 Predictions