The 'Deep Web' community will further challenge the authority of law enforcement agencies around the globe this year, cyber security solutions firm Trend Micro said today.
Deep Web is an underground online community which offers its users anonymity through untraceable networks. It is also called deepnet, invisible web or hidden web.
"Deep Web will significantly challenge law enforcement, as the latter struggles to build capacity in order to address cyber crime on a large scale," Trend Micro Senior Threat Researcher Maxim Goncharov said.
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Public distrust will lead to a rise in users going to the Deep Web, especially after the exposure of state-sponsored monitoring activities, resulting in a period of disparate efforts to restore privacy, he added.
"This has been more in use in countries like Russia, China, Turkey, etc as people there are using it to surf banned websites and information," Goncharov said.
Online banking will face more intrusions in 2014, Trend Micro said in its projections for the year.
In 2013, online banking malware attacks intensified. Also ransomeware attacks increased and evolved into Cryptolocker throughout the year, it added.
"In 2014, mobile banking will suffer from more attacks. The two-step authentification system is not a cure all, while it can improve IT security, it also introduces new attack vectors that have to be considered and make secure as well," the firm projected.
Cyber criminals will increasingly use targeted attack type methodologies like open source research and highly customised spear phishing along with multiple exploits, it said.
With augmented reality delivered through wearable technology, including watches and eyewear, the possibility of large scale cybercrime from identity theft by 2020 is a very real possibility as the technology continues to proliferate from 2014 and beyond, Trend Micro said.
