Kaspersky Lab Names This Year’s Top Cyber Security Threats

Russian cyber security company Kaspersky Lab listed their take on the year’s top security stories on Monday. And two quick takeaways: the cloud is dead, encryption services will come back strong.

No surprise, the IT firm led by the charismatic Eugene Kaspersky put cyber espionage on the top of their list.  This year saw a steady flow of blockbuster news about U.S. spy agencies eavesdropping on their political buddies from Brazil to Germany. Even secure governments have lost their privacy.