We anticipate a big change in the way businesses evaluate the security measures of third-party vendors and engage with them in 2024. The conventional checklist method for reducing the risk of a third-party breach will change as more companies switch from manual to automated evaluations. Additionally, we should anticipate seeing more AI and ML integrated into cybersecurity solutions. These technologies will allow predictive analysis in addition to improving security system efficiency. Professionals in cybersecurity will use AI and ML to their advantage to stay ahead of cyberattacks.
There has been a constant onslaught of ransomware attacks over the past year, many of which have developed into double and triple extortion schemes. With the introduction of generative AI, AI and machine learning also gained prominence. As ransomware, data breaches, and hacks become commonplace news, there must be a corresponding shift in cybersecurity trends to keep up with the rapid advancement of technology. For complete protection, improve your abilities with security courses taught by professionals.
Artificial intelligence (AI) will revolutionize both attack and defense, just like it has in every other area of business and technology. It will have an effect on all of the trends that are discussed here.Technological advancement has accelerated in many fields in recent years, and cyber threats are no exception.
The lack of experts with the knowledge and abilities required to defend companies against cyberattacks will persist as a recurring issue in 2024. According to research, the majority of cyber security professionals (54 percent) believe that the impact of the skills shortage on their organization has gotten worse over the last two years. In fact, the situation seems to be getting worse. We can anticipate that efforts to address this issue will involve increasing funding for programs that promote training, development, and upskilling as well as maintaining the wage increases given to individuals who possess the requisite skills.
The leading cybersecurity themes for 2024 are listed here.
1. Malicious Code
Targeted ransomware is another significant cybersecurity development that we find impossible to ignore. Industries, particularly those in developed countries, mainly rely on specialized software to manage their day-to-day operations. Targets of ransomware have become more specific.
A sophisticated kind of malware that can impact companies of all sizes is called targeted ransomware. Sadly, a business with few security precautions is prime real estate for hackers. Cybersecurity is a strong line of defense against cybercrime.The healthcare sector and financial institutions are the two main targets of ransomware attacks.
Here are some examples of file types that ransomware targets:
Microsoft Office: . xlsx, . docx, and . pptx plus older versions.
Image: . jpeg, . png, . jpeg, . gif.
Business-related images: . dwg.
Data: . sql and . ai.
Video: . avi, . m4a, . mp4.
2. The Intense Growth of Vehicle Hacking
Autonomous software is now standard on many modern cars, enabling smooth connectivity for drivers with features like airbags, air conditioning, door locks, cruise control, and sophisticated driver assistance systems. These cars can connect via Bluetooth and WiFi, which exposes them to various security flaws and hacker threats. With more automated vehicles on the road in 2023, it’s anticipated that taking control of the vehicle or listening in on passengers through microphones will increase. Autonomous or self-driving cars use an even more complicated mechanism that necessitates stringent cybersecurity protocols.
3. Artificial Intelligence’s Potential
Artificial Intelligence (AI) has become a ubiquitous technology, and its combination with machine learning has revolutionized cybersecurity. The development of face detection, automated threat detection, natural language processing, and automated security systems has been greatly aided by AI. However, it’s also being used to create sophisticated malware and attacks that get around the most recent security measures for data control. Threat detection systems with AI capabilities can foresee future attacks and immediately alert administrators to any data breach.
4. The Rise of Mobile Devices and BYOD
There are indications that the Bring Your Own Device (BYOD) movement won’t be going away. Employees are using their personal devices for work-related tasks as remote work becomes more common. This method has security issues even though it is flexible and convenient.
We anticipate a further surge in BYOD and mobile device usage in 2024. Organizations must enforce security policies and deploy strong mobile device management (MDM) solutions in order to protect sensitive corporate data on these devices. Finding a balance between worker productivity and data security is difficult.
The Internet of Things (IoT) will usher in a new era of interconnectedness with the introduction and expansion of 5G networks. It was discovered that Chrome, the most popular browser worldwide and one that Google supports, has significant bugs. Since 5G architecture is relatively new to the market, extensive research is needed to identify vulnerabilities that would allow the system to be secure from outside attack. There could be a plethora of undiscovered network attacks with every step of the 5G network.
In conclusion, a combination of evolving threats and technological advancements will define the cybersecurity landscape in 2024. It is essential for both individuals and organizations to remain knowledgeable and proactive. 2024’s cybersecurity trends will undoubtedly be more frightening.