As we are into 2024, the world of cyber security is confronting unprecedented challenges as well as opportunities. Technology is continuously increasing with every aspect of our lives and hence protecting our digital assets as well as infrastructure has become more crucial.
In this blog post, we will discover some of the major cybersecurity trends that will shape 2024 and beyond.
Rise of Ransomware 2.0
Ransomware attacks have been persistent throughout the years but at present, they are witnessing its emergence. Cybercriminals are taking advantage of advanced techniques like double extortion where they not only encrypt the victim’s data but also threaten to leak the sensitive data until the ransom is paid.
Moreover, ransomware-as-a-service (RaaS) models are making it easier for novice hackers to launch ransomware attacks that further increase the threat to organizations of all types and sizes.
Zero Trust Security Architecture
With traditional parameter-based security measures proving insufficient in the aspect of increasing unsophisticated cyber threats, companies can embrace the zero-trust security model.
It ensures that no use of your device should be trusted by default and access to resources is granted on the list privileged basis as per the verification of Identity security posture, and device health. With the help of zero trust architecture, companies can protect their network applications and data against insider threats as well as external attackers.
AI-powered Cybersecurity Defences
Cyber threats continue to evolve with huge volume and complexity and AI-powered cyber security solutions are becoming indispensable for companies looking to stay ahead of the change.
Machine learning algorithms can study vast amounts of data to detect anomalies as well as patterns that indicate potential security incidents enabling faster and accurate thread detection and response. Security tools also help automate things like incident triage, malware analysis, and threat hunting, and bring up security teams to focus on strategic initiatives.
Supply Chain Cyber Security
The Solar Winds and Colonial Pipeline breaches highlight the critical importance of securing the supply chain against cyber attacks. In 2024, supply chain cyber security will continue to be a major concern for companies targeting third-party vendors and service providers as a means to divert their intended targets.
Empowering supply chain resilience requires companies to implement rigorous vendor risk management, programs, conduct regular security assessments, and also help establish clear communication and collaboration with all suppliers and partners.
Securing the IoT
The bulging of interconnected devices from smart thermostats to industrial sensors and wearable gadgets has created a fast and vulnerable attack surface for cyber criminals. In 2024, securing the Internet of Things will be the topmost priority for companies throughout all industries. Incorporating robust security measures like encryption over the year, and updated authentication are important components to mitigate risk connected with IoT devices and prevent them from being compromised and used as entry-level points into corporate networking.
Conclusion
The cyber security landscape in 2024 is characterized by increasing complexity, changing threats, and the requirement for adaptive and proactive security measures. By staying informed about the latest trends and adopting a holistic approach to cyber security companies can better protect themselves against cyber attacks and the digital world.