Top 10 Cyber Security Trends And Predictions For 2024

Key Takeaways: Cyber security Trends 2024

• Rising Threat Landscape: The threat landscape is not showing any signs of improvement. Ransomware attacks are set to increase, especially with the growing professionalization of cybercriminals and supply chain exploitation. Cyber hygiene remains the best defense for companies.
• Collaboration Tools Under Siege: Cybercriminals are shifting their focus from social networks to collaboration tools. These tools, which have seen widespread adoption during the pandemic, contain sensitive data making them prime targets.
• Storage Evolution: Storage solutions are evolving to offer more robust defenses against ransomware attacks. The future will see storage solutions equipped with advanced security mechanisms to detect and prevent cyberattacks.
• IoT and DeepFakes: IoT vulnerabilities will be exploited to optimize impersonations. The rise of DeepFakes, which use AI to modify multimedia content, poses a significant threat, especially in real-time voice and video applications.
• Windows WSL and WSA Exploits: Cybercriminals are targeting the WSL layer on Windows systems. The increasing use of WSL and Android WSA emulation presents new opportunities for cyberattacks.
• Cyberinsurance Uncertainty: The future of cyberinsurance contracts is uncertain. Companies might face higher rates and stricter requirements to obtain coverage.
• Supply Chain Vulnerabilities: The software supply chain remains a significant vulnerability for companies. Cyberattacks targeting the supply chain are expected to rise, necessitating stronger protective measures.
• Adoption of “Zero Trust”: The “Zero Trust” approach, which revolves around the principle of not trusting anything or anyone, will see increased adoption. Companies will align their security strategies with this concept.
• Emerging LSI Keywords: Some of the semantically relevant keywords and entities related to “cyber security trends” include “trends in cyber security”, “current cyber security trends”, “cyber security industry trends”, “IoT vulnerabilities”, and “ransomware attacks”.
• Statistical Insight: Cyberattacks witnessed a 32% jump in Q2 2022 compared to Q2 2021, indicating the escalating threat landscape.
  

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In today’s digital age, cybersecurity has become a major concern for businesses and individuals. It seems like every day, there’s another news story about cyberattacks against various companies. But it’s no secret — cybersecurity is extremely important to our safety and the world around us. A hacker can steal your identity and use it to gain access to sensitive data or cause other serious damage to your business.

In this article, we’ll take a look at the top 10 cybersecurity trends and predictions for 2024. We’ll focus on the cybersecurity threats that are likely to arise in 2024 and how we can protect ourselves from them. We’ll also look at the trends that are likely to shape the future of cybersecurity.

Cyber atttacks jumped 32% in Q2 2022 compared to Q2 2021.

The year 2024 will not be easy for Cyber Threat Landscape. In a world with more clouds and APIs, attack surfaces are expanding and cyberattackers are experimenting with new vectors.

At the start of each year, publishers of Fortune Business Insights the major trends for the months to come. Let’s be frank, these reports are generally not very interesting. They multiply the evidence (“there will be more attacks and they will be more sophisticated”) and spread ideas serving their marketing more than CIOs or CISOs.

However, by compiling all these reports, IT for Business was able to highlight 10 forecasts that certainly have nothing mind-blowing or original but are good to keep in mind as so many warnings for cybersecurity in the coming months.

All this indicates that cybersecurity measures will have to take a more focused course in the future to try to anticipate attacks.

That is why we leave you the details of the cybersecurity trends that will be taken by the year 2024 at a global level so that you can satisfactorily guide your company’s strategies.

 #1: No improvement on the threat front

In its latest report, Splunk unsurprisingly predicts that “Ransomware will proliferate with the growing professionalization of cybercriminals and supply chain exploitation. If you didn’t like the ransomware and supply chain attacks of the past few years, you’re definitely not going to like them as a duo.” In addition, the editor specifies that “failures and breaches on a larger scale are to be expected and cyber-hygiene will constitute the best defense for a company”.

For its part, Lacework observes that “ransomware gangs are turning more and more to Linux, especially since the system drives more than 80% of cloud infrastructures, infrastructures that are increasingly attracting attackers”. Additionally, Lacework notes that “the continued identification of new Linux malware families is becoming increasingly complex, which only increases the risks.”

#2: Collaboration tools, an increasingly Frequent Target

Cybercriminals are turning away from social networks somewhat to focus on communication tools, the use of which has become widely democratized in two years of the pandemic. 

For Oliver Cronk, Chief IT Architect at Tanium, “ Cybercriminals know that these tools enable new ways of working and that they contain a lot of sensitive data. 

Rather than trying to find technical weaknesses in these tools, hackers will seek to exploit users by impersonating them. This can happen on platforms, but also outside of them. 

For example, Zoom-based phishing attacks are already circulating through emails, text messages and social media, with the aim of stealing credentials.

#3: Storage will play a more active role

As we have already seen in 2021, many storage solutions such as Rubrik, Nutanix, VMware and others have sought to strengthen defenses against ransomware with the notion of immutable backups and snapshots, protection against attacks on services time management NTP, etc.

Marketing experts believe that “In 2024, enterprise data storage solutions will be designed and delivered with more sophisticated built-in mechanisms to ensure earlier attack detection and prevention of attacks that delete, modify or encrypt stored data as well as recovery of stored data. data. 

The storage solutions will be combined with advanced security mechanisms at the application, server and network levels to provide enterprises with end-to-end solutions against cyberattacks across their entire IT bricks”.

Also read  39 Common Hacking Terms & Definitions – Cybersecurity Glossary

#4: IoT Vulnerabilities will be used to optimize impersonations

As we have seen with different attacks, DeepFakes are increasingly used to imitate voices or tamper with videos and can be easily spotted. 

The deepfake uses artificial intelligence to modify an image, video, or sound in order to deceive Internet users. The realization of this multimedia “deep fakery” generally consists in causing harm by knowingly diverting the image or the voice of a person.

This use of AI for malicious purposes can only increase, in particular, to steal identities. For Fortinet technical teams, “Artificial intelligence (AI) is already used by the lines of defense, in particular, to detect suspicious behavior generally associated with botnets. 

Cybercriminals also use AI to circumvent complex algorithms that help detect suspicious activity. In the future, spoofing attempts are expected to evolve: AI will be used to simulate human activities or to optimize social engineering techniques. 

Moreover, these usurpations will be increasingly simple to carry out thanks to the availability of sophisticated applications. 

We can therefore expect real-time usurpations on voice and video applications, capable of thwarting biometric analyses: a challenge for forms of secure authentication such as voice print or facial recognition”.

https://www.youtube.com/watch?v=l_6Tumd8EQI&feature=emb_logo 

For its part, Check Point believes that “the techniques of creating fake videos or fake audios are now advanced enough to be used as a weapon and used to create targeted content to manipulate opinions, stock prices or worse. Threat actors will use deepface-like social engineering attacks to gain permissions and access sensitive data.”

Also Read This Whitepaper On Cyber Threat Predictions for 2024

#5: Cybercriminals will exploit Windows WSL and WSA emulation layers

Fortinet teams have “already spotted new malware targeting the WSL layer on Windows 10 and Windows Server 2019“. 

This layer is increasingly used by developers and system administrators. The arrival of graphical support under WSL and Android WSA emulation will invite more and more Windows 11 users to activate these system layers that are deactivated by default. Something to challenge cybercriminals who will find new outlets for their botnets and Linux malware.

#6: Towards an end to cyberinsurance contracts?

BeyondTrust made this one of its 2022 predictions: “There are fears of a tsunami of cyber insurance cancellations and a frantic race by companies to obtain new coverage, potentially at much higher rates. To obtain coverage and secure the best rates, companies will need to demonstrate the high cybersecurity hygiene demanded by cyberinsurance underwriters.”

We find a bit of the same idea at Forrester. Its analysts predict “that a ransomware attack will hit a major financial market, forcing a cyber insurer to pull out of the market.”

#7: An IoT botnet will bring down a communication infrastructure

This is one of Forrester’s predictions for 2024: “In 2024, Forrester predicts that an IoT botnet will launch a DDoS attack that will exceed 30M requests per second, setting a new record. This level of traffic will manage to cause economic pain by depriving certain critical communication infrastructures.

#8: The Supply Chain is indeed the new Achilles heel of companies

The SolarWinds affair demonstrated how fragile the software supply chain of companies could be and serve as a vector for targeted attacks with multiple and devastating impacts.

For Check Point, “Cyberattacks against the supply chain continue to increase: Attacks against the supply chain will become more common and governments will establish regulations to deal with these attacks and protect networks. They will also work with the private sector and other countries to identify and target more threat groups globally.”

Lacework’s technical teams also believe that “The ability to achieve a one-to-many attack through a successful supply chain compromise makes it an attractive option worth hackers spending time and resources on.”

According to Forrester, “60% of security incidents will involve third parties. Cyberattacks targeting small vendors and suppliers, incidents involving third parties will increase, and companies that fail to invest in the pillars of risk management (people, process and technology) will be the subject of SolarWinds-style headlines.”.

#9: The Great Resign will not spare cybersecurity

According to Forrester, “One in 10 experienced security professionals will leave the industry. Data from 2021 indicates that 51% of cybersecurity professionals experienced extreme stress or burnout in the past year. In addition, 65% of them say they have considered quitting their job due to job stress. The Great Resignation is challenging global companies to maintain their workforce, and security, risk and privacy teams cannot escape this trend.” 

#10: Adoption of “Zero Trust” approach

This is a point of view expressed in particular by Chris Vaughan, AVP Technical Account Management at Tanium who notes: “The principle of the Zero Trust model, which consists of trusting nothing and no one, is simple, but suppliers must be more educative and agree on how organizations can implement technology holistically across their IT assets, as well as how employees access the network when working remotely.

However, all the reports we have reviewed agree that the adoption of Zero Trust approaches will intensify and that companies will increasingly adapt their security strategies by aligning themselves with the concepts of security without trust.”

A key step for these cybersecurity trends is to establish clear guidelines that allow all company personnel, customers and suppliers to be involved in the search for optimal solutions.

Conclusion – CyberSecurity Trends

All companies must be attentive to the changes demanded by the market and its customers, adapting their responses and services to keep users and consumers satisfied.

For this, they must have established a path of improvement that allows them to remain standing and at the forefront, offering quality and safety.

For this reason, being aware of the cybersecurity trends that are expected for 2024 is one of the actions to follow to take measures in advance of possible events.

We are always one step ahead and our actions are supported by implementing new technological solutions and alliances with world leaders in the field of information security.

Consult with our experts to obtain the advice you need and stay up to date with the cybersecurity trends required in your company.