Cyber Threat Predictions for 2024
As 2023 ends, the world of cyber security finds itself at a critical juncture, with cyber criminals constantly refining their tactics. We predict that several emerging threats will rise in the coming year, requiring vigilant measures to safeguard your business. In this article, we will delve into some cyber security dangers on the horizon. IT Hotdesk, a leading IT company in Aberdeen also serving Edinburgh, Glasgow and Inverness, stands ready to provide you with the support and cyber security solutions you need.
Data extortion attacks
In 2024, data extortion is set to become a more dangerous threat. Hackers are becoming increasingly tactical in their approach, opting to exfiltrate sensitive data as well as traditional ransomware encryption. These actors will threaten to publish or sell the stolen information, leaving organisations of all kinds vulnerable, with healthcare, financial services, and government entities at particular risk.
Password attack sophistication
Password-related attacks such as brute force, password spraying, and credential stuffing will continue to plague organisations that rely solely on passwords for authentication. Cyber criminals are improving their password-guessing techniques, leveraging breached credential dumps, automation, and intelligent wordlists.
Mobile threats targeting smartphones
The use of mobile devices for work, shopping, and financial transactions has not gone unnoticed by malware creators. In 2024, we anticipate a surge in mobile exploits, where attacks compromise smartphones to steal credentials, harvest sensitive data, and deploy ransomware.
Software supply chain compromises
The notorious SolarWinds attack has shed light on the vulnerabilities present in supply chain attacks. In 2024, we expect to see more third-party compromises targeting trusted software, with the intent to deliver malware, launch attacks, or steal valuable data.
AI-Powered cyber threats
The misuse of artificial intelligence (AI) by threat actors is a growing concern in the cyber security landscape. AI will be leveraged to launch more convincing social engineering attacks and develop smarter malware that can adapt to evade defences. Deepfakes will also be weaponised for fraudulent and disinformation purposes.
The cyber security skills gap
The shortage of skilled professionals is a significant concern. The widening skills gap means that organisations lack the necessary expertise to effectively defend against evolving cyber threats. This shortage not only leaves systems vulnerable but also hampers the ability to stay ahead of the curve. To bolster our defences in the face of these challenges, addressing the cyber security skills gap is essential for the future security of digital assets and networks.
The year 2024 promises an ever-expanding cyber threat landscape. However, with a strong foundation in cyber security fundamentals and an acute awareness of emerging dangers, organisations can develop intelligence-driven defences. At IT Hotdesk, we offer comprehensive IT support and cyber security solutions. Contact our trusted advisors today to prepare for and respond to the latest cyber risks with confidence.
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