Cybersecurity trends and challenges in 2024

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As every year, cybersecurity will continue to be an essential issue in the global context, both at the business, government, economic and social levels. The significant technological advances achieved in recent years are leading to streamlining and optimizing many processes, however, they have also caused the evolution of cyber threats, making them more effective and harmful.

In addition to this, the growing dependence on the use of mobile devices, IoT technology, email, is causing increasing vulnerability to the security of information, both personal and corporate, leading cybercriminals to invent new attack methodologies to take advantage of weaknesses. in the cybersecurity strategy of any organization.

As we approach 2024, new trends and challenges are emerging in this space, challenging experts and professionals to rethink strategies and adopt innovative approaches. Understanding how new technologies, methods, actors or political circumstances can impact or strengthen the corporate cybersecurity strategy is essential to design, plan, implement action plans that allow you to anticipate catastrophic situations and protect business continuity.

However, this not only implies understanding the threats that will gain strength in the environment, but it is also necessary to foresee opportunities to improve and strengthen information security. Adopting emerging technologies, complying with increasingly strict legal regulations and the involvement of senior executives in the management of cyber risks and threats will be key aspects to promote the culture of information security in companies during the coming years. .

Although the panorama is changing and, therefore, uncertain, it is essential to pay special attention to the analyzes of experts regarding what is to come in terms of cybersecurity for 2024 and subsequent years.

Regarding risks and threats, according to an article published by Eugene Kaspersky in the magazine Forbes Mexico, 2024 will represent important challenges for information security, mainly due to the following aspects:

  • Machine learning and AIAccording to the specialist, the strengthening of these technologies will lead to the rapid evolution and automation of cyberattacks, allowing them to be more effective and evade detection tools.
  • Exploits for mobile devices and smart devices: Experts predict that in the near future Advanced Persistent Threats (APTs) will strengthen and increase, targeting mobile and intelligent devices, such as IoT. This would also be driven by the rise of AI cyberattack tools.
  • Hacktivism and cyberespionage: The outbreak and aggravation of political conflicts such as that of Russia-Ukraine and Israel-Palestine, has caused a wave of cyber attacks by hacktivist and criminal groups with the aim of impacting the state service infrastructures of the opposing country. It is estimated that if these conflicts deepen, it is very likely that cyberattacks will also increase.

For its part, another important cybersecurity brand such as Eset, highlighted in its Computer Security Forum, the rise of 2 additional elements in terms of cyber threats:

  1. Low-cost malware or “commodity malware” which are relatively easy to access. Additionally, many of them are designed to be updated frequently, making it easier for them to evade protection systems.
  2. Using Telegram as a platform for communication and dissemination of Dark Web products.

Likewise, in 2024 there will be other aspects that must be monitored with special attention: firstly, an increase in ransomware attacks, especially those that take advantage of vulnerabilities in systems to install malicious applications, for which more lethal and accurate attacks.
On the other hand, there is a growing trend around cyberattacks against supply chains that can severely affect the delivery of critical services, not only for companies, but also for countries.

This will lead companies to be more cautious when choosing their suppliers of goods and services, prioritizing those that have robust and updated cybersecurity and disaster recovery strategies, allowing each link in the chain to be secured.

Faced with these challenges, it is essential that organizations take on the task of reviewing, once again, their cybersecurity strategies and policies, ensuring that they have conducive action plans and updated user training programs regarding types and tactics. from cyber attacks; and involve all stakeholders, such as partners, managers, senior executives, internal users, suppliers, to play a proactive role in protecting corporate data.

Also, developing a DRP that fits your operational requirements has become essential for survival in a digital context where cyberattacks are increasingly frequent and specialized. This becomes vital to enter 2024 prepared for the challenges that information security experts have exposed.

However, it is worth clarifying that 2024 will not only bring difficulties for companies' cybersecurity. On the contrary, with the advancement of technologies and the growing cybersecurity crisis in the world, more opportunities will open for organizations to create comprehensive cybersecurity and resilience strategies, where all those responsible for the business operation are involved and where it is considered. the implementation of high-tech tools for more efficient and agile data protection. 

According to a survey conducted by the company Tata Consulting Services, there are different milestones that will set the standard in business cybersecurity during 2024:

  1. Generative AI and Machine Learning, that will promote issues such as the acquisition of cyber insurance to cover possible risks and damages due to cyber attacks on organizations; real-time threat management and mitigation; protection of hybrid cloud environments.
  2. Given the escalation of cyberattacks and the growing exposure of data to hijackings and leaks, It is estimated that senior company executives are increasingly involved in securing their business information. to comply with all legal regulations associated with the protection of personal data.
  3. According to the company Zoho, concern about information security will increasingly lead companies to implement private cloud systems to ensure greater control over your data.
  4. Likewise, said company points out that, with the great advances that the AI, it will become imperative that nations begin to develop policies to regulate the use of said technology to safeguard the data of its population.

Having a better understanding of the upcoming cybersecurity landscape, it is the duty of companies to renew and redouble their efforts when it comes to adapting to current threats, technologies and tactics. This necessarily includes reviewing and updating the cybersecurity strategy. Above all, it is especially important that users (employees, suppliers, clients, managers) be emphasized even more in cybersecurity education plans, not only because they are the weakest link but also because they constitute the first line of defense against a cyber attack. The better formed and strengthened this line is, the greater the chances of facing an attack effectively.

Likewise, adopting better practices for the use, processing and storage of personal data will allow companies to be better protected against fines or sanctions derived from possible security breaches.

In summary, the rise of AI, machine learning and dependence on the use of mobile devices is bringing new challenges to those in charge of cybersecurity in companies and institutions. The coming years will be critical for the adaptation and tightening of cybersecurity measures in each organization, which is why it is essential to consider the perspectives of specialists in cybersecurity trends for the near future with the aim of taking early measures.

However, these challenges will also represent an opportunity to enhance cybersecurity tools, involve all the actors in the organization to a greater extent and have better control over the data to avoid breaches and, therefore, sanctions.

In conclusion, experts predict that the coming years will bring increasingly specialized, effective and destructive attacks. To do this, CISOs and IT managers must rely on the use of specialized tools, robust cybersecurity strategies and efficient disaster recovery plans to face new obstacles.

Additionally, the creation of AI use policies and prioritization in the implementation of private cloud in companies will be some of the trends that will become increasingly necessary to ensure the protection of personal and confidential data.

Continuing and strengthening user awareness programs, system updates, monitoring of mobile devices and IoT, among other things, will also be essential to prevent an eventual crisis. In addition to this, having appropriate solutions that can identify, correlate and mitigate risks, from the most basic to the most advanced, in time, will be a priority to respond to constantly evolving threats.

Therefore, interpreting what is coming in terms of cybersecurity is essential to prepare and, although many organizations already have cybersecurity strategies, policies, tools, it never hurts to review each one of them, to ensure that they are taken. appropriate measures and adaptation to a context that changes increasingly rapidly.

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