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6 min read

4 Cybersecurity Predictions for 2024 (You Should be Planning For)

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Cybersecurity is a constantly evolving field. There are new threats, technologies, and opportunities developing all the time. As we continue in 2024, organizations need to be aware of current and future cyber threats and plan accordingly.  

Staying ahead of the curve is paramount to safeguarding digital assets. Significant changes are coming to the cybersecurity landscape. Driving these changes are emerging technologies and evolving threats. As well as shifting global dynamics. 

Here, we'll explore the key cybersecurity predictions we at Blueteam Networks feel are important for you to consider in 2024. 

1. AI Will Be a Double-edged Sword

Artificial intelligence (AI) has been a game-changer for cybersecurity. It has enabled quicker and more accurate threat detection, response, and prevention. But AI also now poses new risks such as adversarial AI, exploited vulnerabilities, and misinformation.  

For example, malicious actors use chatbots and other large language models to generate: 

  • Convincing phishing emails 
  • Fake news articles 
  • Deepfake videos  

This harmful content can deceive or manipulate users. Businesses will need to put robust security protocols in place. This includes embracing a human-in-the-loop approach as well as regularly tracking and reviewing their AI systems. This will help them mitigate the risks and harness the power of AI. 

2. Hacktivism Will Continue to Rise

Hacktivism is the use of hacking techniques to promote a political or social cause. These could include exposing corruption, protesting injustice, or supporting a certain agenda or movement.  

Hacktivism has been around for decades, but it's expected to increase in 2024. Especially during major global events like the Paris Olympics and the U.S. Presidential Election.  

Hacktivists may target organizations that they perceive as adversaries or opponents to their cause. This can include governments, businesses, or media outlets. These attacks can disrupt operations, leak their data, or deface their websites.  

Organizations will need robust protection against potential hacktivist attacks. This includes being proactive in defending their networks and operational systems. 

3. Ransomware Will Still Be a Persistent Threat

Ransomware is a type of malware that encrypts the victim's data. The attacker then demands a ransom for its decryption. Ransomware has been one of the most damaging types of cyberattacks in recent years, and can impact large and small businesses alike. 

In 2023, ransomware attacks increased by more than 95% versus the previous year. 

Ransomware attacks will likely continue to increase in 2024 due to new variants, tactics, and targets. For example, ransomware attackers may leverage AI to enhance their encryption algorithms.  As well as evade detection and customize their ransom demands. 

Organizations will need comprehensive ransomware prevention and response strategies. Including: 

  • Regular data back-ups  
  • Patching their systems immediately when needed 
  • Using reliable email and DNS filtering solutions 
  • Educating their users on how to avoid phishing emails and other malicious links 

4. Cyber Insurance Companies Will Become More Influential

Cyber insurance covers the losses and liabilities resulting from cyberattacks. It has become more popular and important in recent years, since cyberattacks are becoming more frequent and costly.  

Cyber insurance can help organizations recover from cyber-attacks more quickly and effectively. It provides financial compensation, legal help, or technical support.  

But cyber insurance can also influence the security practices of organizations. More cyber insurers may impose certain requirements or standards on their customers (i.e. implementing specific security controls or frameworks). Businesses will need to balance the benefits and costs of cyber insurance and focus on being in compliance with their cyber insurers' expectations in order to retain their protections. 

Be Proactive About Cybersecurity – Schedule an Assessment

It's clear that the cybersecurity landscape will continue to evolve rapidly. Organizations and individuals must proactively prepare for emerging threats. This includes adopting advanced technologies and prioritizing workforce development as well as staying abreast of regulatory changes.  

Blueteam Networks can help you put a comprehensive and trustworthy cybersecurity strategy in place. One that encompasses these predictions. This will help you navigate the digital landscape with vigilance. 

Contact us today to schedule your cybersecurity assessment.