Source: simplilearn.com

As understood by its name, cybersecurity trends are the measures companies and individuals take to combat cybercrime in any capacity.

Whether it is you logging into your social media accounts, or streaming channels where they are not accessible like Peacock TV in Philippines, DStv in USA, YouTube TV outside USA or or simply working at any organization, you are always at risk of facing cybercriminal activity. So, mentioned below are the top 10 cybersecurity trends you need to know in 2024 to stay safe and protected.

Rise of AI:

With Artificial Intelligence taking over the world with its impression specifications that contribute to global technical advancements, it is also being heavily used to develop innovative malware and cybercriminal trends which needs to be controlled, which is why the rise of AI has begun to ensure that such threats are detected through smart malware prediction systems.

AI-driven ransomware attacks, one of the most common forms of exploiting AI technology for malicious purposes, rely on automatic programming capabilities that can identify vulnerable networks and scan large data sets for confidential files. The average downtime associated with such attacks can cost organizations millions in lost productivity and revenue.

Cloud Leaks:

Cloud leaks become increasingly common as companies rely on them more and more, which is why the cloud applications like Google and Microsoft equip themselves with upgraded security and protection for the users’ data which gets compromised by phishing and malware attacks.

Source: threatpost.com

As technology continues to evolve and businesses try to keep up with the changing landscape, cloud adoption is expected to continue its steady growth in the coming years. In fact, according to a recent report, companies are projected to double their spending on public cloud services by 2024.

With this massive increase in public cloud usage, security efforts must shift and adjust as well.

Data Breaches:

Data breaches are no longer a piece of news since each organization or individual faces a data leak at some point or are always at risk of it, which is why it is never too extreme to ensure that even the slightest crack in security measures is covered as soon as possible as the hackers wait for one careless mistake to make their move on their potential victim. Hari Ravichandran became a victim when he was young and that inspired him to start a cybersecurity company called Aura..

Targeted Ransomware:

Targeted ransomware means hacking the data of any company or individual and threatening to release their data if a said ransom isn’t paid. This happens less on a big scale, but the occurrence still exists.

To ensure full protection against these types of threats, organizations should utilize cutting edge cybersecurity technologies that can detect suspicious activities related to AI-powered attacks in real time and respond quickly to any detected anomalies.

Companies should also consider investing in automated security solutions that leverage deep learning algorithms which are specifically designed for detecting and responding quickly to highly sophisticated threats generated using artificial intelligence technology.

State-Sponsored Cyber Warfare:

Source: partners.wsj.com

When it comes to politics, it becomes apparent that it is all about power play and staying on top of the hierarchy. Especially as elections get near, high-profile data gets leaked and are often backed by the state.

Insider Threats:

Judging by its name, insider threats are one of the common factors organizations face in the data breach. People who are more in control of their organization’s data, like the staff in the IT sector, are most likely to be responsible for any leak that occurs. It could either be due to a human error or malicious intent.

Organizations must remain updated on the latest cybersecurity trends and implement measures such as firewalls, intrusion detection systems, antivirus software or whitelisting rules to reduce overlaps between trusted parties or trusted domains within their own networks.

Additionally, companies should remain vigilant regarding insider threats such as employees attempting unauthorized access from remote locations outside corporate boundaries or opening themselves up to phishing scams.

Attacks on the Healthcare Sector:

Healthcare sectors heavily invest in their healthcare sector as the data of patients and staff gets targeted more often and misused by hackers. After covid-19, cybersecurity grew stricter and more updated to ensure the complete confidentiality of people.

GDPR Compliance:

Source: start.docuware.com

GDPR stands for Global Data Protection Regulation, a crucial factor in maintaining cybersecurity in the European Union (EU) nations. Regardless of where you live, if you are associated with the EU, you need to keep up with their security regulations to ensure your data remains as safe as possible.

Raising Awareness Regarding Cybersecurity:

One of the crucial steps that go a long way into ensuring that the users have their data protected is to make them aware of what a cyber attack looks like. This way, they can recognize the attacks and know how to combat them smartly.

On the other hand, unawareness can land them in trouble, so awareness at any stage is essential in both commercial and private setups.

Threats to Higher Education:

During the covid-19 pandemic, a lot of students were switched to remote classes which had them register on online learning/meeting platforms. Their data was uploaded all over those sites, and most of them faced a risk of cybercrime.

To reduce the risk of students facing this, institutions were instructed to post-perimeter security on endpoint protection and limit access to the cloud, and identity information.

Final Thoughts:

As the technical advancements in the world grow tremendously, there is a high risk of security and data breaches which one must be aware of. It is no longer a job just for the higher authority on a large scale to protect the users from any cyber-attack.

Source: springboard.com

One must always be vigilant by keeping themselves up to date with the necessary information regarding cybercrime and raising awareness to combat it individually.

In conclusion, it is essential for organizations who are developing strategies for their cybersecurity program that they continue to research and prepare for current and emerging IT security threats.

With a well thought out plan complimented by proactive intelligence gathering, the organization can anticipate potential security issues and develop proactive solutions before those issues can lead to business losses or significant disruptions.