A journey into cyber security. In 2024… | Written by Nimsha Erin | March 2024

Cybersecurity in 2024 and beyond
Nimsha Erin

In 2024, the field of cybersecurity is expected to undergo major changes and undergo major transformation. Over the years, the complexity and frequency of cyber threats have become increasingly prominent, making traditional security measures difficult. Therefore, staying up to date with emerging trends is not only a strategic advantage, but also a key element of a robust defense strategy, especially in a rapidly evolving digital environment.

One of the emerging challenges, predicted by cybersecurity experts, is the reimagining of organizational cybersecurity through the widespread use of language models. This gives security groups the incredible ability to easily leverage queries to sift through vast amounts of data to gain relevant insights. These language models are good at understanding and producing human-like text and are advancing across a variety of fields. While the rise of these specialized language models has certainly had a major impact, managing data volumes and exploring variation in detailed cybersecurity datasets remains challenging. Therefore, in 2024, security measures will need to be handled in small language models. Security methods must have access to specialized, agile models that provide relevant and useful information. Real-time data training gives security teams a whole new power as they can quickly adapt to ever-changing risk scenarios.

Another issue that has arisen is the introduction of generative AI, also known as GenAI. GenAI has raised controversial debates regarding its moral challenges and its applications. Authorities must move quickly to establish security measures before threat actors exploit generated AI for malicious purposes. Current conditions suggest that attackers have the upper hand with sophisticated phishing tactics and a plethora of deepfakes, while hackers appear to have access to extensive information about their targets. Therefore, security professionals must prepare for the next generation of security risks created by AI.

According to experts, the rise in third-party data breaches is also believed to be due to the prevalence of data breaches worldwide. Large IT companies with large numbers of customers and large amounts of sensitive data are most likely to face conflicts due to security breaches. This happens as a result of the proliferation of APIs, digitalization of data, and unexplored zero-day vulnerabilities. To manage and monitor these gaps, organizations must establish and implement a clear, yet actionable set of key performance indicators. When managing and maintaining third-party risk, enterprises must adapt as threat actors’ strategies continue to evolve. Having witnessed multiple consequential supply chain attacks to date, organizations are having to reorganize both their own security measures and those of their vendors and third-party suppliers.

Maintaining adequate cyber resilience requires a proactive approach. One key element is the need to remain vigilant, recognizing that cybersecurity presents as many opportunities as challenges. We need to work on increasing the number of tools we have to combat the threats at hand. The future of digital safety can only be established by leveraging new technologies, fostering global cooperation, and prioritizing cybersecurity awareness and education.

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