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2024 Cybersecurity Outlook

As we step into 2024, the cybersecurity arena continues to morph, posing persistent challenges amid a backdrop of high-profile breaches and relentless attacks. In this dynamic landscape, staying ahead demands a heightened security posture to thwart evolving threats.

Founder and CTO of Enzoic, Mike Wilson, anticipates several key trends that will shape the cybersecurity landscape in the year ahead.

1. Generative AI’s Dark Side

We’re already seeing issues arise around the use of AI concerning the 2024 Presidential Election. Deepfakes, AI-generated disinformation, and social engineering campaigns are anticipated to play a pivotal role in influencing public opinion, creating a complex web of misinformation that challenges voters’ ability to distinguish reality from manipulation.

As campaigns intensify, and discussions around the regulation of emerging technologies continue, the threat of AI-generated abuse imagery will also draw increased attention. The nefarious use of generative AI in photo and video content is prompting the development of novel solutions—and they couldn’t come fast enough.

Additionally, cybercriminals are expected to embrace AI to enhance ransomware attacks, as well as increase the quality and frequency of phishing and vishing scams. From refining malware code to crafting sophisticated emails, hackers will leverage AI’s capabilities to bypass conventional security measures. Organizations will need to adapt their cybersecurity training as traditional indicators like poor grammar lose their effectiveness in the face of AI-generated content.

2. Subscription Model Malware

Subscription models are becoming the norm for accessing malicious tools. Malware, including ransomware and infostealers, is increasingly being offered through a “Malware as a Service (MaaS)” subscription model. This trend enables less experienced and less well-resourced threat actors to launch sophisticated and targeted cyberattacks at scale. Combined with generative AI, the results will be devastating unless companies can adapt rapidly.

3. Surge in Cloud API Attack Traffic

Cloud-based APIs (Application Programming Interface) have become a preferred target for cybercriminals due to their potential to expose sensitive data. An API serves as a bridge that enables different software applications to communicate and interact with each other. They are essential for seamless integration between different systems and applications, facilitating the smooth exchange of information. Cloud APIs specifically play a crucial role in creating scalable, flexible, and interconnected cloud-based solutions, empowering developers to harness the full potential of cloud services for their applications.

Hackers have recognized the ease with which APIs provide access to a company’s network, and are increasingly focusing on exploiting this vulnerability. In response, organizations are predicted to adopt security test automation solutions at an accelerated pace in 2024 to fortify their defenses against API attacks.

As the reliance on cloud-based APIs grows, organizations must prioritize securing their IT infrastructure to prevent data breaches. Security must be handled at the same time as Development, instead of bolted on as an afterthought.

4. AI’s Positive Role in Cybersecurity:

It’s not exclusively doom and gloom. While AI has often been associated with negative connotations, 2024 is poised to showcase its positive potential in cybersecurity. Large Language Models (LLMs) will play a pivotal role in sifting through vast datasets swiftly, enabling organizations to enhance their security analysis capabilities. When combined with other big data and machine learning techniques, AI will empower organizations to analyze threat data at an unprecedented scale, offering new insights and challenging the prevailing narrative that AI is inherently detrimental. Finding vulnerabilities will be easier for everyone.

As the cyber threat landscape evolves, the call to action remains the same: organizations need to adapt proactively to emerging trends, fortify their defenses, and leverage the positive aspects of AI to stay one step ahead of cyber adversaries.